One World Lithium – Progress Report

Feb 2, 2021

PROGRESS REPORT

February 01,2021

Financing

The current unit offering is $ 1,500,000 units priced at 5 cents with a full warrant priced at 10 cents with a three year term.

OWL has received $ 430,000 to date and is expecting to close on $ 350,000 for an estimated total of $ 780,000 in early February. OWL may complete its initial close for approximately $ 1,000,000 by February 15.

Critical Fluid Separation Technology

OWL plans to engage BC Research by February 05 to develop chemical processes, and to bench test before building a working pilot plant, and subsequently to scale up to a commercial production plant. Phase One or the Initial development program will take 8 weeks.

OWL has an agreement with West Peak Ventures of Canada to purchase 100% of the critical fluid Separation technology when patent applications are made. OWL will own 100% of the technology that is subject to 10% of net benefits of by using the technology expressed as a royalty which may be some 2% of net sales to a third party chemical engineer who developed the genesis of the technology.

Drilling at the Salar del Diablo lithium-brine property

On completion of the financing, OWL will contract with Layne Drilling. Montgomery & Associates, the Operator, will resume drilling at a location 50 kilometers south of previous drilling. The Operator prefers drilling at the south end of the property as there is evidence of historic and current hydrothermal activity that may be a source of lithium being delivered to the Salar del Diablo. Diamond drill hole – 3 (DDH-3) is planned to be drilled in March, 2021.

The location of DDH-3 is within 20,000 hectare or 78 square miles that is showing evidence of hydrothermal activity.

OWL currently owns a 60% property working interest. After drilling DDH-3, then OWL will own an 80% property working interest with the right to acquire a further 10% property working interest on receipt of a bankable feasibility study (BFS).

The mission is to drill a discovery while owning 80% of the property before seeking an industry partner.

The Salar del Diablo concessions are 103,450 hectares or 400 square miles and is located in the State of Baja California , Mexico.

Marketing

Cognitive Corporate Service in conjunction with ECMB Capital Partners will be initiating their marketing program in mid February.

Part of their marketing is a digital strategy that allows scalable growth using digital ads, landing pages, and automatic email strategies. They will have produced three short videos as well as banner ads. Their distribution network is 340 outlets globally. The focus is for the world to discover One World Lithium.

In conjunction with Cognitive, ECMB Capital will assist in raising u$ 1,000,000 of the current offering.

OWL continues to contract with other parties including Stockhouse, Kaywynn consultants, Earl Hope and GMur consultants.

further information:

OWL’s web site is www.oneworldlithium.com

Or [email protected]

Or please contact Earl Hope at either

[email protected] or

1-604-644-4380