UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.02 Unregistered Sale of Equity Securities
On February 26, 2025, Liberty Star Uranium & Metals Corp. (the “Company”), OTCQB Markets: LBSR, entered into a Private Placement Subscription Agreement (the “Agreement”) to issue a total of 3,080,670 shares of its common stock, par value $0.00001 (the “Common Stock”), to Pete O’Heeron, Chairman of the Board, Treasurer, Secretary & Director of the Company. Specifically, the Agreement provides for an offering of 277,260.27 in value of units of the Company, with each such unit consisting of one share of Common Stock, and a non-transferable half warrant for Common Stock which may be exercised for 36 months following the closing date at an exercise price equal to the offering price. The consideration paid for the Common Stock was $277,260.27 in the aggregate, or $0.09 per share, which includes an incentive 10% discount to the market price.
The units offered under the Agreement were issued in reliance upon an exemption from registration provided by Section 4(2) of the Securities Act of 1933 and/or Regulation D promulgated thereunder.
Item 9.01. Financial Statements and Exhibits.
The exhibits listed in the following Exhibit Index are furnished as part of this Current Report on Form 8-K.
Exhibit No. | Description | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LIBERTY STAR URANIUM & METALS CORP. | |
Dated: March 4, 2025 | /s/ Patricia Madaris |
Patricia Madaris, VP Finance & CFO |