One World Lithium (CSE: OWLI) Lowers Private Placement Price to $0.035 Per Unit, Aiming to Raise $910,000

Details of Repricing and Unit Composition

One World Lithium has revised the terms of its non-brokered private placement initially announced on May 5, 2026. The subscription price per unit has been lowered to $0.035, with a corresponding adjustment in the total offering size. Investors can now subscribe for units at this reduced price point.

Each unit continues to comprise one common share of OWL and one non-transferable common share purchase warrant. This structure offers investors immediate equity participation plus the opportunity to acquire additional shares by exercising warrants at $0.08 per share within 36 months from closing.

Offering Size and Capital Target

The repriced offering allows for up to 20 million units at $0.035 each, targeting gross proceeds of up to $910,000 before transaction costs. All other offering terms remain consistent with the May 5, 2026 original disclosure.

The final capital raised will depend on subscription levels during the offering period. The company has not detailed the allocation or specific use of proceeds in this announcement; interested investors should consult OWL’s full disclosure filings on SEDAR+ for further information.

Warrant Exercise Details and Investment Terms

Warrants included in each unit grant holders the right to purchase one additional common share at an exercise price of $0.08, representing a 128.6% premium over the $0.035 subscription price. Warrants remain exercisable for 36 months post-closing.

These warrants are non-transferable, restricting exercise rights to original subscribers. Holders must exercise warrants before the 36-month expiration, after which unexercised warrants will lapse.

Non-Brokered Placement Structure

OWL is conducting this private placement directly with investors without engaging brokerage intermediaries, a strategy that reduces transaction costs and fosters direct investor relationships. The offering complies with Canadian securities regulations and prospectus exemptions for accredited and qualifying investors.

The company notes the offering is "not for distribution to United States newswire services or for dissemination in the United States," reflecting regulatory restrictions. Prospective investors should verify eligibility based on jurisdiction and investor status.

Closing Conditions and Regulatory Approvals

Completion of the placement is contingent upon standard closing conditions and receipt of necessary corporate and regulatory approvals. While OWL expects to obtain these approvals, no guarantees have been provided regarding timing or certainty of closing.

Investors should be aware that closing may be delayed or not occur if conditions are unmet. Detailed information on conditions precedent is available in OWL’s SEDAR+ filings.

Company Focus and Technology Development

OWL is advancing proprietary lithium extraction technologies aimed at scalable, lower-impact production methods. The company pursues strategic partnerships to commercialize its DLCE (Direct Lithium Extraction) technology, targeting lithium recovery from brines and clay slurries.

Funds raised through this placement will support development and commercialization efforts. However, OWL cautions that successful execution and further financing are not assured. Investors should review the company’s technology roadmap and business strategy via public filings to evaluate commercial viability.

Forward-Looking Statements and Risks

OWL’s announcement includes forward-looking information outlining assumptions and risks related to technology development, commercialization, financing, and regulatory approvals. The company warns that actual results may differ materially and advises against undue reliance on these statements.

Risks include potential failure to commercialize technology, challenges in executing business plans, competitive pressures, financing difficulties, and regulatory hurdles. Market fluctuations in the lithium and mining sectors add further uncertainty.

Context and Timing of Repricing

The original private placement terms were announced on May 5, 2026. The July 24, 2026 repricing reflects market conditions and investor feedback, lowering the subscription price to encourage broader participation while maintaining all other terms.

Existing and prospective investors should reassess their investment decisions in light of the adjusted pricing and unchanged warrant terms.

Additional Resources and Disclosure

Investors are encouraged to access OWL’s SEDAR+ profile at www.sedarplus.ca for comprehensive details on the offering, business operations, and financial statements. The company’s website, oneworldlithium.com, provides further information on technology and strategy.

Thorough due diligence is recommended before investing, including reviewing recent financials, management discussions, and continuous disclosure documents to understand OWL’s financial position and associated risks.