Mr. Douglas Fulcher reports

ONE WORLD LITHIUM ANNOUNCES THAT THEY HAVE RECEIVED NATURAL BRINE SAMPLES FOR TESTING USING DIRECT LITHIUM CARBONATION EXTRACTION TECHNOLOGY AND CLOSING TERM LOAN FINANCING

One World Lithium Inc. has received two separate lithium brine samples from a major mining company's lithium project in South America. The samples are currently at the lab where they will be tested for lithium recovery using the company's novel lithium recovery technology that will enable lithium carbonate production directly from natural brines in a single step.

In November, 2024, One World acquired two patent applications that permit it to commercialize the recovery of lithium using a direct lithium carbonation extraction technology (DLCE) from specified sources including natural brine and slurries made from pegmatite, clay volcanic rock and sediment. The company will be funding the development, testing, and R&D (research and development) work associated with these patent applications.

Primary project goals -- continuing testing at lab

The aim of the lab work being conducted now is to continue to validate and expand the technology to extract lithium carbonate from brine. This project also plans to explore the production or coproduction of additional elements such as sodium, calcium and magnesium from the brine.

This process does not require preconcentration, base concentration or postconcentration steps as used in evaporation ponds and direct lithium extraction processes. With no sorbents, no acids and no soda ash, a cleaner lithium extraction can be achieved with substantially lower capital and operating costs.

Funding for the testwork

The company has entered into an umbrella technology agreement with the major mining company to assist in the funding of this stage of testing on the two separate brine samples. During the testing period, the mining company will have the right to continue to work with One World to advance the technology by contributing to the financing of a phase two program to continue the R&D work on the technology.

The phase two program will include expanding lab facilities, purchasing additional equipment and the hiring of additional lab workers which will all lead to the construction of an initial containerized pilot plant for the further testing of lithium recovery from natural brine and slurries.

Closing of a term loan financing

The company also announces a first tranche closing pursuant to its previous news release of April 4, 2025. The company has entered into loan agreements with lenders borrowing a total of $107,200.

The loans are unsecured and will bear interest of 8 per cent per annum.

The term of the loans will be 12 months 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 loans, the company has issued an aggregate of 3,573,332 share purchase warrants to the lenders. 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 expiring on July 15, 2027. All securities issued under the loan will be subject to a four-month-and-one-day hold period expiring Nov. 16, 2025.

The net proceeds from the loans will be used to further the research and development of the lithium extraction process described above, and for working capital.

Doug Fulcher, president and chief executive officer, states, "This is a huge step forward for the company, securing the necessary funds to carry out this testwork and to having additional natural brine and clay samples to extract lithium from which will further validate the DLCE technology."

About One World Lithium Inc.

One World Lithium remains focused on properties of merit that may contain lithium. The company is also focused on commercial application of the extraction technology for natural brine and for slurries made from clay, pegmatite, volcanic rock and sediment.

We seek Safe Harbor.