Nick Clegg will defend his Sheffield Hallam seat and Vince Cable will battle to return to Parliament, as the Lib Dems plot a general election fightback.
Party sources confirmed that the former Business Secretary would stand in the election, and other familiar faces would return for the campaign.
The party, which was roundly thrashed in the 2015 election, will try and capitalise on the 48% of voters who backed remain in the election - and may not see a party who reflects their views.
Former minister Simon Hughes will stand again in Bermondsey and Old Southwark, which he lost in 2015 to Labour's Neil Coyle - a vocal critic of Jeremy Corbyn who had a very public fallout with the party leadership yesterday.
Lib Dem stalwart Julian Huppert will also return to the fray, standing again in his former seat in Cambridge.
But former Chief Secretary to the Treasury Danny Alexander will not fight in the election - he moved to China after losing his Inverness, Nairn, Badenoch and Strathspey seat in 2015.
Tim Farron was in Truro when the news broke, campaigning ahead of next month's local election.
He told supporters: "This election is your chance to change the direction of our country.
"If you want to avoid a disastrous Hard Brexit . If you want to keep Britain in the Single Market. If you want a Britain that is open, tolerant and united, this is your chance.
"Only the Liberal Democrats can prevent a Conservative majority."
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Norman Lamb told Sky News: "I think there's a real opportunity to win many seats back again."
He said there the South West of England has a history of being strongly Lib Dem and the party has an opportunity in areas of the country that voted strongly for remain.
General election 2017
In a statement, Nick Clegg said: I will be re standing as the Liberal Democrat Parliamentary Candidate in Sheffield Hallam - a constituency I have had the immense privilege to represent in Parliament for twelve years - because I vehemently oppose the direction that Theresa May wishes to drag our wonderful country.
When I was Leader of the Lib Dems, our key task was to provide responsible Government; today our key task is to provide effective opposition and lead the fight against the Conservatives’ damaging approach to Brexit.
My constituents, and millions of people across the country, deserve a better choice than Theresa May’s hard Brexit and Jeremy Corbyn’s hapless leadership.