Liberty Star Uranium & Metals Corp. entered into a Securities Purchase Agreement with Monroe Street Capital Partners LP on September 21, 2026. Under the terms of this agreement, the Company agreed to issue a convertible promissory note to Monroe Street.
The note was issued on September 24, 2026, with a principal amount of $95,700. This amount includes an original issue discount of 10 percent. The note bears interest at an annual rate of 8 percent and has a maturity date of one year from the date of the agreement.
The agreement allows for the outstanding principal and accrued interest to be converted into shares of the Company’s common stock, as specified in the note itself. The Company filed the Securities Purchase Agreement and the promissory note as Exhibits 3.89 and 3.90 to this Current Report on Form 8-K.
