LIBERTY STAR URANIUM & METALS CORP.

Liberty Star added Monroe Street Capital Partners as a new lender, borrowing $123,200 in May 2026 — another large note similar in size to last year's Labrys and FirstFire notes.

debt financing

Liberty Star took another large $137,500 note two weeks later, this time from new lender FirstFire Global Opportunities Fund, on the same terms as the Labrys note — its financing needs clearly stepping up in size.

debt financing

Liberty Star added Labrys Fund II as a new convertible-note lender, borrowing $137,500 — its largest single note in years — at 8% with a 10% discount.

debt financing

Chairman Pete O'Heeron personally bought $277,260 of common stock and warrants at $0.09/share (a 10% discount to market) -- officer cash is now directly funding operations via ordinary stock purchases, not just loans or Class A control shares.

capital raising announcement

Liberty Star disclosed it is now running on cash advances from its own officers and staff: CFO and Interim CEO Patricia Madaris advanced over $124,000, Chairman O'Heeron $20,000 and Field Operations Manager Jay Crawford $9,000, totaling nearly $154,000 for the quarter — confirming a leadership change (Madaris now interim CEO) and a company kept running almost entirely on insider cash.

debt financing

Liberty Star lined up yet another equity line, this one letting GHS Investments buy up to $10 million of its stock in monthly draws — a new counterparty replacing its now-lapsed Tangiers and Triton facilities as its standing option for dilutive equity financing.

material agreement

Chairman Peter O'Heeron advanced Liberty Star a further $150,000 in August 2024, describing himself as the company's majority shareholder actively supporting its cash needs — insider funding now a core, recurring part of how the company stays afloat.

debt financing

The first channel-sampling results from the new Red Rock Canyon drilling program came back strong: over 30% of 23 sampled jasperoid lenses graded above 1.5 g/t gold, with individual samples as high as 85.8 g/t — the best evidence yet that the multi-year Red Rock Canyon gold thesis is real, and a direct payoff from the drilling contract signed in November 2023.

drilling result

Liberty Star also took a $126,000 note from 1800 Diagonal in February 2024, now structured as a fixed cash-repayment schedule with a steep 16.67% discount rather than the usual convertible terms — a costlier structure than its earlier notes from the same lender.

debt financing

Chairman Peter O'Heeron loaned Liberty Star another $210,000 in February 2024, his second insider loan in as many weeks.

debt financing

For the first time, Liberty Star turned to an insider for cash: Chairman Peter O'Heeron personally loaned the company $250,000 at 10% interest to fund ongoing exploration — a new, more direct form of insider financing alongside its outside convertible notes.

debt financing

After years of geoscience work, Liberty Star finally contracted NISS Drilling Services to physically drill both its Red Rock Canyon gold prospect and the adjacent Hay Mountain Target 1 copper zone — about 250 feet per hole at each — marking the company's first real drill test of properties it had spent years mapping and sampling.

material agreement

Pete O'Heeron alone bought 250,000 Class A super-voting shares back out of treasury for $9,525, consolidating control of the Class A voting bloc in his own hands rather than splitting it evenly with Gross.

capital raising announcement

Issued 398,000 more Class A super-voting shares to Gross and O'Heeron (199,000 each) for a token $19,502, bringing total Class A shares to 500,000 and their combined voting power to 100 million votes -- continuing the control-entrenchment mechanism first used in 2020, though at a much smaller Class A share count than that original 51-million-share issuance implied should exist by now.

capital raising announcement

Liberty Star settled a lawsuit brought by its former CEO James Briscoe: he dropped all claims (including for back wages and credit card debt) and returned company vehicles and property, while Liberty Star reinstated his old stock options and agreed to pay him under $30,000 in installments — a resolution management called favorable given the debt and property recovered.

other material event

CEO Brett Gross and Chairman Pete O'Heeron converted a combined $626,187 of the personal shareholder advances and loans they had made to the company into stock and warrants (units at $0.269/share) -- clear evidence the two officers had been substantially self-funding the company well before the officer-loan pattern already on record starting January 2024.

capital raising announcement

Liberty Star lined up a new $1 million equity purchase agreement plus a $1 million warrant with Triton Funds, giving it another dilutive-but-optional source of cash to draw on alongside its convertible notes.

material agreement

Fresh surface rock samples at Red Rock Canyon assayed as high as 2.18 ounces per ton gold, reinforcing the historic drill results highlighted in last month's technical report and adding weight to the case for new drilling there.

drilling result

An independent technical report on Liberty Star's Red Rock Canyon gold property — a target carved out of Hay Mountain after jasperoid outcrops showed strong gold values — found that 12 of 17 historic drill intercepts graded above cutoff, up to 5.66 grams per ton, and recommended new drilling to expand the discovery, marking the emergence of gold (not just copper) as a real target within Hay Mountain.

