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Press release from Marketwire

Expiry of Liberty Silver Offer for Sennen Resources

Friday, September 14, 2012

Expiry of Liberty Silver Offer for Sennen Resources16:14 EDT Friday, September 14, 2012TORONTO, ONTARIO--(Marketwire - Sept. 14, 2012) - Liberty Silver Corp. (TSX:LSL)(OTCBB:LBSV) ("Liberty Silver"), in accordance with applicable securities legislation, announced today that its offer (the "Offer") to acquire all the issued and outstanding common shares of Sennen Resources Ltd. ("Sennen") expired at 9:00 pm EDT on September 10, 2012 and that Liberty Silver shall not take-up the Sennen common shares deposited under the Offer and shall return such deposited Sennen common shares to the depositing Sennen shareholders. About Liberty Silver Liberty Silver is focused on exploring and developing mineral properties in North America. The company is committed to creating value for its shareholders by advancing its projects using its mitigated risk approach to production, developing new resources on its existing properties, and acquiring new properties with potential to expand their resource base. The Trinity Silver property in Pershing County, Nevada is the company's flagship project. Liberty Silver has the right to earn a joint venture interest in the 10,576 acre Trinity Silver property from Renaissance Gold Inc. For more information, go to www.libertysilvercorp.com. The depositary and information agent for the Offer is:Kingsdale Shareholder Services Inc.The Exchange Tower130 King Street West, Suite 2950, P.O. Box 361Toronto, Ontario M5X 1E2North American Toll Free Phone: 1-866-581-0512Facsimile: 416-867-2271Toll-Free Facsimile: 1-866-545-5580Outside North America, Banks and Brokers Call Collect: 416-867-2272E-mail: contactus@kingsdaleshareholder.comCautionary StatementsThis News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.FOR FURTHER INFORMATION PLEASE CONTACT: Manish Z. KshatriyaLiberty Silver Corp.Executive VP & CFO(888) 749-4916mkshatriya@libertysilvercorp.comwww.libertysilvercorp.comORInvestor RelationsKevin O'Connor(416) 962-3300ko@spinnakercmi.comORBernard SimonKingsdale Communications(416) 867-2304Vice-Presidentbsimon@kingsdalecommunications.comThe Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.