Liberty Gold’s Exciting Spin-Out: A New Era for Goldstrike Project and Specialty American Metals
Vancouver, BC, April 13, 2025 – Liberty Gold Corp. (LGD, LGDTF) is thrilled to share some significant updates regarding the ongoing “spin-out” process of its wholly-owned subsidiary, which holds the renowned Goldstrike Project and the recently discovered Antimony Ridge. This new entity is expected to be named Specialty American Metals Inc. (Specialty American).
A New Beginning for Liberty Gold and Specialty American
Liberty Gold, a leading precious metals exploration company, has been making headlines with its exciting Goldstrike Project in Nevada. The Goldstrike Project, known for its Carlin-type gold deposits, has been grabbing the attention of investors and industry experts alike. However, the recent discovery of Antimony Ridge, a significant deposit of antimony, has added a new dimension to Liberty Gold’s portfolio.
In order to unlock the full potential of these two distinct assets, Liberty Gold has decided to spin out the subsidiary that holds the Goldstrike Project and Antimony Ridge. This move will allow Specialty American to focus exclusively on the development of these resources, creating value for its own shareholders.
What Does This Mean for Liberty Gold Shareholders?
For Liberty Gold shareholders, this spin-out presents an intriguing opportunity. They will automatically receive shares in Specialty American, giving them exposure to not only gold but also antimony. This diversification could lead to potential growth and increased value for Liberty Gold shareholders.
- Liberty Gold shareholders will receive shares in Specialty American, maintaining their investment in the company.
- The spin-out will provide Liberty Gold shareholders with exposure to antimony, a commodity with growing demand and potential.
- Specialty American is expected to focus on the development of the Goldstrike Project and Antimony Ridge, creating value for its shareholders.
Impact on the Global Community
Beyond the immediate impact on Liberty Gold shareholders, the spin-out of Specialty American could have a broader effect on the global community. The mining industry is a significant contributor to the global economy, and the exploration and development of new mineral deposits can lead to job creation, economic growth, and technological advancements.
Moreover, the discovery and development of antimony deposits like Antimony Ridge could contribute to the global supply of this essential commodity. Antimony is a crucial component in various industries, including electronics, batteries, and flame retardants. As the world continues to transition towards renewable energy and advanced technologies, the demand for antimony is expected to grow.
Conclusion
Liberty Gold’s decision to spin out Specialty American, a subsidiary that holds the Goldstrike Project and Antimony Ridge, marks an exciting new chapter in the company’s history. This move will allow Specialty American to focus on the development of these valuable resources, creating potential value for Liberty Gold shareholders and the global community. With exposure to both gold and antimony, investors in Liberty Gold could be in for a rewarding ride as these assets are developed.
As we continue to monitor the progress of Liberty Gold and Specialty American, we encourage investors to stay informed and stay engaged. This is just the beginning of an exciting new journey.
