NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 135,300,400 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-001
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, ALPHA CAPITAL ANSTALT,
Pradafant 7, 9490 Furstentums, Vaduz, Lichtenstein, Fax:
011-42-32323196, or its assigns (the “Holder”), is
entitled, subject to the terms set forth below, to purchase from
the Company at any time after the Issue Date until 5:00 p.m., E.S.T
on the sixth anniversary of the Issue Date (the “Expiration
Date”), up to 135,300,400 fully paid and nonassessable shares
of Common Stock at a per share purchase price of $0.005. The
aforedescribed purchase price per share, as adjusted from time to
time as herein provided, is referred to herein as the
“Purchase Price." The number and character of such shares of
Common Stock and the Purchase Price are subject to adjustment as
provided herein. The Company may reduce the Purchase Price for some
or all of the Warrants, temporarily or permanently, provided such
reduction is made as to all outstanding Warrants for all Holders of
such Warrants. Capitalized terms used and not otherwise defined
herein shall have the meanings set forth in that certain
Subscription Agreement (the “ Subscription Agreement
”), dated as of August ____, 2009, entered into by the
Company and the Holder. The Company may reduce the Purchase Price
for some or all of the Warrants issued under the Subscription
Agreement, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a) The
term “Company” shall mean Liberty Star Uranium &
Metals Corp., a Nevada corporation, and any corporation which shall
succeed or assume the obligations of Liberty Star Uranium &
Metals Corp. hereunder.
(b)
The term “Common Stock” includes (i) the Company's
Common Stock, $0.001 par value per share, as authorized on the date
of the Subscription Agreement, and (ii) any other securities into
which or for which any of the securities described in (i) may be
converted or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 30,738,800 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-002
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, HARBORVIEW MASTER FUND L.P.,
Harbor House, 2 nd Floor, Waterfront Drive, Road Town,
Tortola, BVI, Fax: (284) 494--4771, or its assigns (the
“Holder”), is entitled, subject to the terms set forth
below, to purchase from the Company at any time after the Issue
Date until 5:00 p.m., E.S.T on the sixth anniversary of the Issue
Date (the “Expiration Date”), up to 30,738,800 fully
paid and nonassessable shares of Common Stock at a per share
purchase price of $0.005. The aforedescribed purchase price per
share, as adjusted from time to time as herein provided, is
referred to herein as the “Purchase Price." The number and
character of such shares of Common Stock and the Purchase Price are
subject to adjustment as provided herein. The Company may reduce
the Purchase Price for some or all of the Warrants, temporarily or
permanently, provided such reduction is made as to all outstanding
Warrants for all Holders of such Warrants. Capitalized terms used
and not otherwise defined herein shall have the meanings set forth
in that certain Subscription Agreement (the “ Subscription
Agreement ”), dated as of August ____, 2009, entered into
by the Company and the Holder. The Company may reduce the Purchase
Price for some or all of the Warrants issued under the Subscription
Agreement, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a) The
term “Company” shall mean Liberty Star Uranium &
Metals Corp., a Nevada corporation, and any corporation which shall
succeed or assume the obligations of Liberty Star Uranium &
Metals Corp. hereunder.
(b)
The term “Common Stock” includes (i) the Company's
Common Stock, $0.001 par value per share, as authorized on the date
of the Subscription Agreement, and (ii) any other securities into
which or for which any of the securities described in (i) may be
converted or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 50,446,400 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-003
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, PLATINUM PARTNERS LONG TERM
GROWTH VI, 152 West 57 th Street, New York, NY 10019, or
its assigns (the “Holder”), is entitled, subject to the
terms set forth below, to purchase from the Company at any time
after the Issue Date until 5:00 p.m., E.S.T on the sixth
anniversary of the Issue Date (the “Expiration Date”),
up to 50,446,400 fully paid and nonassessable shares of Common
Stock at a per share purchase price of $0.005. The aforedescribed
purchase price per share, as adjusted from time to time as herein
provided, is referred to herein as the “Purchase Price." The
number and character of such shares of Common Stock and the
Purchase Price are subject to adjustment as provided herein. The
Company may reduce the Purchase Price for some or all of the
Warrants, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants. Capitalized terms used and not otherwise defined herein
shall have the meanings set forth in that certain Subscription
Agreement (the “ Subscription Agreement ”),
dated as of August ____, 2009, entered into by the Company and the
Holder. The Company may reduce the Purchase Price for some or all
of the Warrants issued under the Subscription Agreement,
temporarily or permanently, provided such reduction is made as to
all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a)
The term “Company” shall mean Liberty Star Uranium
& Metals Corp., a Nevada corporation, and any corporation which
shall succeed or assume the obligations of Liberty Star Uranium
& Metals Corp. hereunder.
