Mr. Douglas Fulcher reports

ONE WORLD MINERALS INC. ANNOUNCES CLOSING OF OPTION TO ACQUIRE UP TO 90% INTEREST IN SALAR DEL DIABLO PROPERTY

One World Minerals Inc. has closed its previously announced acquisition of Lithium Investments Ltd. with the following amended terms. The principal assets of LIL consist of the rights and interests under an option and joint venture agreement with third parties to acquire up to a 90-per-cent interest in the Salar del Diablo property (formerly Rico Litio) in Mexico.

Under the option agreement, One World has agreed to issue 23.5 million common shares to LIL, with 11 million common shares issuable upon closing the transaction and the balance of 12.5 million common shares issuable upon the first anniversary of the closing date. In addition, One World has agreed to pay LIL: (i) $100,000 30 days after the closing date, (ii) $200,000 on the first anniversary date of the closing date, (iii) $300,000 on the second anniversary date of the closing date and (iv) $400,000 on the third anniversary date of the closing date.

Pursuant to the terms of the option agreement, One World has the option to earn an 80-per-cent interest in the property for the issuance of 1.7 million shares, payment of $1.28-million (U.S.) and property expenditures over three phases totalling $2,162,875 (U.S.) before the end of 2018. One World has the option to acquire an additional 10-per-cent interest in the property for a further estimated payment of $5-million (U.S.) upon delivery of a bankable feasibility report on the property. If the underlying owners dilute to lesser than 10 per cent, a 2-per-cent net smelter return royalty replaces the 10-per-cent property interest, and One World has an option to purchase one-half of the NSR royalty for $5-million (U.S.).

The Salar del Diablo property covers a large closed basin of 75,400 hectares, which is 120 kilometres long and between 10 to 40 kilometres wide (750 square kilometres). The property is in the state of Baja California Norte and 35 kilometres from San Felipe, Mexico.

We seek Safe Harbor.