One World Lithium Provides Default Update

(TheNewswire)

VANCOUVER, BC – May 15, 2025 – TheNewswire - One World Lithium Inc. (CSE-OWLI)(OTCQB-OWRDF) (the “Company” or “OWL”) is providing a default status report in accordance with thealternative information guidelines set out in National Policy 12-203– Management Cease TradeOrders (“ NP 12-203 ”).

On May 1, 2025, the Company announced a temporarymanagement cease trade order (“ MCTO” ) on the basis that it was unable tofile its annual consolidated financial statements, accompanyingmanagement’s discussion and analysis and related CEO and CFOcertifications, for the year ended December 31, 2024 (the“ Annual Filings ”) within the extended deadline forfiling the same under British Columbia Instrument 51-515 - Temporary Exemption fromCertain Corporate Finance Requirements (“ BCI51-515 ”). The MCTO wasissued by the British Columbia Securities Commission on May 1, 2025and prohibits the Chief Executive Officer and Chief Financial Officerof the Company to trade the Company’s securities.

The Company confirms that there have been no materialchanges to the information contained in the Default Announcement orany other changes required to be disclosed under NP 12-203.

The Company anticipates that the Annual Filings will befiled on or before June 30, 2025. The Company will continue to providebi-weekly (“every two weeks”) updates, as required by NP 12-203,until the Annual Filings have been filed. The Company confirms it willcontinue to satisfy the provisions of the alternative informationguidelines set out in Sections 9 and 10 of NP 12-203 so long as itremains in default of the requirement to file the AnnualFilings.

About One World Lithium Inc.

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 Directorsof One World Lithium Inc.,

“Douglas Fulcher”

Douglas Fulcher, CEO and President

For further information please visit www.oneworldlithium.com or email [email protected] 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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