Mr. Douglas Fulcher reports

ONE WORLD LITHIUM ANNOUNCES CLOSING OF THE SECOND TRANCHE OF ITS PRIVATE PLACEMENT AND APPOINTMENT OF NEW DIRECTOR

One World Lithium Inc. has closed the second tranche of its previously announced non-brokered private placement. The company has raised an additional $522,100 through the issuance of 3,480,665 units at a price of 15 cents per unit. Each unit will consist of one common share in the capital of the company and one non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share, at a price of 20 cents per warrant share for a period of 24 months from the closing date of the offering. All securities are subject to a four-month-and-one-day hold from the closing date. The aggregate gross proceeds under the first and second tranche totalled $1,550,750.

Use of proceeds

The net proceeds will be used primarily for financing the Salar del Diablo exploration programs as well as for corporate purposes and working capital.

Director appointment and stock options

The company's board of directors has appointed Kevin Milledge to the board, effective May 23, 2018. The company has granted him incentive stock options to purchase up to 100,000 common shares of the company at a price of 15 cents per share. The stock options are exercisable on or before May 23, 2020, and are fully vested.

Doug Fulcher, chief executive officer, said: "The private placement has been oversubscribed. The company is currently compiling the geophysical and geochemical survey data with the geological mapping prior to selecting several drill targets on its Salar del Diablo lithium property. The company is also planning to apply for an OTCQB and a Frankfurt exchange listing over the next few months."

About One World Lithium Inc.

One World Lithium is an exploration and development company. The company has an option to acquire a 90-per-cent interest in the 75,400-hectare Salar del Diablo property in Mexico.

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