Liberty Energy Corp. - 2010-09-21
Description
Has drawn down $75,000 from its recently executed equity financing agreement. Liberty received the drawdown under the terms of the equity investment agreement, which does not include any debt financing and facilitates funding of up to $8 million. The funds have been drawn to support the implementation of the first stage of a multi-phase work program on the Lockhart lease and will bring the total of external investment this year to $575,000.