Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LIBERTY STAR URANIUM & METALS CORP. incurred convertible notes of $51,108 with 1800 Diagonal Lending LLC at 8%, with a 10% Original Issue Discount maturing November 23, 2023.
- Instrument
- convertible notes
- Principal
- $51,108
- Counterparty
- 1800 Diagonal Lending LLC
- Rate
- 8%, with a 10% Original Issue Discount
- Maturity
- November 23, 2023
- Event
- incurrence
Exact text from the filing
Pursuant to the terms of the Securities Purchase Agreement, the Company agreed to issue a convertible promissory note (the “Note”) to 1800 Diagonal in the aggregate principal amount of $51,108. Effective November 23, 2022, the Company issued the Note to 1800 Diagonal consistent with the terms of the Securities Purchase Agreement. The Note bears interest at 8%, with a 10% Original Issue Discount and matures on November 23, 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LIBERTY STAR URANIUM & METALS CORP. entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC. valued at $51,108 (effective 2022-12-05).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- 1800 Diagonal Lending LLC.
- Value
- $51,108
- Effective
- 2022-12-05
Exact text from the filing
As of December 5, 2022, Liberty Star Uranium & Metals Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with 1800 Diagonal Lending LLC. (“1800 Diagonal”). Pursuant to the terms of the Securities Purchase Agreement, the Company agreed to issue a convertible promissory note (the “Note”) to 1800 Diagonal in the aggregate principal amount of $51,108.
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