One World Lithium Inc. announces that it has made an application to the British Columbia Securities Commission to approve a temporary management cease trade order under National Policy 12-203 - Management Cease Trade Orders , which, if granted, will prohibit trading in securities of the Company by certain insiders of the Company, whether direct or indirect. The Company is seeking the MCTO as it is unable to file it Annual [...]
One World Lithium Inc. is providing an update on the status of the filing of its annual and interim financial statements and accompanying management's discussion and analysis. As a result of the COVID-19 pandemic the British Securities Commission has granted temporary blanket relief for market participants from certain regulatory filings pursuant to BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance [...]
One World Lithium Inc. is pleased to announce that the Mexican Federal Government has announced in response to COVID-19 that they are planning and expect that work on mining and mineral exploration programs may be in a position to proceed as early as June 2020. With this announcement being made, the Company is planning to begin the next phase of drilling in early June 2020 at its Salar del Diablo Property located in the [...]
One World Lithium Inc. is providing an update on the status of the filing of its annual financial statements and accompanying management's discussion and analysis. As a result of the COVID-19 pandemic the British Securities Commission has granted temporary blanket relief for market participants from certain regulatory filings pursuant to BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements [...]
One World Lithium Inc. announces drilling, environmental, and occupancy permits have been approved to drill two key locations at the south end of the Salar del Diablo Property located in the State of Baja California, Mexico. Proposed exploration targets DDH-3 and DDH-4 are located 50 kilometers south of previous drill hole DDH-2 in the north portion of the property. Mike Rosko of Montgomery and Associates is the Operator [...]
One World Lithium Inc. announces that effective on March 6, 2020 the Company will amend the terms of an aggregate of 14,501,233 outstanding common share purchase warrants previously issued by the Company as follows: - 6,857,667 of these Warrants are currently exercisable to acquire common shares of the Company at a price of $0.20 until March 22, 2020. Under the Amendment, the exercise price of the Warrants will be reduced [...]
One World Lithium Inc. reports it has applied for a drilling permit and expects approval in the next several days. Layne Drilling is moving a rig to DDH-3's location that is 50 kilometers south of DDH-2. The rig is a skid mounted 4 by 4 all-terrain rig that is capable of drilling to a depth of 1,000 meters. Two drill crews will allow 24/7 drilling. Lithium Extraction Technology OWL is working with a technology development [...]
One World Lithium Inc. announces a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $1,500,000 that may close in one or more tranches. Each Unit will consist of one common share in the capital of the Company and one non-transferable Common Share purchase warrant . Each warrant will entitle the holder thereof to acquire one Common Share, at a price of $0.10 [...]
One World Lithium Inc. announces DDH-2 has reached a total depth of 594 meters. Using a dual packer system three samples were taken between 431 and 150 meters. DDH -1 reached a depth of 650 meters where five samples were taken between 633 and 235 meters. The drill will be moved 50 kilometers south of DDH-2 to DDH-3's location which is also 20 kilometers from the southern border. The Company will not receive the drilling [...]
One World Lithium Inc. announces a drilling report on its four hole program at the Salar Diablo Property in Mexico. Exploration corehole DDH-1 has reached its total depth of 650 meters and is located near the previous 2019-1 drill hole. DDH-2 is located 11 kilometers south east of DDH-1 and has reached 590 meters with a planned total depth of 650 meters. DDH-3 is anticipated to be drilling by approximately December 13 [...]
Vancouver, BC - TheNewswire - October 22, 2019 - One World Lithium Inc. announces that the previous non-brokered private placement announced on September 5, 2019 is replaced with a non-brokered private placement of unsecured convertible notes in the aggregate principal amount of up to $1,000,000 . The principal amount of the Note will accrue interest at 8% per annum, and any accrued but unpaid interest, will mature on the [...]
Vancouver, BC - TheNewswire - October 21, 2019 - One World Lithium Inc. announces that the drilling of its first borehole has reached a depth of 220 meters on Sunday, October 20, 2019. The borehole was cased to a depth of 200 meters and core drilling has subsequently reached a depth of 220 meters mid-day October 20, 2019. Layne Drilling is drilling on 24-hour, 7-day a week basis, and the operator reports no drilling [...]