One World Announces Private Placement
Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-604-564-2017
www.oneworldlithium.com
ONE WORLD
LITHIUM
NOT FOR DISTRIBUTION TO UNITED STATES BY NEWSWIRE SERVICES OR ANY OTHER
DISSEMINATION IN THE UNITED STATES
ONE WORLD LITHIUM ANNOUNCES PRIVATE PLACEMENT
VANCOUVER, BC – September 25, 2020 - One World Lithium Inc. (OTCQB -OWRDF) (CSE -OWLI) ( the
“Company”) (“OWL”) today is pleased to announce a non-brokered private placement up to 30,000,000 units
(the “Units”) at a price of $0.05 per Unit for gross proceeds of up to $1,500,000 (the “Offering”). All funds are
stated in Canadian dollars.
Each Unit will consist of one common share in the capital of the Company (a “ Common Share”) and one non-
transferable Common Share purchase warrant (a “Warrant”) (collectively the “Securities”). Each warrant will
entitle the holder thereof to acquire one Common Share, at a price of $0.10 per Common Share for a period of
36 months from the closing date of each respective tranche in the Offering. All Securities are subject to a four
month and one day hold period from the respective closing dates and eligible finder fee may be paid in
connection with the Offering.
There are no minimum number of Units or minimum aggregate proceeds required to close the Offering and
the Company may, at its discretion, elect to close the Offering in one or more closings. Management anticipates
that the Company will allocate the net proceeds of the Offering as follows: Salar del Diablo Lithium Property
southern drilling program $ 700,000, possible expansion of the southern drilling program $400,000 and the
balance for working capital.
The Company may pay a finder’s fee on the Offering. Closing of the Offering is subject to a numb er of
conditions, including receipt of all necessary corporate and regulatory approvals. All securities issued in
connection with the Offering will be subject to a statutory hold period of four months plus a day from each
closing of the Offering in accordance with applicable securities legislation.
The closing of subsequent tranches of the Offering may be completed pursuant to Multilateral CSA Notice 45-
313 – Prospectus Exemption for Distributions to Existing Security Holders ( “CSA 45 -313”) and the
corresponding blanket orders and rules implementing CSA 45 -313 in the participating ju risdictions in respect
thereof (collectively with CSA 45 -313, the “Existing Security Holder Exemption ”). As at the date hereof, the
Existing Security Holder Exemption is available in each of the provinces of Canada, with the exception of
Newfoundland and Labrador.
Subject to applicable securities laws, the Company will permit each person or company who, as of September
24, 2020 (being the record date set by the Company pursuant to CSA 45-313), who holds common shares as of
that date to subscribe for the Units that will be distributed pursuant to the Offering, provided that the Existing
Security Holder Exemption is available to such person or company. Qualifying shareholders who wish to
participate in the Offering should contact the Company at the contact information set forth below. In the event
that aggregate subscriptions for Units under the Offering exceed the maximum number of securities to be
distributed, then Units will be sold to qualifying subscribers on a pro rata basis based on the number of Units
subscribed for. Insiders may participate in the Offering.
In addition to the Existing Security Holder Exemption, a portion or all of the Offering may be completed
pursuant to Multilateral CSA Notice 45 -318 – Prospectus Exemption for Certain Distributions through an
Investment Dealer (“CSA 45-318”) and the corresponding blanket orders and rule implementing CSA 45- 318
Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-604-564-2017
www.oneworldlithium.com
ONE WORLD
LITHIUM
in the participating jurisdictions in respect thereof (collectively with CSA 45 -318, the “Investment Dealer
Exemption”). As at the date hereof, the Investment Dealer Exemption is available in each of Alberta, British
Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA 45 -318, each subscriber relying on
the Investment Dealer Exemption must obtain advice regardi ng the suitability of the investment from a
registered investment dealer.
There is no material fact or material change of the Company that has not been disclosed.
In addition to conducting the Offering pursuant to the Existing Security Holder Exemption and the Investment
Dealer Exemption, the Offering will also be conducted pursuant to other available prospectus exemptions.
None of the securities issued in connection with the Offering will be registered under the United States
Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United
States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This
news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there b e any sale
of the securities in any state where such offer, solicitation, or sale would be unlawful.
About One World Lithium Inc.
One World Lithium Inc. is an exploration and development company focused o n lithium in brine projects. It
currently has earned a 60% property interest with an option to acquire a further 30% property interest for a
total of a 90% property interest in the 103,450 hectare (399 square mile) Salar del Diablo lithium brine project
located in the State of Baja California, Mexico.
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
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 OW L, including the intention of OWL to
proceed with the advancement of the Property. 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. Forward looking statements contained in this press release are made as of the date of this press release. OWL disclaims any intent or
obligation to update publically any forward-looking information, whether as a result of new information, future events or results or otherwise, other than
as required by applicable securities laws. 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 anticipated in such statements, important factors that could cause actual results to d iffer materially from the
company’s expectations include: (I) inability of OWL to execute its business pla n and raise the required financing (II) accuracy of mineral or resource
exploration activity (III) continued access to mineral property and (IV) risks and market fluctuations common to the mining industry and lithium sector in
particular. The reader is cau tioned that assumptions used in the preparation of any forward -looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown r isks, uncertainties, and
other factors, some of which are beyond the control of the OWL. The reader is cautioned not to place undue reliance on any forward-looking information
contained in this press release
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.