Liberty Star Uranium & Metals Corp. announced that it has entered into a securities purchase agreement with returning investor 1800 Diagonal Lending LLC to issue a convertible promissory note for principal amount of $51,108.00, issued at discount of $4,646 for gross proceeds of $46,462 on November 23, 2022. The note bears interest at 8%, with a 10% original issue discount and matures on November 23, 2023.

Pursuant to the terms of the note, the outstanding principal and accrued interest on the note shall be convertible into shares of the companyÆs common stock as set forth therein. The company will pay buyers legal fees and due diligence fee of $4,250 in the transaction.