One World Announces Change of Auditor & Grants Stock Options
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
ONE WORLD LITHIUM ANNOUNCES
CHANGE OF AUDITORS AND STOCK OPTION GRANTS
VANCOUVER, BC – March 24, 2023 - One World Lithium Inc. (CSE-OWLI) (OTC:QB-
OWRDF) (the “Company” or “OWL”) announces that effective March 22, 2023,
Fernandez Young LLP, Chartered Professional Accountant have been
appointed as the Company’s auditors until the next annual general meeting
of the Company. Fernandez Young LLP replaces BDO Canada LLP as the
Company’s auditors.
Stock Option Grant s
The Company also announces that is has granted incentive stock options to certain
of its directors, officers, management and consultants of the Company to purchase
up to an aggregate of 5,100,000 common shares of the Company (the “Options”).
The Options ar e exercisable on or before March 24, 2025, at a price $0. 06 per
common share, being the closing price of the Company’s common shares on the
Canadian Stock Exchange on March 24, 2023. All Options are fully vested and were
granted in accordance with the Company’s Stock Option Plan.
About One World Lithium Inc.
One World Lithium Inc. remains focused on properties of merit that may contain
lithium carbonate in a brine. The Company is also focused on commercial
application of the DOE’s separation technology. OWL intends to license or joint
venture its technology to current and future lithium carbonate producers. For more
information, visit: https://oneworldlithium.com.
On behalf of the Board of Directors of One World Lithium Inc.
“Douglas Fulcher”
President and Chief Executive Officer
For further information please visit www.oneworldlithium.com or email
[email protected] or call 1-604-564-2017 Extension-3.
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
Forward-Looking Information: This press release may include forward looking information within
the meaning of Canadian securities legislation. Forward -looking information is based on certain
key expectations and assumptions made by the management of the OWL, including, but not
limited to: (I) the entry into of a Definitive Agreement with MatterGreen LLC (“MG”) and timing
thereof, (II) the ability of the OWL Division al Patent Applications, following the Assignment and
further R&D, to change the lithium extraction industry, and (III) OWL’s and M G’s collective
abilities to commercialize the OWL Divisional Patent Applications technology. Although OWL
believes that the expectations and assumptions on which such forward looking information is
based are reasonable, undue reliance should not be placed on the forward-looking information
because OWL can give no assurance that they will prove to be correct. There can be no assurance
that such statements will prove to be accurate and actual results and future events could differ
materially from the those an ticipated in such statements, important factors that could cause
actual results to differ materially from the company’s expectations include: ( I) inability of OWL
and MG to agree upon the essential terms for the Assignment and, as a result, the Definitive
Agreement, (II) the inability of OWL and MG to commercialize the OWL Divisional Technologies;
and (III) OWL’s inability to execute its business plan and raise any required financing, (IV) risks
and market fluctuations common to the mining industry and lith ium sector in particular, and (V)
advancements in other new separation technologies. The ongoing COVID -19 pandemic, labour
shortages, inflationary pressures, rising interest rates, the global financial climate and the conflict
in Ukraine and surrounding re gions are some additional factors that are affecting current
economic conditions and increasing economic uncertainty, which may impact the Company’s
operating performance, financial position, and future prospects. Collectively, the potential
impacts of thi s economic environment pose risks that are currently indescribable and
immeasurable. No assurance can be given that any of the events anticipated by the forward -
looking statements will occur or, if they do occur, what benefits the Company will obtain from
them. The Company does not undertake any obligation to update such forward‐looking
information whether because of new information, future events or otherwise, except as expressly
required by applicable law.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy
of this release.