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 $89,650 with 1800 Diagonal Lending LLC. at 8%, with a 10% Original Issue Discount maturing February 15, 2026.
- Instrument
- convertible notes
- Principal
- $89,650
- Counterparty
- 1800 Diagonal Lending LLC.
- Rate
- 8%, with a 10% Original Issue Discount
- Maturity
- February 15, 2026
- Event
- incurrence
Exact text from the filing
On April 28, 2025, 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 $89,650. Effective April 29, 2025, 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 10% Original Issue Discount and matures on February 15, 2026.
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