Mr. Brad Nichol reports

LIBERTY ONE YEAR END SUMMARY AND OUTLOOK

Liberty One Lithium Corp. has provided a 2018 summary and outlook for 2019 activities.

The company maintains an excellent cash position with approximately $8.2-million in cash and cash equivalents, as noted in recent Q3 2018 financial filings.

The financial health of the company ensures working capital to maintain all aspects of the business, including an ability to source undervalued lithium deposit opportunities in jurisdictions best positioned to deliver shareholder value.

Over the past year, the lithium market has seen significant depreciation, due principally to perceived overcapacity. However, in terms of actual production, virtually nothing has changed, as the demand has continued to significantly outstrip production around the globe. Therefore, in the natural order of supply versus demand, recent reports show compelling arguments for an upcoming turnaround in the lithium sector. In the interim, the soft market has created excellent opportunities to acquire properties, in many instances at advanced stages of exploration and development from those companies unable to manage the downturn in prices.

Brad Nichol, chief executive officer of Liberty One Lithium, commented: "Our research continually leads us back to the Lithium Triangle in South America. The region holds the most prolific and potentially profitable sources for brine extraction, and we believe that several opportunities that were unobtainable even six months ago are now becoming probable targets for acquisition. Given the advanced state of many of these prospects, we believe this presents an excellent opportunity to quickly gain value as the market corrects to meet demand. In this business, project location and timing can be critical, and all the trend indicators are lining up for a highly favourable Latin American resurgence."

In related news, and based on the current market assessment undertaken by both the management and board of Liberty One Lithium, it has been determined that, in the interest of fiscal responsibility, the company will sever its relationship with the Utah-based North Paradox property. Future investment in this project has been deemed counterproductive to the current goals of the company; and thus, avails additional capital for strategic acquisition purposes.

Mr. Nichol commented: "Our shareholder base has been fantastic over the past year, and we are deeply grateful and committed to making 2019 a breakout year for the company. We thank everyone concerned for their dedication over the past year and wish you all a very happy holiday season in preparation for an outstanding new year."

About Liberty One Lithium Corp.

Liberty One Lithium is an exploration company focused on the acquisition and development of high-grade lithium brine deposits. Liberty One Lithium seeks regions ideally situated for lithium brine production via low-cost and well-proven evaporation methods, and are adjacent to substantive infrastructure and a skilled, experienced labour force. Liberty One Lithium's international team comprises recognized technical experts that have focused on lithium for decades.

We seek Safe Harbor.