Mr. Douglas Fulcher reports

ONE WORLD LITHIUM INC. ANNOUNCES TERM LOAN OFFERING

One World Lithium Inc. has arranged a term loan offering of up to $500,000. The loan will be unsecured and will bear interest of 8 per cent per annum. The term of the loan will be 12 months from the closing of the loan or five business days following a written notice of the company that the company has raised a minimum of $1-million through an equity or debt financing.

As an inducement for the loan, the company will issue common shares of the company to each lender (an aggregate of 3,333,333 common shares), share purchase warrants to each lender (an aggregate of 16,666,667 share purchase warrants), or a combination of 50 per cent of the loan bonus shares and 50 per cent of the loan bonus warrants. Each share purchase warrant will entitle the holder to purchase one common share of the company at an exercise price of five cents for a period of 24 months from the closing of the loan.

There is no minimum aggregate amount to close the loan, and the company may, at its discretion, elect to close the loan in one or more closings. Management anticipates that the company will allocate the net proceeds from the loan toward further research and development of the company's direct lithium carbonation extraction technology and working capital.

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

About One World Lithium Inc.

One World remains focused on properties of merit that may contain lithium. The company is also focused on the commercial application of its direct lithium carbonation extraction technology for natural brine and for slurries made from clay, pegmatite, volcanic rock and sediment. The company intends to license or joint venture its technologies to current and future lithium carbonate producers.

We seek Safe Harbor.