Mr. Douglas Fulcher reports

ONE WORLD LITHIUM ANNOUNCES ISSUANCE OF MANAGEMENT CEASE TRADE ORDER

One World Lithium Inc. has been unable to meet the April 30, 2025, deadline to file its audited annual financial statements, management's discussion and analysis, and related chief executive officer and chief financial officer certificates for the fiscal year ended Dec. 31, 2024, as required by National Instrument 51-102 (Continuous Disclosure Obligations), and National Instrument 52-109 (Certification of Disclosure in Issuer's Annual and Interim Filing).

In connection with the company's inability to file the annual filings on time, the company applied, and received approval, for a management cease trade order from the B.C. Securities Commission under National Policy 12-203 (Management Cease Trade Orders). The company will have until June 30, 2025, to file its annual filings.

The company's delay in filing the annual filings on time was due to lack of funds to pay its auditor to perform the company's year-end audit. As a result, the company requires additional time to complete its previously announced financing, to conduct the audit and to file the annual filings. The company expects to complete and file the annual filings by no later than June 30, 2025. The company will issue a news release once the annual filings have been filed.

The company intends to satisfy the provisions of the alternative information guidelines of NP 12-203 by issuing biweekly default status reports, in the form of news releases, until the revocation of the MCTO. The company is not subject to any insolvency proceedings. The MCTO will prohibit the chief executive officer and the chief financial officer of the company from trading in securities of the company for so long as the annual filings are not filed and the MCTO revoked. The issuance of the MCTO does not affect the ability of persons other than the chief executive officer and the chief financial officer of the company to trade in the company's securities.

The company confirms, as of the date of this news release, that there is no insolvency proceeding against it, and there is no other material information concerning the affairs of the company that has not been generally disclosed.

About One World Lithium Inc.

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

We seek Safe Harbor.