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OWLI.CN ·

OWL Amends Terms Of Warrants To Extend Expiry Date

Share Capital & Compensation

Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-885-554-5065

www.oneworldlithium.com

ONE WORLD

LITHIUM

ONE WORLD LITHIUM AMENDS TERMS OF

WARRANTS TO EXTEND EXPIRY DATE

VANCOUVER, B.C., February 2 7, 2019 – One World Lithium Inc. (CSE -OWLI) (“OWL”) (the

“Company”) announces that it will be amending the terms of 100,000 share purchase warrants (the

“Warrant”) previously issued pursuant to a Credit Facility that closed on February 28, 2017. The

Warrants were originally exercisable by the holder at a price of $0.20 per common share in the capital

of the Company (each, a “Share”) for a period of two years from the date of issuance. The expiry date

of these Warrants will be extended by twenty -four months. Following the extension of the term of

the Warrants, each Warrant will entitle the holder thereof to acquire one Share at an issue price of

$0.20 per Share on or before February 28, 2020. All other terms and conditions of the Warrants will

remain the same.

About One World Lithium Inc.

OWL an exploration Company is focused on exploring and developing lithium projects of merit. It currently has

earned a 60% working interest in the 75,400 hectares (or 754 square kilometers which is 290 square miles )

Salar Del Diablo Property located in Baja California Notre, Mexic o with the right to earn an additional 30%

working interest.

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 [email protected]

Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian

securities legislation concerning the business of the OWL. Forward looking information is based on certain key expectations

and assumptions made by the management of the OWL, including the intention of OWL to proceed with the advancement

of the Property. Although OWL believes that the expectations and assumptions on which such forward looking information

is based are reasonable, undue reliance should not be placed on the forward -looking information because OWL can give

no assurance that they will prove to be correct. Forward looking statements contained in this press release are made as of

the date of this press release. OWL disclaims any intent or obligation to update publically any forward-looking information,

whether as a result of new information, future events or results or otherwise, other than as required by applicable securities

laws. There can be no assurance that such statements will prove to be accurate and actual results and future events could

differ materially from the those anticipated in such statements, important factors that could cause actual results to differ

materially from the company’s expectations include: (I) inability of OWL to execute its business plan and raise the required

financing and (II) risks and market fluctuations common to the mining industry and lithium sector in particular. The reader

Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-885-554-5065

www.oneworldlithium.com

ONE WORLD

LITHIUM

is cautioned that assumptions used in the preparation of any forward -looking information may prove to be incorrect.

Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known

and unknown risks, uncertainties, and other factors, some of which are beyond the control of the OWL. The reader is

cautioned not to place undue reliance on any forward-looking information contained in this press release.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian

Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Suite 615 – 800 West Pender Street, Vancouver, B.C. Canada, V6C 2V6 Telephone: 1-885-554-5065

www.oneworldlithium.com

ONE WORLD

LITHIUM