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EX-10.1 - SECURITIES PURCHASE AGREEMENT - Liberty Coal Energy Corp.ex10-1.txt
EX-10.2 - CONVERTIBLE PROMISSARY NOTE - Liberty Coal Energy Corp.ex10-2.txt
EX-99.1 - BOARD OF DIRECTORS RESOLUTION TO THE COMPANY - Liberty Coal Energy Corp.ex99-1.txt

                                  UNITED STATES
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

                       February 5, 2012 (January 24, 2013)
                Date of Report (Date of earliest event reported)

                            LIBERTY COAL ENERGY CORP.
             (Exact name of registrant as specified in its charter)

          Nevada                        0-54073                   75-3252264
(State or other jurisdiction          (Commission               (IRS Employer
     of incorporation)                File Number)           Identification No.)

99 - 18th Street, Suite 3000, Denver, Colorado                       80202
   (Address of principal executive offices)                       (Zip Code)

                                 (888) 399-3989
              (Registrant's telephone number, including area code)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR

[ ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On January 24, 2013, Liberty Coal Energy Corp. consummated a Securities Purchase Agreement with Asher Enterprises, Inc. The agreement was entered into pursuant to a January 24, 2012 resolution of Company's Board of Directors. Asher agreed to purchase a Convertible Note in the amount of $32,500.00, due and payable on October 28, 2013 with interest payable at 8%. The Note was funded on January 30, 2013. The Note is convertible into Common Shares of the Company, for which the Company has reserved 64,800,000 shares. ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT The disclosure set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. The following exhibits are being filed herewith: 10.1 Securities Purchase Agreement between the Company and Asher Enterprises, Inc. 10.2 Convertible Promissory Note between the Company and Asher Enterprises, Inc. 99.1 Board of Directors Resolution of the Company relating to Asher Enterprises, Inc. 2
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LIBERTY COAL ENERGY CORP. Date: February 5, 2012 By: /s/ Robert T. Malasek --------------------------------------------- Chief Financial Officer, Secretary & Director