Loan & DebtJun 17, 2026, 03:46 PM
Liberty Star Issues $73,700 Convertible Note to 1800 Diagonal
AI Summary
Liberty Star Uranium & Metals Corp. entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC on June 15, 2026. Under this agreement, the company issued a convertible promissory note with a principal amount of $73,700. The note carries an 8% interest rate, includes a 10% Original Issue Discount, and is set to mature on March 15, 2027. The outstanding principal and accrued interest on the note are convertible into shares of the company's common stock.
Key Highlights
- Liberty Star issued a convertible promissory note for $73,700.
- The note was issued to 1800 Diagonal Lending LLC.
- The note bears an 8% interest rate.
- It includes a 10% Original Issue Discount.
- The note matures on March 15, 2027.
- Outstanding principal and accrued interest are convertible into common stock.
Price Impact
More from LBSR