Liberty Star Uranium & Metals Corp.

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Message: A question for anyone who knows, including the co.

"At what point in time, if any, do PP shares show up/get reflected in volume?"

They don't. Volume figures come from open market transactions, not private placements.

"At what point do PP shares impact add tothe number outstanding?"

As soon as they are issued, though market reaction, if any, will be delayed.

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