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This Company’s Critical Fluid Lithium Separation Technology Will be an Industry Game-changer

Jocelyn Aspa Jocelyn Aspa, The Market Herald
1 Comment| July 23, 2021

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Mexico is gearing up to become the dominant supplier of lithium carbonate in Central America. The increase in the price of lithium carbonate and hydroxide is driven by increasing demand for lithium-ion batteries for both electric vehicle and other mobile devices.

Within Mexico is the Salar del Diablo, which is one of the larger salars to be drilled this year. The salar sites are located in the State of Baja California, Mexico and 35 kilometers from the town of San Felipe The property spans 103,450-hectares or 400 square miles and has the potential for a lithium brine discovery, not unlike deposits found in Argentina and Chile.

Vancouver, BC-based exploration and development company One World Lithium Inc. (CSE:OWLI, OCTQB:OWRDF) has the right to earn and purchase a 90 per cent working interest in the Salar del Diablo project with a mission to drill the salar and becoming a low-cost producer with a long term supply contract of 30 or more years.

Additionally, One World Lithium is involved in three different sectors within the lithium industry, including:

  • Drilling the 103,450-hectare Salar del Diablo lithium-brine project, with a key Borehole expected to start in July and a planned total depth of 600 metres. After drilling the keyhole, this will give the company an 80 per cent interest in the project
  • The company owns 100 per cent interest in a critical fluid lithium separation technology, which will be tested on its proof-of-concept program in August, which has the potential to be an industry game-changer. Upon its success, engineering and design for a pilot plant will be completed before the end of 2021
  • One World Lithium has a potential partnership lined up to acquire a significant lithium carbonate deposit with drill indicated resource of 2 million metric tons of lithium carbonate in 2021


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One World Lithium is backed by a successful management and consultant team, including: Doug Fulcher, CEO, who has been accredited with a large discovery of the Ajax mine; John Hamilton, CFO, with 40 years of administrative and audit experience; Mike Rosco, operator of the Salar del Diablo drilling programs. Rosco is partner of Montgomery & Associates which is accredited with discovering several deposits in South America; Tim Brock, consultant, who has sponsored several companies trading between $7 and $27 per share.

When it comes to the lithium market, now is the time to invest. With demand expected to increase by 300 per cent by 2026, lithium carbonate prices are also expected to rise by 300 per cent to US$30,000 per metric ton.

Vehicle manufacturers are spending over $360 billion on new production lines to build electric and hybrid vehicles, which means companies like One World Lithium are rising to meet this growing demand.

Why invest?

One World Lithium is strategically positioned with large interests in both lithium brine prospects and lithium separation technologies.


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Here’s the Deal

Subject to Canadian Securities Exchange ("CSE") approval, One World Lithium Inc. will raise up to $2,025,000 through a non-brokered private placement. The financing will consist of a combination of up to 27,000,000 units at $0.075 per unit. There is no minimum number of units or minimum aggregate proceeds required to close the offering. The company may at any time elect to close the offering in one or more closings. There will be a minimum subscription amount of $5,000. The company will use the net proceeds of the offering as follows: Salar Del Diablo lithium property and possible mid-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 working capital for $525,000.

Each unit will consist of one common share of the company (a “Common Share”) and one 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 $0.12 for a period of 36 months from the closing of the Offering.

Highlights

  • Up to 27,000,000 units at a price of C$0.075 per unit

  • Gross proceeds of up to $2,025,000

  • The Common Shares will be listed on the Canadian Securities Exchange under the symbol “OWLI”

  • One World Lithium’s DealRoom financing provides access to a company with a potentially game-changing critical fluid lithium separation technology, an experienced management team, and…at a very attractive valuation.

The Stockhouse DealRoom: your destination to participate in exclusive financings, featuring some of the most innovative companies and best deals currently available on the market.

To sign up below and to receive materials related to participating in the current financing, click here:
View the One World Lithium Inc. DealRoom Private Placement here for full details on its current financing opportunity.

FULL DISCLOSURE: One World Lithium Inc. is a paid client of Stockhouse Publishing Ltd. (Stockhouse). Stockhouse is not registered as a broker, dealer, exempt market dealer, or any other registrant in any securities regulatory jurisdiction and will not be performing any registerable activity as defined by the applicable regulatory bodies. This deal room is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Offers to sell, or the solicitations of offers to buy, any security can only be made through official offering documents that contain important information about risks, fees, and expenses. The information contained in this deal room is selective and does not purport to contain all the information relating to One World Lithium Inc. In all cases, parties should conduct their own investigation and due diligence, not rely solely on the data provided herein and are encouraged to consult with a financial adviser, lawyer, accountant, and any other professional that can help to understand and assess the risks associated with any investment opportunity.

FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.




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Comments

It would be nice to hear some news on the drilling!
(0)
August 13, 2021

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