MOMOSTOCKS

[Pennybuster]

Form 8-K for LIBERTY STAR URANIUM & METALS CORP.

29-Dec-2011

Unregistered Sale of Equity Securities


Item 3.02 Unregistered Sales of Equity Securities.

On December 13, 2011, we sold 5,800,000 units at a price of $0.0264 per unit to three investors for gross proceeds of $153,120. Each unit consisted of one common share of our company and one non-transferable share purchase warrant. Each share purchase warrant entitles the investor to purchase one additional common share of our company at a price of $0.03696 until December 13, 2014. The investors are U.S. Persons and are accredited investors and in issuing securities to the investors we relied on the exemption from the registration requirements of the Securities Act of 1933 provided by Rule 506 of Regulation D promulgated thereunder.