- One World Lithium (OWLI) has announced a non-brokered private placement for gross proceeds of up to $600,000
- The company will issue up to 12,000,000 units for $0.05 per unit
- Net proceeds will be used to fund continued property expansion costs and on going lab testing of the company’s Critical Fluid Separation Technology
- OWL’s mission is to own low-cost lithium separation technologies
- One World Lithium Inc. (CSE:OWLI) is down 7.69 per cent on the day, trading at C$0.06 per share at 10 am ET
One World Lithium (OWLI) has announced a non-brokered private placement for gross proceeds of up to $600,000.
The company will issue up to 12,000,000 units for $0.05 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share for 36 months from the closing of the offering.
Net proceeds will be used to fund continued property expansion costs, on going lab testing of the company’s Critical Fluid Separation Technology and working capital.
OWL’s mission is to own low-cost lithium separation technologies with a 95 per cent recovery of battery grade lithium. OWL intends to license or joint venture its technology to current and future lithium carbonate producers.
One World Lithium Inc. (CSE:OWLI) is down 7.69 per cent on the day, trading at C$0.06 per share at 10 am ET.