Item 1.01. Entry into a Material Definitive Agreement.

As of April 10, 2019, Liberty Star Uranium & Metals Corp. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with Power Up Lending Group Ltd. (“Power Up”). Pursuant to the terms of the Securities Purchase Agreement, the Company agreed to issue a convertible promissory note (the “Note”) to Power Up in the aggregate principal amount of $53,000. Effective April 10, 2019 the Company issued the Note to Power Up, consistent with the terms of the Securities Purchase Agreement. The Note bears interest at 8% and matures on February 28, 2020. 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.

https://www.sec.gov/Archives/edgar/data/1172178/000149315219005460/form8-k.htm