drilling result

In a major control-entrenchment move, issued 51 million shares of new super-voting 'Class A Common Stock' -- 200 votes per share -- to two directors, Brett Gross and Pete O'Heeron, for a token $49,062 paid by offsetting existing company advances; the resulting 10.2 billion Class A votes outweighed the roughly 4.8 billion ordinary shares then outstanding, handing the two directors effective voting control of the company.

capital raising announcement

Liberty Star disclosed the CEO personally advanced about $40,000 to buy a portable elemental analyzer for the company, to be reimbursed once cash allows — alongside a busy stretch of exploration work at the newly acquired Hay Mountain Project, including a new airborne-survey reprocessing contract with Geotech and expanded Arizona State Land Department mineral permits, signaling Hay Mountain (not Big Chunk) is now the company's lead project.

debt financing

By late 2016 Liberty Star — now renamed Liberty Star Uranium & Metals Corp. — was back to serial convertible-note borrowing, taking $110,000 from Tangiers Investment Group at 12% interest convertible at a steep 60% discount to its lowest recent trading price, with two amendments already needed to loosen the terms further.

debt financing

Entered into a $500,000 convertible note with an unnamed institutional investor, with a $50,000 original issue discount and conversion priced at a 30% discount to the three lowest closing prices in the prior 20 trading days -- among the largest single notes since the 2008-09 program.

capital raising announcement

Liberty Star signed up for a new equity line, letting Tangiers Investment Group buy up to $8 million of its stock in small monthly draws (capped at $100,000/month) — another dilutive financing option layered on top of its existing convertible-note debt.

material agreement

Borrowed $210,000 from Tangiers Capital, and separately consented to GCA Strategic Investment Fund's assignment of the November 2013 note (still owing $250,000) to an affiliated entity, Tangiers Investment Group, extending its maturity to November 2015 -- Tangiers now held both a new and an assigned note.

capital raising announcement

Borrowed $150,000 from JSJ Investments via a 12% convertible note, convertible at a 45% discount to VWAP with a 140-150% prepayment premium -- JSJ's first appearance as a lender, well before the 2017 date already on record for this relationship.

capital raising announcement

Liberty Star and Northern Dynasty finally settled all remaining claims under their 2010 loan and mining-claims-sale agreement, closing out the multi-year Big Chunk financing saga with no further obligations on either side.

material agreement

Took out a $250,000 convertible note from a US Virgin Islands-based lender (later revealed as GCA Strategic Investment Fund Limited) -- interest-free unless in default, convertible at a steep 30% discount to VWAP -- the start of the serial small-note financing pattern that would define the company's next decade.

capital raising announcement

Liberty Star issued a new $555,000 toxic convertible note to an offshore lender at a 10% original issue discount, convertible at a steep 30% discount to its already-depressed share price — the start of a new, more expensive era of dilutive convertible-note financing that would recur for years.

debt financing

Liberty Star settled its Northern Dynasty debt — by then $3.7 million principal plus $872,543 in accrued interest — by handing over 199 mining claims in the south block of Big Chunk, ending the 2010 loan and earn-in agreement and shrinking the company's core Alaska land package again.

material agreement termination

Liberty Star lined up a new source of dilutive financing, a facility letting it sell up to $10 million of stock to Fairhills Capital Offshore at a 27.5% discount to the market price whenever it chooses — an equity line of credit rather than a firm commitment.

material agreement

The Sagebrush Gold uranium consolidation fell apart: Liberty Star terminated the letter agreement just four months after signing it, with no further obligations remaining under the deal.

material agreement termination

Liberty Star agreed to combine its uranium properties with Sagebrush Gold's into a new jointly owned company, with Sagebrush advancing $100,000 and receiving 5 million Liberty Star shares and warrants — a bid to consolidate its uranium assets with an outside partner.

material agreement

Raised $1.235 million in two October/November private placements at $0.04-0.043/unit, roughly 3% of the per-share price paid by 2005 investors -- a measure of how much the stock, and the company's fundraising leverage, had deteriorated.

capital raising announcement

Voided the April 2010 share issuance as an error, cancelling and returning the 76.4 million shares to treasury, then granted a much larger option package -- 95.5 million shares at $0.038 -- to directors, officers and employees.

capital raising announcement

Northern Dynasty Minerals rescued Liberty Star from its note default, paying off the defaulted lenders in exchange for 13% of the Big Chunk/Bonanza Hills claim package, $1 million cash and a new $3 million secured loan, with an option to earn 60% of both Alaska projects by spending $10 million over six years — a lifeline that also handed a major stake in the company's core assets to a much larger partner.

material agreement termination

Liberty Star's collateral agent declared the secured notes issued in May 2007, August 2008, May 2009 and August 2009 past due and in default for non-payment, which cross-defaulted every note to every secured lender; they demanded immediate payment of at least $3.5 million. The company said it was talking to new lenders and warned that without fresh financing it would lose all of the assets securing the debt.

debt default or forbearance

Issued 76.4 million shares to directors, officers and employees as compensation -- a large dilutive stock award relative to the company's then share count.

