Mr. Douglas Fulcher reports

ONE WORLD LITHIUM INC. ANNOUNCES PRIVATE PLACEMENT

The previous non-brokered private placement One World Lithium Inc. announced on May 25, 2018, will be replaced with a non-brokered private placement of up to 13,333,334 units at a price of 15 cents per unit for gross proceeds of up to $2-million. All funds are stated in Canadian dollars.

Each unit will consist of one common share of the company and one-half of a non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of 20 cents for a period of 24 months from the closing of the offering.

There is no minimum number of units or minimum aggregate proceeds required to close the offering, and the company may, at its discretion, elect to close the offering in one or more closings. Management anticipates that the company will allocate the net proceeds of the offering as follows: Salar del Diablo lithium property drilling program, $400,000; testing, $350,000; feasibility report, $500,000; Salar del Diablo lithium property southern region predrilling program, $450,000; and $300,000 for working capital.

The company may pay a finder's fee on the offering. Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the closing of the offering in accordance with applicable securities legislation.

The May 25, 2018, non-brokered private placement was up to 10 million units at a price of 20 cents per unit for gross proceeds of up to $2-million. Each unit consisted of one common share and one-half of a non-transferable common share purchase warrant. Each warrant entitled the holder thereof to purchase one common share at a price of 25 cents for a period of 24 months from the closing of the offering.

A portion or all the offering may be completed pursuant to Multilateral CSA Notice 45-313, Prospectus Exemption for Distributions to Existing Security Holders, and the corresponding blanket orders and rules implementing CSA 45-313 in the participating jurisdictions in respect thereof. As at the date hereof, the existing securityholder exemption is available in each of the provinces of Canada, with the exception of Newfoundland and Labrador.

Subject to applicable securities laws, the company will permit each person who, or company which, as of June 29, 2018 (being the record date set by the company pursuant to CSA 45-313), holds common shares as of that date, to subscribe for the units that will be distributed pursuant to the offering, provided that the existing securityholder exemption is available to such person or company. Qualifying shareholders who wish to participate in the offering should contact the company. In the event that aggregate subscriptions for units under the offering exceed the maximum number of securities to be distributed, then units will be sold to qualifying subscribers on a pro rata basis based on the number of units subscribed for. Insiders may participate in the offering.

In addition to the existing securityholder exemption, a portion or all the offering may be completed pursuant to Multilateral CSA Notice 45-318, Prospectus Exemption for Certain Distributions through an Investment Dealer, and the corresponding blanket orders and rule implementing CSA 45-318 in the participating jurisdictions in respect thereof. As at the date hereof, the investment dealer exemption is available in each of Alberta, British Columbia, Saskatchewan, Manitoba and New Brunswick. Pursuant to CSA 45-318, each subscriber relying on the investment dealer exemption must obtain advice regarding the suitability of the investment from a registered investment dealer.

There is no material fact or material change of the company that has not been disclosed.

In addition to conducting the offering pursuant to the existing securityholder exemption and the investment dealer exemption, the offering will also be conducted pursuant to other available prospectus exemptions.

About One World Lithium Inc.

One World Lithium, an exploration company, is focused on exploring and developing lithium projects of merit. It has an option to acquire up to a 90-per-cent working interest in the 75,400-hectare (754-square-kilometre) Salar del Diablo property located in Baja California Notre, Mexico.

We seek Safe Harbor.