Liberty Star Uranium and Metals Corp (LBSR)

[moondoggy]

The float is an estimate based on insider holdings. As of right now, only the outstanding shares are public information.

As per http://www.libertystaruranium.com/www/investors/share-structure

Share Structure

Quantities updated quarterly. The below figures do not reflect activity between reporting periods.

Capitalization as of January 31, 2010

Authorized Shares 1,250,000,000

Outstanding Issued Shares as of 1/31/2010 433,427,556

Restricted Shares 112,777,017

Public Float (ESTIMATE) 320,650,539

Then...

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7247553

Item 3.02

Unregistered Sales of Equity Securities

On April 23, 2010, we issued an aggregate of 76,400,000 shares of our common stock to certain of our directors, officers and employees of our company for compensation. One of our directors and officers is not a “US person” as such term is defined in Regulation S and in issuing 6,000,000 of these shares to our non US director and officer, we relied on the registration exemption provided by Section 3(a)(9) of the Securities Act of 1933, as amended, and/or Regulation S, promulgated thereunder. In issuing 70,400,000 of the shares, we relied on the exemption from the registration requirements of the Securities Act of 1933, as amended (the “Act”), provided by Section 4(2) of the Act and/or by Rule 506 of Regulation D promulgated thereunder.

433,427,556 + 76,400,000 = 509,827,556 shares of common stock.
511,184,657 as per TA - 509,827,556 = a discrepancy of 1,357,101

The actual public float should be closer to what was stated in January, 320,650,539. I will correct Ibox.