Liberty Star Uranium and Metals Corp (LBSR)

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With regards to an open book, refer here.

"for purposes of the joint venture, Liberty Star shall make its books and records open to review by Northern Dynasty and Northern Dynasty may review such facts in connection with Liberty Star’s business, properties and legal and financial status as Northern Dynasty may reasonably request to ensure compliance with the representations of Liberty Star and terms hereof;"

Northern Dynasty will look at everything, including all claims, and all matters concerning Liberty Star Uranium. This is at their discretion.

There are about 45 days left to come to a joint venture agreement.

"Notwithstanding any other provision in this agreement, if Northern Dynasty and Liberty Star are unable to agree the form of joint venture after 60 days from Closing then the Loan may be called by Northern Dynasty at any time and shall be due 45 days after being called ."

You should assume that there are others hoping to repurchase the debt immediately if such would apply. You should be tempered with any exit of a position held due to the time frame. This is very similar to the time frame issued at the time of the default notification. I was able to increase a position at the original buy in due to the ignorance of a few that misunderstood the default. It narrowed the fruition.

Good luck.