OWL progress report
OWL’s Progress Report
March 2021
Over the last six months, our Company has made significant progress and is ready for an aggressive year:
–
- An oversubscribed private placement by $ 750,000 for a total of $ 2,250,000 CAD;
- Junior lithium companies stock prices are up since October including
Neo Lithium + 434 %
American Lithium + 321
Noram Lithium + 405
One World Lithium + 230;
- Lithium Carbonate prices have increased 64% since October 20,2020 to March 20,2021 from $ 6,250 to $ 10,250 per tone LCE;
- Two drill crews on site in 9 days with drilling to start in 22 days;
- No covid -19 restrictions in the States of Sonora and Baja California north and mining and mineral exploration are considered an Essential service;
- On completing DDH -3 and DDH-4, OWL will then earn an additional 20% property working interest for a total of 80%;
- Critical Fluid Separation Technology proof of concept will be released within 60 days and OWL will complete the engineering design for its pilot plant by June 30;
Trading volume of 4.4 million shares in the last quarter of 2020 that increased to 21.2 million shares from January 01 to March 19 ,2021 for an increase of 380%;
- New sponsors in finance and trading are:
- i)Charlie Monteros ( Toronto)
- ii)Marc Sibony Roboh ( Monte Carlo)
iii) Marc Moreau ( Paris)
- iv)Peter Bucher ( Zurich)
- v)Bull Market News ( Montreal);
- Pending launch of Cognitive Corporate Services programs including explainer videos, digital marketing, SEO, banner adds, social media;
– Industry trends are impressive:
- By 2030 EV & HEV are forecasted to have 12 million new vehicle sales
- EV sales will increase 600% before 2026
- Price of lithium carbonate will increase by 300% to $ 28,000
Per tone
- Vehicle Companies will spend up to $ 365 billion constructing new assembly lines for EV and HEV vehicles; and
- OWL’s new website going live before March 29.
The timing is right for OWL!