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Article: Liberty Star Raises Cash to Cover Claim Rental/Assessment Work and Corporate Purposes.
- Article from:
- Biotech Week
- Article date:
- September 16, 2009
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Liberty Star Uranium & Metals Corp. (the "Company") (OTCBB:LBSU) is pleased to announce that a $589,177 financing has been finalized as of August 14, 2009. The latest transaction is a 12% Convertible Note issued by five financial sources familiar with the Company's history (see the SEC 8K filing, 8/20/09 for detailed information) (see also Liberty Star Uranium & Metals Corp.).
These funds will be used to finance airborne geophysics over the porphyry copper-gold claims comprising the Big Chunk Super Project (adjacent to the Pebble porphyry project in the Iliamna mining district of SW Alaska). The geophysical work will satisfy remaining assessment requirements ...