OWL Announces First Tranche Closing
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
ONE WORLD LITHIUM INC. ANNOUNCES
FIRST TRANCHE CLOSING OF PRIVATE PLACEMENT
VANCOUVER, BC – September 14, 2023 - One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF)
(the “Company” or “OWL”) announces that is has closed a first tranche of its non-brokered
private placement up to 15,000,000 units (each, a “Unit”) of the Company at a price of $0.05 per
Unit for gross proceeds of up to $750,000 that may close in one or more tranches. (the
“Offering”). Each Unit will consist of one common share of the Company (each, a “ Common
Share”) and one non -transferable Common Share purchase warrant (each, a “ Warrant”). Each
Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.08 for a
period of 36 months from the closing of the Offering. All funds are stated in Canadian dollars.
On the first tranche closing the Company issued 2,496,000 Units for gross proceeds of $124,800.
The net proceeds are intended to be used primarily for funding working capital.
There is 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.
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 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 September 6, 2023 (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 s et 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
Suite 615-800 West Pender Street, Vancouver, B.C. Canada V6C 2V6 | Telephone 1-604-564-2017
www.oneworldlithium.com
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 the
Investment Dealer Exemption must obtain advice regarding 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 generally
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.
Doug Fulcher, President and CEO noted “Our Company remains focused on its negotiations with
MatterGreen LLC to complete the Assignment of two separate divisional patent applications for
Lithium Carbonation that is a lithium extraction technology using an advanced carbon dioxide
injection process.”
About One World Lithium
One World Lithium Inc. remains focused on properties of merit that may contain lithium in brine.
The Company is also focused on commercial application of its 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 1-888-280-8128
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 OW L, including , but not limited to: (I) OWL’s ability to raise any additional funds
from its Offerring , (II) the entry into of the Definitive Agreement and timing thereof, (II I) the ability of the OWL
Divisions, following the Assignment and further R&D, to change the lithium extraction industry, and (III) OWL’s and
MG’s collective abilities to commercialize the OWL Divisionals 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 th at 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 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 Provisions; and (III) OWL’s inability to execute its business pl an and raise any required
financing, (IV) risks and market fluctuations common to the mining industry and lithium sector in particular, and (V)
advancements in other 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 unk nown risks, uncertainties,
and other factors, some of which a re 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.