SOURCE: First Liberty Power Corp.

December 14, 2010 10:15 ET

First Liberty Power Corp. Corporate Update

'E' Removal Update

LAS VEGAS, NV--(Marketwire - December 14, 2010) - The "E" has been added to First Liberty Power Corp. (OTCBB: FLPCE) symbol due to complexity in its year end reporting and events outside of the control of the Company delaying the acceptance of the 2010 Year End Report filing on Form 10-K. The "E" designation was an indication reflecting the late filing of required reports and has not stopped or hindered the trading of the company's stock. The Company completed and filed the Form 10K on Nov 19th 2010. It is the Company understanding that the delay in having the "E" removed from its symbol is due to a procedural complication between the Company's auditor and the regulatory oversight board. This complication is entirely outside of the Company's control.

"This change in our symbol is only temporary and has changed nothing about our day to day operations or trading," commented Glyn Garner CEO and President of First Liberty Power Corp. "We have now filed our yearend financial report and we are in contact with the our auditor regarding its requirements and obligations to ensure that our Form 10K is prepared and delivered in accordance to all required regulatory guidelines and we anticipate the 'E' to be removed in the coming days so we can keep all of our investors and potential investors completely up to date on our progress and abreast of our financial conditions as required by FINRA, there will be no change to our CUSIP number."

First Liberty Power Corp. is a Nevada-based mineral exploration company with a primary focus on lithium and vanadium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for both lithium carbonate and vanadium that is projected to result from the adoption and use of clean renewable energy that will fuel demand for products that utilize lithium-ion batteries and vanadium redox batteries.

www.firstlibertypower.com

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    First Liberty Power Corp.
    Tel: +1 877 331 8777