capital raising announcement

Liberty Star again extended the maturity of its stack of convertible notes — now dating from 2007, 2008 and three rounds in 2009 — to February 2011, with holders able to grant two more 180-day extensions after that, showing the company's debt load had grown while its ability to repay it had not improved.

material agreement

Sold $589,177 more 12% secured convertible notes -- this time to five named funds (Alpha Capital Anstalt, Harborview Master Fund, Platinum Partners Long Term Growth VI, Brio Capital and Double U Master Fund) -- with faster, 20%-per-month repayment terms than the May round.

capital raising announcement

Sold another $170,668 of 12% secured convertible notes, and slashed the conversion price on this and the outstanding 2007/2008 note stacks to a fixed $0.005/share or 80% of the recent average price -- a sharp escalation in dilution as financing terms kept worsening.

capital raising announcement

Opened a second, smaller note program -- $414,184 of 12% secured convertible notes to eight subscribers, with monthly cash-or-stock repayments starting February 2009 -- and amended the 2007 8% notes to let those holders also take stock instead of cash, the first sign the company was struggling to service its debt in cash.

capital raising announcement

A third amendment to the 2007 convertible notes extended the same stock-for-cash relief to the July payment, underscoring that Liberty Star still couldn't make its note payments in cash.

material agreement

Liberty Star amended the same 2007 convertible notes a second time, again allowing stock-based payment of the May and June installments at a discounted price — the note holders kept granting relief rather than demanding cash.

material agreement

Liberty Star amended the terms of $3.65 million in convertible notes issued back in May 2007, letting it pay upcoming monthly amounts in stock at a steep discount instead of cash — the first sign of the note-servicing strain that would deepen over the next two years.

material agreement

Millrock Resources took an option to earn up to 60% of Liberty Star's Bonanza Hills gold property in Alaska by spending $3.5 million on exploration over five years — a new gold project alongside the company's core Big Chunk copper play and Arizona uranium ventures.

material agreement

Raised $4.4 million through its first convertible note program -- 8% unsecured notes maturing 2009, convertible at a fixed $0.65/share, plus 6.8 million warrants at $0.75 -- a larger and more debt-like financing than its earlier straight equity placements, with covenants blocking any future variable-price deals while the notes are outstanding.

capital raising announcement

Liberty Star struck a second joint venture, with ASX-listed Xstate Resources over three breccia-pipe targets in Arizona's Mohave County, giving Xstate a path to a 50% interest once it raises AUD$5 million and clears ASX listing requirements.

material agreement

Liberty Star signed its first uranium joint venture, letting Australia's Oriental Crystal earn a 50% stake in 17 of the company's roughly 224 uranium targets by spending $3 million — an early sign of the uranium exploration business that would eventually give the company its current name.

material agreement

Signed a Standby Equity Distribution Agreement letting Cornell Capital Partners buy up to $10 million of stock at a 4% discount to market plus fees, structured so a falling share price forces the company to issue more shares to raise the same cash -- a dilutive financing tool now on tap alongside its private placements.

capital raising announcement

Liberty Star restated its financial statements for fiscal 2005 and following quarters after concluding the 2004 Liberty Star Gold merger should have been booked as an asset purchase at fair value, not a reverse merger/recapitalization as originally reported — an accounting correction to how the founding transaction itself was recorded.

financial restatement

Closed a second, larger private placement -- roughly $5.05 million from a mix of US and offshore investors, plus finder's fees -- again earmarked for Big Chunk development and working capital.

capital raising announcement

Liberty Star's first drill program at Big Chunk — four holes near Northern Dynasty's major Pebble deposit in Alaska — hit low-grade copper, gold and molybdenum in a pattern consistent with the outer edge of a porphyry system, encouraging enough that the company is now targeting the inferred center of the system to the east.

drilling result

Arranged its first outside financing as a public company: a $2 million private placement of units to non-US investors to fund Big Chunk exploration and working capital; also brought in Jon Young of Oracle Capital Advisors as CFO.

capital raising announcement

The Liberty Star Gold merger closed: the company issued 17.5 million shares to Alaska Star Minerals, changed its name to Liberty Star Gold Corp., and installed James Briscoe and Jon Young on the board, completing the reverse takeover announced in January and giving it the Big Chunk mineral claims in Alaska.

asset acquisition disposition

Titanium Intelligence agreed to merge with Liberty Star Gold Corp., the private Alaska-focused mineral explorer led by James Briscoe and Paul Matysek, issuing about 46.6% of its stock to their holding company and renaming itself Liberty Star Gold Corp. — a reverse merger turning the dormant shell into a real mineral explorer built around the Big Chunk claims in Alaska.

business combination

Titanium Intelligence agreed to reverse-merge with James Briscoe and Paul Matysek's Liberty Star Gold Corp, issuing about 17.5 million shares (46.6% of the combined company) to parent Alaska Star Enterprises -- the deal that turned the Nevada shell into Liberty Star and brought in the Big Chunk Alaska copper-gold-moly project.

business combination