nlk



FSC / Press Release


Liberty Mines Announces Appointment of Chris Stewart as CEO


Edmonton, Alberta CANADA, May 17, 2011 /FSC/ - Liberty Mines Inc. (LBE - TSX), today announced the formal appointment of Chris Stewart as CEO, effective May 14, 2011.


Mr. Richardson former Interim CEO commented that "Mr. Stewart has been gradually becoming more involved in the affairs of the Company as he completed his final commitments with his former employer and I am personally delighted that he will be bringing his wealth of mining company operations experience to bear on Liberty's situation. Now he is fully committed to Liberty and I will be pleased to be assisting him in a transition process to ensure that his start is as smooth and positive as possible."


Liberty is also pleased to announce that it is relocating its Head Office to Toronto. The new office location will be 5775 Yonge Street, Suite 1210 and will be effective as from June 15. Formal approval of the change of Head Office will be presented to the annual and special meeting of shareholders to be held in Toronto on June 28, of which formal Notice will be mailed in about two weeks time.


About Liberty Mines Inc.


Liberty Mines Inc. is a producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada. It owns and operates the Redstone nickel concentrator near Timmins Ontario.


About Jilin Jien Nickel Industry Co., Ltd.


Jilin Jien is one of the largest holding subsidiaries of Jilin Horoc Nonferrous Metal Group Co., Ltd., which was founded in 1960. Horoc and Jien own four nickel mines, one molybdenum mine, one silver mine, two smelters, seven refineries, and two chemical plants with total assets over RMB 3.0 billion. Jilin Jien professionally provides all kinds of nickel, copper, cobalt salts and nonferrous metal products for plating, chemical plating, battery materials and metallurgy. Jilin Jien is one of the biggest producers of nickel sulfate in the world, with annual output of 25,000 tons. In September 2003, Jilin Jien Nickel Industry Co., Ltd. was listed on the A-share market of the Shanghai Stock Exchange with stock code of 600432.


CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward looking statements". All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of Liberty, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Liberty's expectations are: exploration risks; commodity prices; regulatory approvals; receipt of mining permits and leases; and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators. Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to publicly update any such statement or reflect new information or the occurrence of future events or circumstances, except where required by securities regulations. Accordingly, readers should not place undue reliance on forward-looking statements.


For further information please contact:


James A. Richardson, Interim President & CEO

Phone (780) 485-2299 or 416-410-5297 Fax 780-485-2253

e-mail: jayr@libertymines.com


To view this release as a web page, please click on the following link:


>www.libertymines.com

Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com