Liberty Star Uranium and Metals Corp (LBSR)

[PURA VIDA]

Who knows for certain exactly what the dollar amounts are and what prices the puts were given. We do know that as of July 15th, there should not have been more than 1 Billion 250 Million shares O/S but since that time, there are now 1 Billion 333 Million shares in the O/S. That is an 83 Million share increase. So, just for sake of guessing, let's say on average those shares went out of the LBSR printing press at .0017 (could be lower depending upon number of puts issued thus far) That would net LBSR 141,100 dollars. That number minus the overhead burn, might get close to paying claims fees......not really sure.