VANCOUVER, BC – April 4, 2025 – TheNewswire - One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company” or “OWL”) today announces a Term Loan Offering (the “Loan”) of up to $500,000. The Loan will be unsecured and will bear interest of 8% per annum. The term of the Loan will be twelve (12) months from the closing of the Loan or five (5)  business days following a written notice of the Company that the Company has raised a minimum of one million dollars through an equity or debt financing.

As an inducement for the Loan the Company will issue common shares of the Company to each Lender (an aggregate of 3,333,333 common shares) (the “Loan Bonus Shares”) or share purchase warrants to each Lender (an aggregate of 16,666,667 share purchase warrants) (the “Loan Bonus Warrants”) or a combination of 50% of the Loan Bonus Shares and 50% of the Loan Bonus Warrants. Each share purchase warrant will entitle the holder to purchase one common share of the Company at an exercise price of C$0.05 for a period of twenty-four (24) months from the closing of the Loan.

There is no minimum aggregate amount to close the Loan and the Company may, at its discretion, elect to close the Loan in one or more closings. Management anticipates that the Company will allocate the net proceeds from the Loan towards further research and development of the Company’s Direct Lithium Carbonation Extraction (“DLCE”) Technology and working capital.

The Company may pay a finder’s fee in connection with the Loan. Closing of the Loan is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. All securities issued in connection with the Loan will be subject to a statutory hold period of four months plus a day from the closing of the Loan in accordance with applicable securities legislation.

None of the securities issued in connection with the Loan 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. remains focused on properties of merit that may contain lithium. The Company is also focused on the commercial application of its Direct Lithium Carbonation Extraction Technology for natural brine and for slurries made from clay, pegmatite, volcanic rock and sediment. The Company intends to license or joint venture its technologies 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 info@oneworldlithium.com        

or call 604-564-2017

 

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 ability for OWL to raise any funding from the Loan, (II) the ability of  OWL to further develop the Company’s DLCE Technology, and (II) OWL’s ability to commercialize its DLCE 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 anticipated in such statements, important factors that could cause actual results to differ materially from the company’s expectations include: (I)) the inability of OWL to commercialize its DLCE Technology (II) OWL’s inability to execute its business plan and raise any required financing, (III) risks and market fluctuations common to the mining industry and the lithium sector in particular, and (IV) advancements in other new direct  lithium extraction 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 Securities Exchange) accepts responsibility for the adequacy or accuracy of this release

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES