Liberty Star Uranium & Metals Corp 8-K, filed Feb 19, 2021
Liberty Star Uranium & Metals Corp. (LBSR)
About this 8-K
Liberty Star Uranium & Metals Corp filed this 8-K on February 19, 2021, reporting on events of February 16, 2021.
Items reported
- Item 1.01: Entered into a material agreement
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,DC 20549
FORM8-K
CURRENTREPORT PURSUANT TO
SECTION13 OR 15(d) OF THE
SECURITIESEXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 16, 2021
LibertyStar Uranium & Metals Corp.
(Exact Name of Registrant as Specified in its Charter)
Nevada
(State or Other Jurisdiction of Incorporation)
| 000-50071 | 90-0175540 |
|---|---|
| (Commission | (IRS<br> Employer |
| File<br> Number) | Identification<br> No.) |
| 2 East Congress St. Ste 900, Tucson, AZ | 85701 |
| --- | --- |
| (Address<br> of Principal Executive Offices) | (Zip<br> Code) |
(Registrant’s telephone number, including area code): (520) 425-1433
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.)
| [ ] | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securitiesregistered pursuant to Section 12(b) of the Act:
| Title<br> of each class | Trading<br> Symbol(s) | Name<br> of each exchange on which registered |
|---|---|---|
| Common<br> Stock | LBSR | OTC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
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 1.01 Entry into a Material Definitive Agreement
On February 16, 2021, the Company received loan proceeds of $32,497 under the SBA’s second Paycheck Protection Program (“PPP”). The 2^nd^ PPP loan, funded February 16, 2021 bears interest at 1% and is due in monthly installments of $763.43 beginning July 19, 2022. Under the SBA loan terms, the Company may apply (and plans to apply) for full loan forgiveness.
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:<br> February 18, 2021 | /s/ Patricia Madaris |
| Patricia<br> Madaris, VP Finance & CFO |