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 NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
ONE WORLD LITHIUM INC. ANNOUNCES PRIVATE PLACEMENT
VANCOUVER, BC – May 04, 2021 - One World Lithium Inc . (CSE-OWLI) (OTCQB -OWRDF) (the “Company”)
(“OWL”) today announces a non-brokered private placement up to 20,000,000 units (the “Units”) at a price of
$0.10 per Unit for gross proceeds of up to $2,000,000 (the “Offering”). All funds are stated in Canadian dollars.
Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of a non-
transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle
the holder thereof to purchase one Common Share at a price of $0.15 for a period of 36 months from the
closing of the Offering.
There is no minimum number of Units or minimum aggregate proceeds required to close the Offering and the
Company may, at its discret ion, elect to close the Offering in one or more closings. However, there will be a
minimum subscription amount of $5,000. Management anticipates that the Company will allocate the net
proceeds of the Offering as follows: Salar del Diablo Lithium property southern and possible middle portion of
the property drilling program $750,000; initial lab tests, design of and completing engineer design work for a
pilot plant for the Company’s critical fluid separation technology $750,000 and $500,000 for working capital.
The Company may pay a finder’s fee on the Offering. Closing of the Offering is subject to a number of
conditions, including receipt of all nec essary 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 the
closing of the Offering in accordance with applicable securities legislation.
A portion or all 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 jurisdictions 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 May 04,
2021 (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 Ce rtain Distributions through an
Investment Dealer (“CSA 45-318”) and the corresponding blanket orders and rule implementing CSA 45 - 318
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
Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-604-564-2017
www.oneworldlithium.com
ONE WORLD
LITHIUM
the Investment Dealer Exemption must obtain advice rega rding 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 by any sale
of the securities in any state where such offer, solicitation, or sale would be unlawful.
About One World Lithium
One World Lithium Inc. is an exploration company focused on lithium in brine projects and new lithium
separation technologies. OWL has the right to own 100% of the separation technology, subject to a positive
proof of concept program. OWL has earned a 60% property interest in the Salar del Diablo property. On
completing the Phase three drill program, OWL will earn an additional 20% property interest and has an option
to purchase a further 10% 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 1-888-280-8128
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 or advancement of the separation technol ogy. 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 rele ase are made as of the
date of this press release. OWL disclai ms 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 sta tements, important factors
that could cause actual results to differ materially from the company’s expectations include: (I) inability of OWL to execute its business plan 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 and (V) advancement in new separation technologies. The reader is cautioned 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 risks, 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 Se curities Exchange) accepts
responsibility for the adequacy or accuracy of this release.