Mr. Dale Ginn reports

LITHIUM ONE ANNOUNCES PAYMENT OF SUCCESS FEE

Lithium One Metals Inc. has issued an aggregate of 236,679 common shares of Lithium One at a deemed price of 23.57 cents per share to Haywood Securities Inc., together with a cash fee as compensation, for acting as financial adviser to the company in connection with the company's acquisition of Norris Lithium Inc. pursuant to a plan of arrangement under Section 288 of the Business Corporations Act (British Columbia). Payment of the compensation was made in accordance with TSX Venture Exchange Policy 4.3 -- Shares for Debt and approved by the TSX Venture Exchange.

About Lithium One Metals Inc.

Lithium One Metals is a Canadian exploration company specializing in the acquisition and development of high-potential lithium properties in Ontario and Quebec. The company's team of experienced geologists and prospectors are at the forefront of the search for the next generation of lithium deposits.