Was Googling JJ and came up with this from April 17th.

http://www.marketwire.com/press-rele...

Here's the snippet that is most relevant to Liberty:

Liberty Mines suspended its mining operations in 2008, and as of December 31, 2008, owed Nordex $308,109. Liberty Mines has been seeking financing and has released a series of announcements on the progress of this goal. In a press release on April 14th, 2009, they indicated that "Liberty Mines Inc. ("Liberty or the Corporation") is pleased to announce that it has arranged a CDN$30,000,000 equity financing with Jilin Jien Nickel Industry Co., Ltd. ("JJNICL") of Panshi City in China." The press release further indicates that "As part of this financing JJNICL will directly pay the negotiated balance due on the loan described in the February 19th press release. The balance of the financing will be funded to Liberty to pay amounts owing to employees, trades and suppliers; and to provide additional working capital. The financing is subject to certain governmental or regulatory approvals that are required such as those from the Chinese government and the Toronto Stock Exchange ("TSX")."

As of this date, Nordex is unaware as to whether Liberty Mines will be successful in completing this financing, or obtaining other financing which will enable Liberty Mines to pay the full amount currently outstanding to Nordex. As a result, the full amount owing by Liberty Mines of $308,109 has been taken as an allowance for bad debt expense in 2008. In the event that Liberty Mines is successful in completing this financing or obtaining other financing, then some or the entire amount included in the Allowance for Bad Debt Expense for the year ending December 31, 2008 may be recoverable by Nordex.