ONE WORLD LITHIUM ANNOUNCES CLOSURE OF FIRST TRENCH OF PRIVATE PLACEMENT AND DRILL UPDATE

VANCOUVERUn Monde Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Firm”) (“OWL”) broadcasts that it has closed a primary tranche of its non-brokered personal placement of a most of 30,000,000 models at a value of $ 0.06 per Share for gross proceeds of at most $ 1,800,000 which may shut in a number of installments.

Every unit consists of 1 extraordinary share of Firm (a “Frequent Share”) and a full non-transferable Frequent Share buy warrant (every whole warrant, a “Warrant”). Every warrant will enable its holder to buy one widespread share on the value of $ 0.12 for a interval of 36 months from the closing of the Provide.

All securities are topic to a withholding of 4 months and at some point from the cut-off date. On the closing of the primary tranche, the Firm issued 12,753,677 models for gross proceeds of $ 765,221. The online proceeds are meant for use primarily to finance the exploration applications of the Salar Del Diablo in addition to for the preliminary start-up of the separation know-how assessments and the working capital of the Firm. There isn’t any minimal variety of Items or minimal Whole Proceeds required to shut the Funding Stability and the Firm could, at its discretion, select to shut the Funding Stability in a number of tranches.

The closing of subsequent tranches of the Provide could also be effected in accordance with Multilateral Discover 45-313 of the CSA – Prospectus Exemption for Distributions to Present Securityholders (“ACVM 45-313”) and the corresponding ordinances and common guidelines. implementing the CSA 45-313 within the taking part jurisdictions on this regard (collectively with CSA 45-313, the “Present Securityholder Exemption”). As of the date hereof, the Present Securityholder Exemption is on the market in every of the provinces of Canada, excluding Newfoundland and Labrador.

Topic to relevant securities legal guidelines, the Firm will enable every particular person or firm who, as of Could 4, 2021 (being the file date set by the Firm in accordance with CSA 45-313), which holds Frequent Shares on that date to subscribe for Items to be distributed beneath the Providing, offered that the Holder Exemption present titles both supplied to such particular person or firm.

Certified shareholders who want to take part within the Provide ought to contact the Firm on the contact particulars indicated beneath. Within the occasion that the whole subscriptions for models inside the framework of the location exceed the utmost variety of securities to be positioned, the models will then be offered to eligible subscribers in proportion to the variety of models subscribed. Insiders can take part within the Provide. Along with the Present Securityholder Exemption, some or the entire Providing could also be accomplished in accordance with CSA Multilateral Discover 45-318 – Prospectus Exemption for Sure Distributions Via Funding

dealer (“CSA 45-318”) and corresponding provisional orders and laws implementing CSA 45-318 in taking part jurisdictions on this regard (collectively with CSA 45-318, the “Funding Dealer Exemption” ). As of the date hereof, the Funding Vendor Exemption is on the market in every of the Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick. Below CSA 45-318, every underwriter who avails himself of the funding supplier exemption should receive recommendation relating to the suitability of funding from a registered funding supplier. There aren’t any materials info or materials adjustments within the Firm that haven’t been disclosed. Along with finishing the Providing in accordance with the Present Securityholder Exemption and the Funding Vendor Exemption, the Providing may even be made in accordance with different obtainable prospectus exemptions.

Not one of the securities issued beneath the Provide will probably be registered beneath america Securities Act of 1933, as amended (the “1933 Act”), and none of them could also be supplied or offered in United States the dearth of registration or an relevant exemption from the registration necessities of the 1933 Act. This press launch doesn’t represent a proposal to promote or a solicitation of a proposal to purchase and doesn’t represent a sale of securities in a state the place such a proposal, solicitation or sale could be unlawful.

Drilling replace

As beforehand introduced on October 19, 2021, drill samples of DDH-1, 2, 3 & 4 had been despatched to the ALS preparation laboratory in Hermosillo, Mexico. Subsequently, the samples had been despatched to the ALS laboratory in Vancouver BC for evaluation and the evaluation outcomes will then be despatched to the Operator, Montgomery & Associates for interpretation and proposals. The outcomes and proposals will all be revealed upon receipt that are anticipated through the month of december 2021. Doug fulcher, the President and CEO stated, “Our firm stays centered on lithium brine prospects and demanding lithium separation applied sciences. The proceeds from this closing will enable the Firm to advance each initiatives ”.

On Un Monde Lithium Inc.

Un Monde Lithium Inc. is an exploration and improvement firm centered on lithium brine initiatives and new lithium separation applied sciences. It at present owns a 60% curiosity within the Salar del Diablo property. Upon completion of the southern drilling program, OWL will receive a further 20% curiosity within the property and could have the choice to buy a further 10% curiosity for a complete of 90% of the property within the 103,450 hectares (399 sq. miles) of the Salar del Diablo Lithium. Brine undertaking positioned within the Baja California State, Mexico.

Contact:

Douglas fulcher

Cellphone. : 1-604-564-2017

E mail: [email protected]

Net: www.oneworldlithium.com

Ahead-looking info

This press launch could comprise forward-looking info inside the which means of Canadian securities laws. Ahead-looking info relies on sure key expectations and assumptions made by OWL administration, together with OWL’s intention to proceed advancing the property or separation know-how. Though OWL believes that the expectations and assumptions on which this forward-looking info relies are affordable, one shouldn’t place undue reliance on forward-looking info as OWL can not assure that it’s going to show to be appropriate. The forward-looking statements contained on this press launch are made as of the date of this press launch. OWL disclaims any intention or obligation to publicly replace any forward-looking info, whether or not on account of new info, future occasions or outcomes or in any other case, apart from as required by relevant securities legal guidelines. There might be no assurance that such statements will show to be correct and that precise outcomes and future occasions may differ materially from these anticipated in such statements, vital components that might trigger precise outcomes to vary materially from the Firm’s expectations embrace: ( I) the shortcoming of OWL to execute its marketing strategy and lift the required funding (II) the accuracy of mineral exploration exercise or assets (III) continued entry to mining properties (IV) the dangers and market fluctuations widespread to the mining trade and the lithium sector particularly; and (V) advances in new separation applied sciences. The reader is cautioned that the assumptions used within the preparation of any forward-looking info could show to be incorrect. Occasions or circumstances could trigger precise outcomes to vary materially from these anticipated, attributable to many identified and unknown dangers, uncertainties and different components, a few of that are past OWL’s management. Readers are cautioned to not place undue reliance on any forward-looking info contained on this press launch.

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