One World Lithium raises unit price of placement

• One World Lithium Inc. repriced its previously announced non-brokered private placement on May 5, 2026.
• The offering size remains up to 20 million units, but the price per unit increased from $0.04 (announced April 30) to $0.045.
• Gross proceeds target increased from $800,000 CAD to $900,000 CAD.
• The placement includes one common share and one non-transferable warrant per unit ($0.08 exercise price, 36-month term).
• Proceeds are designated for working capital and advancing the Direct Lithium Carbonation Extraction (DLCE) technology pilot plant.
• A separate announcement on April 30 confirmed a partnership with Moleaer Inc. to utilize nanobubble equipment for R&D testing of DLCE technology.
• Historical data from December 2025 shows an extension of 14,581,220 warrants originally issued in December 2022, extending expiry to December 2027 at a $0.08 exercise price.

• The repricing of the private placement is incremental and follows directly on the April 30 announcement; it does not constitute a material shift in company strategy or valuation.
• Raising the unit price from $0.04 to $0.045 reduces dilution per dollar raised compared to the original terms, which is marginally positive for existing shareholders if the full amount is subscribed.
• The total capital raise ($900k CAD) remains small relative to typical lithium development costs, indicating a stop-gap financing rather than a transformative funding round.
• No strategic investors were disclosed in this specific tranche; reliance on non-brokered private placements suggests limited institutional interest or liquidity constraints.
• The Moleaer partnership is positive for technology validation but does not generate immediate revenue; it remains an R&D milestone.
• Overall, the news is expected given the previous announcement and represents a routine administrative adjustment to financing terms rather than a fundamental business change.

• Company: One World Lithium Inc. is a lithium exploration company focused on proprietary extraction technology rather than traditional mining.
• Flagship Project: Direct Lithium Carbonation Extraction (DLCE) technology designed to extract lithium from natural brines and clay slurries using nanobubbles and CO2.
• Development Stage: The project is in the R&D and pilot plant validation phase; no commercial production has been announced.
• Technology Partner: Moleaer Inc. provides nanobubble equipment for testing, aiming to reduce freshwater usage and eliminate sulfuric acid/soda ash requirements.
• Risk Profile: High risk due to unproven technology at scale, reliance on external partnerships, and lack of revenue generation.