Liberty Star Uranium & Metals Corp. announced that it has entered into securities purchase agreement to issued convertible promissory note for gross proceeds of $44,250 on February 2, 2023. The transaction will include participation from returning investor, 1800 Diagonal Lending, LLC.

The note bears rate of interest of 8%. The notes are issued at a discount of 10% which is $4,425 on principle amount of $48,675 and will mature on February 2, 2024. 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 shall incurred expenses of $4,250 as legal and due diligence fee on behalf of the investor.