One World Lithium Inc. announced a non-brokered private placement of up to 12,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 600,000 on September 2, 2022. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of CAD 0.08 for a period of 36 months from the closing of the transaction.

All securities are subject to a four month and one day hold from the closing date. The company may issue funding in one or more tranches. The company may pay a finder's fee in connection with the offering.

The transaction may include participation from insiders. Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.