(TheNewswire)
VANCOUVER, BC - TheNewswire - October 21, 2020 - One World Lithium Inc.(OTC:OWRDF) (CSE:OWLI) (CNSX:OWLI.CN) (the"Company") ("OWL") announce s it has signed a six-monthservice agreement with Cognitive Corporate Services Inc.("Cognitive"). Under its mandate, Cognitive will advise theCompany in areas including corporate strategy, finance, capitalmarkets, and marketing. Cognitive will introduce the Company toaccredited investors, registered representatives, and fund managers.
Cognitive was founded by the same teamof industry leaders behind Vancouver capital markets advisory firm,ECMB Capital Partners Inc. Cognitive specializes in supporting privateand public companies by enhancing investor communications anddeploying innovative digital strategies that allow the company tocapture the attention of capital markets and accredited investors. TheCognitive team has deep experience across a wide range of industries,including the battery metals space. John Costigan, CEO of Cognitive(and Managing Partner at ECMB), leads a team that has successfullyassisted mining, exploration, and technology companies in raising overCAD $200 million in exploration and growth capital over the last sevenyears.
Cognitive will employ an innovative digital marketing strategy that will enablethe Company to reach targeted audiences using media including smartcontent, videos, digital ads, webinars, and automated emails. Theseassets will be distributed across a range of digital media, includingan improved social media presence for OWL, which Cognitive willdevelop.
Under the terms of the agreement, Cognitive will bepaid a monthly fee and has been granted an option to purchase up to800,000 common shares of the Company at an exercise price of $0.075per common share. The stock options are exercisable on or beforeOctober 21, 2022 with 150,000 vesting on December 21, 2020, 150,000vesting on February 21, 2021, 250,000 vesting on March 21, 2021 andthe balance vesting on April 21, 2021.
Douglas Fulcher, CEO and director of theCompany commented, "we have confidence in the innovative servicesthat Cognitive provide s, not only itsin-depth knowledge of technologies, but also its leading-edge approachto increasing capital market awareness."
About One World Lithium Inc.
One World Lithium Inc. is an exploration anddevelopment company focused on lithium in brine projects. It currentlyhas earned a 60% property interest with an option to acquire a further30% property interest for a total of a 90% property interest in the103,450 hectare (399 square mile) Salar del Diablo lithium brineproject located in the State of Baja California, Mexico.
On behalf of the Board of Directors of One WorldLithium Inc.,
"DouglasFulcher"
President and Chief Executive Officer
For further information please visit www.oneworldlithium.com or emailinfo@oneworldlithium.com
or call 1-604-564-2017 Extension-3
Forward-Looking Information: Thispress release may include forward looking information within themeaning of Canadian securities legislation. Forward lookinginformation is based on certain key expectations and assumptions madeby the management of the OWL, including the intention of OWL toproceed with the advancement of the Property. Although OWL believesthat the expectations and assumptions on which such forward looking information is based arereasonable, undue reliance should not be placed on the forward-lookinginformation because OWL can give no assurance that they will prove tobe correct. Forward looking statements contained in this press releaseare made as of the date of this press release. OWL disclaims anyintent or obligation to update publically any forward-lookinginformation, whether as a result of new information, future events orresults or otherwise, other than as required by applicable securitieslaws. There can be no assurance that such statements will prove to beaccurate and actual results and future events could differ materiallyfrom the those anticipated in such statements, important factors thatcould cause actual results to differ materially from the company'sexpectations include: (I) inability of OWL to execute its businessplan and raise the required financing (II) accuracy of mineral orresource exploration activity (III) continued access to mineralproperty and (IV) risks and market fluctuations common to the miningindustry and lithium sector in particular. The reader is cautionedthat assumptions used in the preparation of any forward-lookinginformation may prove to be incorrect. Events or circumstances maycause actual results to differ materially from those predicted, as aresult of numerous known and unknown risks, uncertainties, and otherfactors, some of which are beyond the control of the OWL. The readeris cautioned not to place undue reliance on any forward-lookinginformation contained in this press release
Neither the Canadian SecuritiesExchange nor its Market Regulator (as that term is defined in thepolicies of the Canadian Securities Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
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