Recent Updates — LBSR

The Board of Directors unanimously awarded 11,750,000 non-qualified stock options to the Chairman, other directors, officers, and managers. The grants include 1,500,000 options each for directors and the CFO/interim CEO, 500,000 for the VP Field Manager, and 250,000 for the IR Manager. Options vest one-third upon issuance and annually thereafter over two years. The Chairman receives an additional 3,500,000 options tied to milestones such as definitive agreements or financing. Exercise price is set at $0.02 based on the closing OTCQB price on the grant date. The company plans to seek shareholder approval for a new 25,000,000-share equity incentive plan within twelve months. Liberty Star Uranium & Metals Corp. operates in the uranium and metals mining sector.

The Board of Directors unanimously voted to extend the expiration date of all outstanding warrants issued by Liberty Star Uranium & Metals Corp. that expired or were scheduled to expire during 2026. The extension adds a three-year term to these instruments, while all other terms remain unchanged. This adjustment accounts for the company's reverse stock split effective February 25, 2021, which previously adjusted warrant prices and share counts equivalently. Liberty Star Uranium & Metals Corp. operates in the uranium mining industry.

Liberty Star Uranium & Metals Corp. entered into a Securities Purchase Agreement with Monroe Street Capital Partners LP on September 21, 2026, and issued a convertible promissory note effective September 24, 2026. The Note carries a principal amount of $95,700, which includes a 10% original issue discount, bears interest at 8%, and matures one year from the agreement date. The outstanding principal and accrued interest are convertible into shares of common stock as defined in the agreement. This transaction represents a significant new financing arrangement for the company. Liberty Star Uranium & Metals Corp. operates in the uranium mining industry.

Liberty Star Uranium & Metals Corp. entered into a Securities Purchase Agreement with 1800 Diagonal Lending LLC on August 11, 2026, to issue a convertible promissory note with an aggregate principal amount of $73,700. The note was issued effective August 12, 2026, bears interest at 8%, includes a 10% original issue discount, and matures on May 30, 2027. Outstanding principal and accrued interest are convertible into shares of the company's common stock. This transaction represents new debt financing for the company, which operates in the uranium mining industry.