Lithium One Arranges $2,000,000 Private Placement

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[{"type":"text","content":"Lithium One Arranges $2,000,000 Private PlacementVancouver, British Columbia--(Newsfile Corp. - July 29, 2023) - Lithium One Metals Inc. (TSXV: LONE) (FSE: H490) (OTCQB: LOMEF) (the \"Company\" or \"LONE\") announces that it has arranged a private placement of up to 6,250,000 common shares (the \"Shares\") at $0.25 per Share for total gross proceeds of up to $2,000,000 (the \"Placement\"). Finders' fees may be payable in whole or on part of the Placement, subject to the policies of the TSX Venture Exchange. The proceeds from the Placement will be used for general working capital.All securities issued under the Placement will be subject to hold periods expiring four months and one day from the date of issue. The Company anticipates closing of the Placement (in one or more tranches) as soon as practicable subject to receipt of all necessary regulatory approvals.The Company also announces that it has filed under its profile on SEDAR (www.sedar.com) a National Instrument 43-101 Technical Report on its Parks property, entitled \"NI 43-101 Technical Report, Parks Property, Lake Jean and Park Lake Townships, Thunder Bay Mining Division, Ontario, Canada\" and dated July 24, 2023.This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About Lithium OneLithium One Metals is a Canadian exploration company specializing in the acquisition and development of high-potential lithium properties in Ontario and Québec. Our team of experienced geologists and prospectors are at the forefront of the search for the next generation of lithium deposits.On behalf of Lithium One Metals Inc.Nav Dhaliwal, Chief Executive OfficerFor more information, please visit the Company's website at https://lithiumonemetals.com or contact:Nav DhaliwalTel: +1-604-678-5308Email: [email protected] the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of th...

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