Liberty Star Uranium & Metals Corp.

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: 8K

Thanks. I'd ask my brother the attorney in NY state, but he'd probably bill me for looking at it!

8% is not a bad loan rate and, really going into amateur conjecture here, it could very well be that the lender could have actually been intrigued by the warrant-like option in the loan; namely that they could possiby make 1000% on their loan if LBSR S/P went up. And I would think that Mr. Gross, in the process of negotiating the loan, would have shown Powerup the potential for LBSR.

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