Liberty Star Uranium & Metals Corporation has entered into a new financing agreement with Labrys Fund II LP. On August 11, 2025, the company finalized a Securities Purchase Agreement, under which Liberty Star issued a convertible promissory note to Labrys II valued at $137,500, including a 10% original issue discount. This convertible note carries an 8% interest rate and is set to mature in one year. The agreement allows for the conversion of the outstanding principal and accrued interest into shares of Liberty Star's common stock. This strategic financial move aims to bolster the company's capital structure as it continues to pursue its business objectives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liberty Star Uranium & Metals Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-011869), on August 13, 2025, and is solely responsible for the information contained therein.