ONE WORLD LITHIUM INC. ANNOUNCES STOCK OPTION GRANT
Vancouver, BC, May 11, 2018 – One World Lithium Inc. (CSE-OWLI) (“OWL”) (the “Company”) is pleased to announce that it has granted incentive stock options to a consultant of the Company to purchase up to 500,000 common shares of the Company at a price of $0.15 per common share. The stock options are exercisable on or before February 15, 2019 with 100,000 vesting on June 15, 2018, another 200,000 vesting on September 15, 2018 and the balance vesting on October 15, 2018.
About One World Lithium Inc.
One World Lithium Inc. is an exploration Company with its primary focus on exploring and developing lithium projects of merit. It has an option to acquire up to a 90% working interest in the 75,400 hectares (290 square miles or 754 square kilometers) Salar Del Diablo Property located in Baja California North, Mexico.
For further information please visit www.oneworldlithium.com or email info@oneworldlithium.ca
On behalf of the Board of Directors of One World Lithium Inc.,
“Douglas Fulcher”
Douglas Fulcher, CEO and President
Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation concerning the business of the Company. Forward looking information is based on certain key expectations and assumptions made by the management of the Company including: (i) the future intended focus on lithium properties of merit; and (ii) the filing of its outstanding financial statements and related MD&A. Although the Company 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 the Company 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. The Company disclaims any intent or obligation to update publically 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) risks associated with lithium exploration and development; (ii) risks associated with the mining industry in general, including those specifically as they relate to mining operations in Mexico; (iii) inability for the Company to raise the required financing; and (iv) inability of the Company to execute its business plan. 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 Company. The reader is cautioned not to place undue reliance on any forward looking information contained in this press release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy this release.
