---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-013223"
form_type: "8-K"
ticker: "LBSR"
cik: "0001172178"
company_name: "LIBERTY STAR URANIUM & METALS CORP."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:10:38.755018+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Liberty Star borrows $75,000 from Chairman Peter O'Heeron at 10% interest

## Summary
- Promissory note executed April 3, 2024 with Peter O'Heeron, Chairman, Secretary & Treasurer.
- Principal $75,000, interest 10% per annum compounded annually.
- Maturity April 3, 2025 unless extended or prepaid.
- Proceeds for ongoing exploration expenses.

## SEC filing metadata
- accession: 0001493152-24-013223
- form_type: 8-K
- ticker: LBSR
- cik: 0001172178
- company_name: LIBERTY STAR URANIUM & METALS CORP.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1172178/000149315224013223/0001493152-24-013223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172178/000149315224013223/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-013223
- JSON: https://secwatch.observer/filing/0001493152-24-013223.json
- Plain text: https://secwatch.observer/filing/0001493152-24-013223.txt

## Key facts
- Debt Financings
  LIBERTY STAR URANIUM & METALS CORP. incurred loan of $75,000 with Peter O'Heeron at 10% per annum, compounded annually maturing April 3, 2025.
  - Instrument: loan
  - Principal: $75,000
  - Counterparty: Peter O'Heeron
  - Rate: 10% per annum, compounded annually
  - Maturity: April 3, 2025
  - Event: incurrence
  source text: On April 3, 2024, Liberty Star Uranium & Metals Corp. (the “Company”) entered into a Promissory Note Agreement (the “Note”) with Peter O’Heeron, Chairman, Secretary & Treasurer of the Company. The Note was executed to evidence a $75,000 loan to the Company from Mr. O’Heeron. The Company intends to use the proceeds for payment of on-going exploration expense. The Note bears interest at 10% per annum, compounded annually with principal and interest maturing April 3, 2025, unless further extended by Mr. O’Heeron, or the company chooses to pay earlier.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1172178/000149315224013223/0001493152-24-013223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.