secwatch / observer
8-K filed March 29, 2023, 7:59 PM ET ticker LBSR CIK 0001172178
debt confidence high sentiment neutral materiality 0.50

LIBERTY STAR URANIUM & METALS CORP. (LBSR): debt financing — Liberty Star Uranium issues $48,625 convertible note to 1800 Diagonal Lending

LIBERTY STAR URANIUM & METALS CORP.

Key facts

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 $48,625 with 1800 Diagonal Lending LLC. at 8%, with a 9% Original Issue Discount maturing March 24, 2023.

Instrument
convertible notes
Principal
$48,625
Counterparty
1800 Diagonal Lending LLC.
Rate
8%, with a 9% Original Issue Discount
Maturity
March 24, 2023
Event
incurrence
Exact text from the filing
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 $48,625. Effective March 24, 2023, 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 9%
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

LIBERTY STAR URANIUM & METALS CORP. entered into Securities Purchase Agreement with 1800 Diagonal Lending LLC valued at $48,625 convertible promissory note (effective 2023-03-27).

Action
entry
Agreement
notes offering
Counterparty
1800 Diagonal Lending LLC
Value
$48,625 convertible promissory note
Effective
2023-03-27
Exact text from the filing
As of March 27, 2023, Liberty Star Uranium & Metals Corp. (the "Company") entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") with 1800 Diagonal Lending LLC. ("1800 Diagonal").
View on SEC.gov

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LIBERTY STAR URANIUM & METALS CORP. filing history →

Source: SEC EDGAR
accession 0001493152-23-009484
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