Announcement • May 01
One World Lithium Inc. announced that it expects to receive CAD 0.8 million in funding One World Lithium Inc. announced a non-brokered private placement up to 20,000,000 units at a price of CAD 0.04 per Unit, for gross proceeds of up to CAD 800,000 on April 30, 2026. Each Unit will consist of one common share of the Company and one nontransferable Common Share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional Common Share at a price of CAD 0.08 per Warrant Share for a period of 36 months from the closing of the Offering. There is no minimum number of Units or minimum aggregate proceeds required to close the Offering, and the Company may, subject to compliance with applicable securities laws, elect to close the Offering in one or more closings. Finder’s fees may be payable in connection with the Offering in cash and/or securities, in each case in accordance with applicable securities laws and the policies of the Canadian Securities Exchange (the “CSE”). Closing of the Offering is subject to the receipt of all required corporate and regulatory approvals, including approval of the pricing of the Offering by the CSE. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities laws. Insiders of the Company may participate in the Offering. New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$435k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$435k free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Negative equity (-CA$2.7m). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.26m market cap, or US$3.10m). New Risk • Jun 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (60% average weekly change). Negative equity (-CA$2.0m). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.40m market cap, or US$4.71m). Minor Risk Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).