FYI.....4:30 pm      release from Marketwire

Liberty Silver Comments on Recent Trading Activity

Monday, October 29, 2012

TORONTO, ONTARIO--(Marketwire - Oct. 29, 2012) - Liberty Silver Corp. (TSX:LSL) ("Liberty Silver" or the "Company") stated that it is not aware of any material undisclosed development or other reason that would account for recent appreciation in the trading price of the Company's shares.

The Company wishes to advise the investment community that all official information regarding the Company must be derived solely from disclosure documents filed on www.sedar.com, www.sec.govand the Company's website (www.libertysilvercorp.com).

The shares of Liberty Silver trade on the TSX in Canada. For the present, the Company's stock will not immediately be listed, traded or quoted on any of the OTC Markets. The Company is reviewing the requirements necessary to permit its stock to resume trading on the OTCBB. The Company's stock may be traded in the US on the "grey market" or through US broker dealers who have access to the TSX.