One World Lithium Announces That They Have Received Natural Brine Samples for Testing Using Direct Lithium Carbonation Extraction Technology and Closing Term Loan Financing
(TheNewswire)
VANCOUVER, BC – July 16, 2025– TheNewswire - One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company” or“OWL”) ispleased to announce it has now received two separate lithium brinesamples from a major mining company’s lithium project in SouthAmerica. The samples are currently at the lab where they will betested for Lithium Recovery using the Company’s novel lithiumrecovery technology that will enable lithium carbonate productiondirectly from natural brines in a single step.
In November 2024, OWL acquired two patent applicationsthat permit it to commercialize the recovery of lithium using a DirectLithium Carbonation Extraction Technology (“DLCE”) fromspecified sources including natural brine and slurries made frompegmatite, clay volcanic rock and sediment. TheCompany will be fundingthe development, testing and R&D work associated with these patentapplications.
Primary Project Goals -
Ongoing Testing at Lab
The aim of the lab work being conducted now is to continue to validate
and expand the technology to extract lithium carbonate from brine.
This project also plans to explore the production or coproduction of additional elements such as
sodium, calcium, and magnesium from the brine.
This process does not require pre-concentration, base
concentration, or post-concentration steps as used in evaporation
ponds and direct lithium extraction processes. With no sorbents, no
acids, and no soda ash, a cleaner lithium extraction can be achieved
with substantially lower capital and operating costs.
Funding for the Test Work
The Company has entered into an Umbrella Technology
Agreement (the “Agreement”) with the major mining company to
assist in the funding of this stage of testing on the two (2) separate
brine samples. During the testing period, the
mining company will have the right to continue to work with OWL to
advance the technology by contributing to the financing of a phase two
program to continue the R&D work on the technology.
The Phase two program will include expanding lab
facilities, purchasing additional equipment and the hiring of
additional lab workers which will all lead to the construction of an
initial containerized pilot plant for the further testing of lithium
recovery from natural brine and slurries.
Closing of a Term Loan
Financing
The Company also announces a first tranche closing
pursuant to its previous news release of April 4, 2025. The Company
has entered into Loan Agreements (the “Loans”) with lenders
borrowing a total of $107,200. The Loans are
unsecured and will bear interest of 8% per annum. The term of the Loans will be twelve (12) months or five (5)
business days following a written notice of the Company that the
Company has raised a minimum of one million dollars through an equity
or debt financing.
As an inducement for the Loans, the Company has issued
an aggregate of 3,573,332 share purchase warrants to the lenders. Each
share purchase warrant will entitle the holder to purchase one common
share of the Company at an exercise price of C$0.05 for a period of
twenty-four (24) months expiring on July 15, 2027. All securities
issued under the Loan will be subject to four (4) months and one day
hold period expiring November 16, 2025.
The net proceeds from the Loans will be used to further
the research and development of the lithium extraction process
described above, and for working capital.
Doug Fulcher, President, CEO
states: “This is a huge step forward for the Company, securing the
necessary funds to carry out this test work and to having additional
natural brine and clay samples to extract lithium from which will
further validate the DLCE Technology.”
About One World Lithium
One World Lithium Inc. remains focused on properties of
merit that may contain lithium. The Company is also focused on
commercial application of the extraction technology for natural brine
and for slurries made from clay, pegmatite, volcanic rock and
sediment. For more information, visit: https://oneworldlithium.com/.
On behalf of the Board of Directors of One World LithiumInc.,
“DouglasFulcher”
President and Chief Executive Officer
For further information please visit www.oneworldlithium.comor email info@oneworldlithium.com or call604-564-2017 Ext 3.
Forward-Looking Information: Thispress release may include forward looking information within themeaning of Canadian securities legislation. Forward lookinginformation is based on certain key expectations and assumptions madeby the management of the OWL, including, but not limited to: (I) theability of the OWL to further develop its DLCE Technology tochange the lithium extraction industry, and (II) OWL’s ability to commercialize its lithiumextraction technologies. Although OWLbelieves that the expectations and assumptions on which such forwardlooking information is based are reasonable, undue reliance should notbe placed on the forward-looking information because OWL can give noassurance that they will prove to be correct. There can be no assurance that such statements will prove to be accurate andactual results and future events could differ materially from the those anticipatedin such statements, important factors that could cause actual results to differmaterially from the company’s expectations include: (I) the inability of OWL to commercialize itsDLCE Technology (II) OWL’s inability to execute its business planand raise any required financing, (III)risks and market fluctuationscommon to the mining industry and lithium sector in particular, and (IV) advancements in other new direct lithiumextraction technologies. The reader is cautioned that assumptions usedin the preparation ofany forward-looking information may prove to be incorrect. Eventsor circumstances may cause actual results todiffer materially from those predicted, as a result of numerous knownand unknown risks, uncertainties, and other factors, some of which arebeyond the control of the OWL. The reader is cautioned not to placeundue reliance on any forward-looking information contained in thispress release.
Neitherthe Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian SecuritiesExchange) accepts responsibility for the adequacy or accuracy of thisrelease
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