secwatch / observer
8-K filed January 19, 2024, 6:59 PM ET ticker LBSR CIK 0001172178
debt confidence high sentiment neutral materiality 0.25

LIBERTY STAR URANIUM & METALS CORP. (LBSR): debt financing — Liberty Star issues $110K convertible note to 1800 Diagonal Lending at 8% interest

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 $110,000 with 1800 Diagonal Lending LLC at 8%, with a 10% Original Issue Discount maturing October 30, 2024.

Instrument
convertible notes
Principal
$110,000
Counterparty
1800 Diagonal Lending LLC
Rate
8%, with a 10% Original Issue Discount
Maturity
October 30, 2024
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 $110,000. Effective January 12, 2024, 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
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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 $110,000 (effective 2024-01-16).

Action
entry
Agreement
equity purchase
Counterparty
1800 Diagonal Lending LLC.
Value
$110,000
Effective
2024-01-16
Exact text from the filing
As of January 16, 2024, 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 $110,000.
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283 debt financings filed in the last 30 days. Browse all debt financings →

LIBERTY STAR URANIUM & METALS CORP. filing history →

Source: SEC EDGAR
accession 0001493152-24-002933
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