(b) The
term “Common Stock” includes (i) the Company's Common
Stock, $0.001 par value per share, as authorized on the date of the
Subscription Agreement, and (ii) any other securities into which or
for which any of the securities described in (i) may be converted
or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 8,742,800 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-004
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, BRIO CAPITAL LP, 401 East 34
th Street, Suite South 33C, New York, NY 10016, Fax:
(646) 390-2158, or its assigns (the “Holder”), is
entitled, subject to the terms set forth below, to purchase from
the Company at any time after the Issue Date until 5:00 p.m., E.S.T
on the sixth anniversary of the Issue Date (the “Expiration
Date”), up to 8,742,800 fully paid and nonassessable shares
of Common Stock at a per share purchase price of $0.005. The
aforedescribed purchase price per share, as adjusted from time to
time as herein provided, is referred to herein as the
“Purchase Price." The number and character of such shares of
Common Stock and the Purchase Price are subject to adjustment as
provided herein. The Company may reduce the Purchase Price for some
or all of the Warrants, temporarily or permanently, provided such
reduction is made as to all outstanding Warrants for all Holders of
such Warrants. Capitalized terms used and not otherwise defined
herein shall have the meanings set forth in that certain
Subscription Agreement (the “ Subscription Agreement
”), dated as of August ____, 2009, entered into by the
Company and the Holder. The Company may reduce the Purchase Price
for some or all of the Warrants issued under the Subscription
Agreement, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a) The
term “Company” shall mean Liberty Star Uranium &
Metals Corp., a Nevada corporation, and any corporation which shall
succeed or assume the obligations of Liberty Star Uranium &
Metals Corp. hereunder.
(b) The
term “Common Stock” includes (i) the Company's Common
Stock, $0.001 par value per share, as authorized on the date of the
Subscription Agreement, and (ii) any other securities into which or
for which any of the securities described in (i) may be converted
or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 10,442,400 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-005
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, DOUBLE U MASTER FUND L.P.,
Harbor House, 2 nd Floor, Waterfront Drive, Road Town,
Tortola, BVI, Fax: (284) 494-4771, or its assigns (the
“Holder”), is entitled, subject to the terms set forth
below, to purchase from the Company at any time after the Issue
Date until 5:00 p.m., E.S.T on the sixth anniversary of the Issue
Date (the “Expiration Date”), up to 10,442,400 fully
paid and nonassessable shares of Common Stock at a per share
purchase price of $0.005. The aforedescribed purchase price per
share, as adjusted from time to time as herein provided, is
referred to herein as the “Purchase Price." The number and
character of such shares of Common Stock and the Purchase Price are
subject to adjustment as provided herein. The Company may reduce
the Purchase Price for some or all of the Warrants, temporarily or
permanently, provided such reduction is made as to all outstanding
Warrants for all Holders of such Warrants. Capitalized terms used
and not otherwise defined herein shall have the meanings set forth
in that certain Subscription Agreement (the “ Subscription
Agreement ”), dated as of August ____, 2009, entered into
by the Company and the Holder. The Company may reduce the Purchase
Price for some or all of the Warrants issued under the Subscription
Agreement, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a)
The term “Company” shall mean Liberty Star Uranium
& Metals Corp., a Nevada corporation, and any corporation which
shall succeed or assume the obligations of Liberty Star Uranium
& Metals Corp. hereunder.
(b)
The term “Common Stock” includes (i) the Company's
Common Stock, $0.001 par value per share, as authorized on the date
of the Subscription Agreement, and (ii) any other securities into
which or for which any of the securities described in (i) may be
converted or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS
CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE –OR-EXERCISABLE] HAVE BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES
LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED
OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION
STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR (B) AN OPINION OF COUNSEL (WHICH COUNSEL SHALL BE
SELECTED BY THE HOLDER), IN A GENERALLY ACCEPTABLE FORM, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING
THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT
SECURED BY THE SECURITIES .
