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LIBERTY MINT LTD. DISTRIBUTES MANAGEMENT LETTER TO SHAREHOLDERS
PRESS RELEASE – FOR DISTRIBUTION
LIBERTY MINT LTD. DISTRIBUTES MANAGEMENT LETTER TO SHAREHOLDERS
Orem, UT – September 18, 2000 /PR Newswire/ -- LIBERTY MINT LTD (OTC BB: LBMT) announces the mailing of its Management Letter to Shareholders for the year 2000 is expected to occur the end of this week. This insightful look into the past, present and future of the Company will also be posted on the corporate website www.libertymint.com.
Dan Southwick, CEO of Liberty Mint Ltd. comments, Liberty Mint Ltd has made significant changes over the last year that we wanted to make known to shareholders and potential investors. Some of these important events include: severing ties to a failing subsidiary, appointing a new management team, creating a new subsidiary, becoming a fully reporting company, our recent symbol change and forward split, as well as the hiring of an investor-friendly IR contact."
Heres an Exerpt from the Letter about the future of the Company, Liberty Mint, Ltd. is dedicating the remaining portion of the fiscal year 2000 to shoring up its financial health by focusing on creating more custom mint revenues and working on more efficient operations. We fully anticipate that by the end of the year, we will become profitable and have laid a strong foundation for future growth of both subsidiaries. In the year 2001, we can then focus on our marketing efforts."
LIBERTY MINT LTD (www.libertymint.com) is the only publicly traded mint in the United States and one of the world-renowned leaders in the industry, providing custom minting services for governments, public institutions, and numerous Fortune 500 businesses. LIBERTY MINT LTD is the parent holding company of two wholly-owned subsidiaries (The Great Western Mint Inc. and Liberty Mint Marketing Inc.) which develop, manufacture and market licensed and proprietary commemoratives and collectibles in both precious and non-precious metals. Primary products include entertainment commemoratives, western art, silver sculptures and custom coins.
Except for the historical information presented herein, the matters set forth in this press release are forward looking statements within the meaning of the "safe-harbor" provision of the Private Securities Litigation reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.
SOURCE: LIBERTY MINT LTD.
CONTACT: REALSENSE.COM, INC. (www.realsense.com) Tel. 603-685-6000
Serena Riedel, Director of Investor Relations
EMAIL: LBMT@realsense.com
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