LBSR Liberty Star Uranium & Metals Corp. - 8-K

Item
1.01. Entry into a Material Definitive Agreement.

On
April 17, 2026, Liberty Star Uranium & Metals Corp. (the “Company”) entered into a Securities Purchase Agreement (the
“Securities Purchase Agreement”) with 1800 Diagonal Lending LLC. (“1800 Diagonal”). Pursuant to the terms of
the Securities Purchase Agreement, the Company agreed to issue a convertible promissory note (the “Note”) to 1800 Diagonal
in the aggregate principal amount of $73,700. Effective January 15, 2025, the Company issued the Note to 1800 Diagonal consistent with
the terms of the Securities Purchase Agreement. The Note bears interest at 8%, with a 10% Original Issue Discount and matures on January
15, 2027. Pursuant to the terms of the Note, the outstanding principal and accrued interest on the Note shall be convertible into shares
of the Company’s common stock as set forth therein.

The
foregoing descriptions of the Note and the Securities Purchase Agreement and of all of the parties’ rights and obligations under
the Note and the Securities Purchase Agreement are qualified in its entirety by reference to the Note and the Securities Purchase Agreement,
copies of which are filed as Exhibits 3.81 and 3.82 respectively to this Current Report on Form 8-K, and of which are incorporated herein
by reference.

Item
2.03. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

The
information set forth above in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item
9.01. Financial Statements and Exhibits.

The
exhibits listed in the following Exhibit Index are furnished as part of this Current Report on Form 8-K.

Exhibit
No.

Description

3.81

Convertible Promissory Note issued to 1800 Diagonal Lending LLC dated April 15, 2026.

3.82

Securities Purchase Agreement dated April 15, 2026, between the registrant and 1800 Diagonal Lending LLC.

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