ONE WORLD LITHIUM ANNOUNCES FIRST TRANCHE CLOSING OF PRIVATE PLACEMENT AND DRILLING UPDATE

VANCOUVER, BC – November 04, 2021 – One World Lithium Inc. (CSE-OWLI) (OTCQB-OWRDF) (the “Company”) (“OWL”) announces that it has closed a first tranche of its non-brokered private placement of up to 30,000,000 units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of up to $1,800,000 that may close in one or more tranches. (the “Offering”). Each Unit consists of one common share of the Company (a “Common Share”) and one full non-transferable Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of $0.12 for a period of 36 months from the closing of the Offering. All securities are subject to a four month and one day hold from the closing date.

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