One World Lithium launches $900K private placement to fund extraction tech
One World Lithium Inc. (CSE:OWLI) has announced a revised non-brokered private placement. The company will offer up to 20,000,000 units at $0.045 each, aiming to raise as much as $900,000. Doug Fulcher, the firm’s President and CEO, leads the initiative as part of its broader financial strategy. The updated Offering sets each unit at $0.045, with a cap of 20,000,000 units available. Investors should note that the deal remains subject to corporate and regulatory approvals before proceeding.
One World Lithium specialises in developing proprietary lithium extraction methods. Their focus lies in lower-impact, scalable production from brines and clay slurries. Alongside this, the company is actively pursuing strategic partnerships to bring its technologies to market.
Details on how the funds will be used will appear in a later news release. The Canadian Securities Exchange and its Market Regulator have clarified they take no responsibility for the accuracy or completeness of this announcement. Additionally, the information is not intended for distribution to U.S. news services or for dissemination within the United States.
The company has also highlighted that forward-looking statements carry inherent risks. Market conditions, regulatory changes, or operational challenges could lead to outcomes differing from current projections. The revised Offering reflects One World Lithium’s push to secure funding for its lithium extraction projects. Once approved, the $900,000 target will support ongoing development and commercialisation efforts. Further updates on the use of proceeds are expected in due course.
