Lithium One Metals Inc. announced a private placement of up to 6,000,000 common shares at a price of CAD 0.25 per share for gross proceeds of up to CAD 1,500,000 on November 3, 2022. The securities issued under the financing will have a hold period of four months and one day from the date of issuance. The company may pay finder's fees and may issue finder's warrants in connection with the financing pursuant to the policies of the TSX Venture Exchange.

The transaction is subject to the acceptance of the TSX Venture Exchange.