debt
confidence high
sentiment neutral
materiality 0.40
Liberty Star Uranium issues $97,200 promissory note to 1800 Diagonal Lending
LIBERTY STAR URANIUM & METALS CORP.
- Principal $97,200; interest 10% with 16.67% original issue discount; matures July 30, 2025.
- Unsecured note; 4 monthly cash payments begin six months from October 22, 2024.
- Note is convertible into common stock upon default; no prepayment penalty.
- Funds from 1800 Diagonal Lending; note issued under securities purchase agreement.
- Effective October 22, 2024; agreement filed as Exhibits 3.52 and 3.53.