Right
to Purchase 10,329,200 shares of Common Stock of Liberty Star
Uranium & Metals Corp. (subject to adjustment as provided
herein)
CLASS A COMMON STOCK PURCHASE
WARRANT
|
No.
2009-A-006
|
Issue Date: August 14,
2009
|
LIBERTY
STAR URANIUM & METALS CORP., a corporation organized under the
laws of the State of Nevada (the “Company”), hereby
certifies that, for value received, IROQUOIS MASTER FUND LTD., c/o
Iroquois Capital Management, LLC, 641 Lexington Avenue, 26
th Floor, New York, NY 10022, Fax: (212) 207-3452, or
its assigns (the “Holder”), is entitled, subject to the
terms set forth below, to purchase from the Company at any time
after the Issue Date until 5:00 p.m., E.S.T on the sixth
anniversary of the Issue Date (the “Expiration Date”),
up to 10,329,200 fully paid and nonassessable shares of Common
Stock at a per share purchase price of $0.005. The aforedescribed
purchase price per share, as adjusted from time to time as herein
provided, is referred to herein as the “Purchase Price." The
number and character of such shares of Common Stock and the
Purchase Price are subject to adjustment as provided herein. The
Company may reduce the Purchase Price for some or all of the
Warrants, temporarily or permanently, provided such reduction is
made as to all outstanding Warrants for all Holders of such
Warrants. Capitalized terms used and not otherwise defined herein
shall have the meanings set forth in that certain Subscription
Agreement (the “ Subscription Agreement ”),
dated as of August ____, 2009, entered into by the Company and the
Holder. The Company may reduce the Purchase Price for some or all
of the Warrants issued under the Subscription Agreement,
temporarily or permanently, provided such reduction is made as to
all outstanding Warrants for all Holders of such
Warrants.
As
used herein the following terms, unless the context otherwise
requires, have the following respective meanings:
(a) The
term “Company” shall mean Liberty Star Uranium &
Metals Corp., a Nevada corporation, and any corporation which shall
succeed or assume the obligations of Liberty Star Uranium &
Metals Corp. hereunder.
(b) The
term “Common Stock” includes (i) the Company's Common
Stock, $0.001 par value per share, as authorized on the date of the
Subscription Agreement, and (ii) any other securities into which or
for which any of the securities described in (i) may be converted
or exchanged pursuant to a plan of recapitalization,
reorganization, merger, sale of assets or otherwise.
(c) The
term “Other Securities” refers to any stock (other than
Common Stock) and other securities of the Company or any other
person (corporate or otherwise) which the holder of the Warrant at
any time shall be entitled to receive, or shall have received, on
the exercise of the Warrant, in lieu of or in addition to Common
Stock, or which at any time shall be issuable or shall have been
issued in exchange for or in replacement of Common Stock or Other
Securities pursuant to Section 4 or otherwise.
(d)
The term “Warrant Shares” shall mean the Common Stock
issuable upon exercise of this Warrant.
1.
Exercise of Warrant .
1.1.
Number of Shares Issuable upon Exercise . From and after the
Issue Date through and including the Expiration Date, the Holder
hereof shall be entitled to receive, upon exercise of this Warrant
in whole in accordance with the terms of subsection 1.2 or upon
exercise of this Warrant in part in accordance with subsection 1.3,
shares of Common Stock of the Company, subject to adjustment
pursuant to Section 4.
1.2.
Full Exercise . This Warrant may be exercised in full by the
Holder hereof by delivery of an original or facsimile copy of the
form of subscription attached as Exhibit A hereto (the
“Subscription Form”) duly executed by such Holder and
delivery within two days thereafter of payment, in cash, wire
transfer or by certified or official bank check payable to the
order of the Company, in the amount obtained by multiplying the
number of shares of Common Stock for which this Warrant is then
exercisable by the Purchase Price then in effect. The original
Warrant is not required to be surrendered to the Company until it
has been fully exercised.
1.3.
Partial Exercise . This Warrant may be exercised in part
(but not for a fractional share) by delivery of a Subscription Form
in the manner and at the place provided in