debt
confidence high
sentiment neutral
materiality 0.50
Liberty Star Uranium enters $79,200 promissory note with 1800 Diagonal Lending
LIBERTY STAR URANIUM & METALS CORP.
- Principal $79,200; unsecured; 10% interest plus 16.67% original issue discount; matures 3/15/2025.
- Repayment in 4 monthly cash installments beginning six months from effective date (June 13, 2024).
- Note convertible into common stock upon event of default; no prepayment penalty.
- Issued to 1800 Diagonal Lending LLC under a default Securities Purchase Agreement.