VANCOUVER, BC., January 17, 2018 – One World Minerals Inc. (OWM-CSE) (the “Company”) announces it will change its corporate name to One World Lithium Inc. effective Friday, January 19, 2018.
The Canadian Securities Exchange listing of the Company’s common shares will commence trading under the new name and trading symbol “OWLI” on January 19, 2018. The Company’s new CUISP number will be 68248A106 and the new ISIN number will be CA68248A1066. Shareholders are not required to exchange their existing share certificates for new certificates bearing the new company’s name and Company shares held electronically in Direct Registration System will be booked automatically.
Doug Fulcher, the Company’s CEO noted “the name change to One World Lithium reflects the Company’s primary focus to explore and develop lithium properties of merit and the potential of its option to earn and acquire up to 90% of the 75,000 hectare Salar del Diablo lithium property in Mexico”.
The Company has advanced the funds on December 15, 2017 to complete the pre drilling geophysical phase two program. The logistics and mobilization of equipment has been underway over the last several weeks with the geophysical field survey to start before the end of January 2018.
On behalf of the Board of Directors of One World Minerals Inc.
Doug Fulcher, CEO and President
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Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation concerning the business of the OWM. Forward looking information is based on certain key expectations and assumptions made by the management of the OWM regarding the proposed exploration program. Although OWM believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because OWM can give no assurance that they will prove to be correct. Forward looking statements contained in this press release are made as of the date of this press release. OWM disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from the those anticipated in such statements, important factors that could cause actual results to direr materially from the company’s expectations include: (I) potential comments from regulators which may delay; (II) inability of OWM to execute its business plan and raise the financing required to implement the exploration program; and (III) risks and market fluctuations common to the mining industry and lithium sector in particular. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, some of which are beyond the control of the OWM. The reader is cautioned not to place undue reliance on any forward-looking information contained in this press release.