News Release 86 Liberty Star Uranium & Metals Corp.

December 1, 2009 LBSR:OTCBB　 LBV: Frankfurt

Liberty Star Raises Cash to Cover Alaska Claim Rental

Tucson, Arizona – December 1, 2009 – Liberty Star Uranium & Metals Corp. (the “Company” LBSR: OTCBB) is pleased to announce that as of November 27, 2009 the Secured Convertible Promissory Notes issued August 14, 2009 were increased in aggregate by the total of $206,212. Other aspects of the August 14, 2009 notes remain unchanged. (see the SEC 8K filing, December 1, 2009　for detailed information).

These funds have been used to finalize Alaska State mining claim rental fees and other associated costs for the porphyry copper-gold-moly claims comprising the　Big Chunk Super Project　(adjacent to the Pebble porphyry project in the Iliamna mining district of SW Alaska), and our gold exploration Bonanza Hills Project about 60 miles north east.