One World Lithium Announces Issuance Of Management Cease Trade Order

(TheNewswire)

VANCOUVER, BC – May 1 , 2025 – TheNewswire - One World Lithium Inc. (CSE-OWLI) (OTCQB- OWRDF) (the “ Company ” or “ OWL ”) announces that it was unable to meetthe April 30, 2025 deadline to file its Audited Annual FinancialStatements, Management’s Discussion and Analysis, and related CEOand CFO certificates for the fiscal year ended December 31, 2024(collectively, the “ AnnualFilings ”), as required by National Instrument51-102 – ContinuousDisclosure Obligations , and National Instrument52-109 – Certification ofDisclosure in Issuer’s Annual and Interim Filing .

In connection with the Company’s inability to filethe Annual Filings on time, the Company applied, and receivedapproval, for a Management Cease Trade Order (the “ MCTO ”) from theBritish Columbia Securities Commission under National Policy 12-203– Management Cease TradeOrders (“ NP 12-203 ”). TheCompany will have until June 30, 2025 to file its AnnualFilings.

The Company’s delay in filing the Annual Filings on time was due to lack of funds to payits auditor to perform the Company’s year-end audit. As a result,the Company requires additional time to complete its previouslyannounced financing, to conduct the audit and file the Annual Filings.The Company expects to complete and file the Annual Filings by nolater than June 30, 2025. The Company will issue a news release oncethe Annual Filings have been filed.

The Company intends to satisfy the provisions of thealternative information guidelines of NP 12-203 by issuing bi-weeklydefault status reports, in the form of news releases, until therevocation of the MCTO. The Company is not subject to any insolvencyproceedings. The MCTO will prohibit the Chief Executive Officer andthe Chief Financial Officer of the Company from trading in securitiesof the Company for so long as the Annual Filings are not filed and theMCTO revoked. The issuance of the MCTO does not affect the ability ofpersons other than the Chief Executive Officer and the Chief FinancialOfficer of the Company to trade in the Company’s securities.

The Company confirms as of the date of this newsrelease that there is no insolvency proceeding against it and there isno other material information concerning the affairs of the Companythat has not been generally disclosed.

About One World Lithium

One World Lithium Inc. remains focused on properties ofmerit that may contain lithium. The Company is also focused oncommercial application of its extraction technologies for naturalbrine and for slurries made from clay, pegmatite, volcanic rock andsediment. OWL intends to license or joint venture its technologies tocurrent and future lithium carbonate producers. For more information,visit: https://oneworldlithium.com/ .

On behalf of the Board of Directors of One World Lithium Inc.,

“Douglas Fulcher”

President and Chief Executive Officer

For further information please visit www.oneworldlithium.com or email info@oneworldlithium.com or call 604-564-2017.

Forward-Looking information: Thisnews release includes certain “forward-looking statements” underapplicable Canadian securities legislation. Forward-looking statementsinclude, but are not limited to, statements with respect to theability of the Company to file the Annual Filings and the anticipatedfiling date thereof. Forward-looking statements are necessarily basedupon a number of estimates and assumptions that, while consideredreasonable, are subject to known and unknown risks, uncertainties, andother factors which may cause the actual results and future events todiffer materially from those expressed or implied by suchforward-looking statements. Such factors include, but are not limitedto that the Company may experience additional delays as a result ofclosing its previously announced private placement and be unable tomake the Annual Filings as expected or within the times indicated.Although the Company believes that the expectations and assumptions onwhich such forward looking information is based are reasonable, unduereliance should not be placed on the forward looking informationbecause the Company can give no assurance that they will prove to becorrect. Forward looking statements contained in this press releaseare made as of the date of this press release. The Company disclaimsany intent or obligation to update publically any forward lookinginformation, whether as a result of new information, future events orresults or otherwise, other than as required by applicable securitieslaws. Readers should consult all of the information set forth hereinand should also refer to the risk factors disclosure outlined in thereports and other documents the Company has filed on SEDAR, availableat www.sedar.com.

Neither the Canadian SecuritiesExchange nor its Regulation Service Provider (as that term is definedin the policies of the Canadian Securities Exchange) acceptsresponsibility for the adequacy or accuracy of this pressrelease.

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