ONE WORLD LITHIUM ANNOUNCES CLOSING OF OVERSUBSCRIBED NON-BROKERED PRIVATE PLACEMENT

OWL__03-02-2021

VANCOUVER, BC – March 02, 2021 – One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company”) (“OWL”) today is pleased to announce it has closed its previously announced $1,500,000 non-brokered private placement for gross proceeds of $2,251,110.50. The private placement closed with the issuance of 45,022,210 units (“Units”) priced at $0.05 per Unit (the “Offering”). The private placement has been
oversubscribed, resulting in the issuance of an additional 15,022,210 Units for $751,110.50. All funds are stated in Canadian dollars.

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