Liberty Mines Inc. is looking for financing alternatives and curtailing development at its Redstone nickel mine SE of Timmins in northern Ontario, Canada. The Alberta, Canada headquartered miner has negotiated a USD 32 million issue of senior secured notes. Liberty will focus in the short term on areas underground which can be mined quickly and processed at the Redstone mill. All development work has been curtailed underground. Further operational changes may be needed to reflect the nickel market and the corporation’s cash flow position.