One World Lithium Announces Term Loan Offering: A Closer Look
Vancouver, BC – April 4, 2025 – One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company” or “OWL”) has recently announced a Term Loan Offering of up to $500,000. Let’s delve deeper into the details of this financing opportunity.
Terms of the Loan
The unsecured loan will bear an annual interest rate of 8%. The term of the loan will last for twelve months, beginning either from the closing of the loan or five business days following the Company’s written notice of raising a minimum of one million dollars through an equity or debt financing.
Inducements for the Lenders
As an incentive for the lenders, the Company will issue common shares of the Company, known as “Loan Bonus Shares,” to each lender. In total, 3,333,333 common shares will be distributed. Alternatively, each lender may receive share purchase warrants, referred to as “Loan Bonus Warrants.” An aggregate of 16,666,667 share purchase warrants will be issued. Each share purchase warrant will grant the holder the right to purchase one common share of the Company at an exercise price of C$0.05 for a period of twenty-four months from the closing of the loan.
Impact on the Company
This financing round presents an opportunity for One World Lithium to secure additional funds to support its operations and growth initiatives. By offering loan bonuses in the form of common shares and share purchase warrants, the Company aims to attract investors who may be interested in both debt and equity opportunities.
Impact on the World
The term loan offering by One World Lithium could have a ripple effect on the global lithium market. As the demand for lithium continues to grow due to its increasing use in electric vehicles and renewable energy storage systems, companies like One World Lithium play a crucial role in meeting this demand. With the proceeds from this loan, the Company may be able to accelerate its exploration, development, and production efforts, contributing to the overall supply of lithium.
Conclusion
One World Lithium’s term loan offering of up to $500,000 represents a strategic move for the Company to secure additional funds and attract a diverse range of investors. The potential impact on the lithium market could be significant, as the Company continues to contribute to the global supply of this essential resource. Stay tuned for further updates on this developing story.
- One World Lithium secures term loan offering of up to $500,000
- Interest rate of 8% per annum, term of 12 months
- Company to issue common shares or share purchase warrants as incentives
- Potential impact on the lithium market
