(TheNewswire)
Vancouver,BC -TheNewswire - November 16, 2023 - OneWorldLithiumInc.(CSE:OWLI)(OTC:OWRDF)(the “Company” or “OWL”) is pleased to announce it has entered into a Service Consulting Agreement with Robert Ingram. He will advise the Company on its business development.
Robert is also with the Tri Financial Group. He has over 25 years experience in the financial sector. In the past 10 years has helped companies structure a pathway for future IPOs while keeping the goals forefront for both individual investors and the companies. He has been a Director or Officer of a number of similar companies.
The Agreement is for a two year period. The Consultant will be paid a monthly fee of $5,000 US and will have an option to purchase up to 600,000 common shares of the Company at an exercise price of $0.05 per common share vesting from time to time. All Stock Options were granted in accordance with the Company’s stock option plan.
Doug Fulcher, the Company’s President and CEO stated, “Contracting Robert Ingram will introduce the Company to investment opportunities that will make the Company financially stronger.”
About One World Lithium Inc.
One World Lithium Inc. remains focused on properties of merit that may contain lithium in a brine. The Company is also focused on its Direct Lithium Extraction Technology. OWL intends to license or joint venture its technology to current and future lithium carbonate producers and consumers. For more information, visit: https://oneworldlithium.com.
OnbehalfoftheBoardofDirectorsof OneWorldLithiumInc.
“Douglas Fulcher”
PresidentandChiefExecutiveOfficer
For further information please visit www.oneworldlithium.com or email info@oneworldlithium.com or call 1-604-564-2017 Extension-3.
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 of the OWL Divisional Patent Applications, following further R&D, to change the lithium extraction industry, and (II) OWL’s collective abilities to commercialize the OWL Divisional Patent Applications 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 the OWL Divisional Technologies; and (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 ongoing, labour shortages, inflationary pressures, rising interest rates, the global financial climate and the conflict in Ukraine and surrounding regions are some additional factors that are affecting current economic conditions and increasing economic uncertainty, which may impact the Company’s operating performance, financial position, and future prospects. Collectively, the potential impacts of this economic environment pose risks that are currently indescribable and immeasurable. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company does not undertake any obligation to update such forward‐looking information whether because of new information, future events or otherwise, except as expressly required by applicable law.
NeithertheCanadianSecuritiesExchangenoritsMarketRegulator(asthattermisdefinedin thepoliciesoftheCanadianSecuritiesExchange)acceptsresponsibilityfortheadequacyoraccuracyofthisrelease.
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