Under the Amendment, the term of the Warrants will be extended by an additional twenty-four months (24) to
Continuation of Non-Brokered Private Placement
The Company also announces further to its news release dated
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
About
Contact:
President and Chief Executive Officer
Tel: 1-888-280-8128
Email: info@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) OWL's ability to raise any additional funds from its Offering, (II) the ability of the OWL to further its R&D, to change the lithium extraction industry, and (III) OWL's abilities to commercialize its Direct Lithium Extraction ('DLE') 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) inability of OWL to commercialize its DLE 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 lithium sector in particular, and (IV) 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 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.
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