Mr. Brian Roth reports

THREE SIXTY ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Three Sixty Solar Ltd. (formerly Liberty One Lithium Corp.) has arranged a non-brokered private placement of a minimum of 1,587,301 and a maximum of 3,174,603 units of the company at a price of 63 cents per unit for aggregate gross proceeds of a minimum of $1-million up to a maximum of $2-million.

Each unit will comprise one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of 78 cents per warrant share for a period of 24 months from the closing date of the offering.

In connection with the offering, the company may pay certain finders a cash commission equal to 7 per cent of the aggregate gross proceeds raised from those purchasers introduced by such finders.

The company intends to use the proceeds raised from the offering for the procurement of sale of first commercial tower, vertical solar tower IP registration, research and development on second-generation tower, business development and marketing, and general corporate purposes. The offering may close in tranches. The offering is expected to close on or before May 26, 2023, or such earlier or later date that the company may determine. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the Cboe Canada.

The offering is being completed pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, and therefore the securities issued in the offering will not be subject to a hold period in accordance with applicable Canadian securities laws. There will be an offering document related to the offering that will be available under the company's profile on SEDAR and on the company's website. Prospective investors should read this offering document before making an investment decision.

About Three Sixty Solar Ltd.

Three Sixty Solar is an all-Canadian enterprise that focuses on solar equipment supply to the global market. The company's premier product line is the patent-pending SVS series commercial solar tower. According to Statistics MRC, the solar farm sector is set to grow to around $296-billion by 2028. Three Sixty Solar's unique tower concept is a high-density, clean energy solution that uses up to 90 per cent less land space than conventional solar farms and can co-locate adjacent to homes, retail, agriculture and industry, thus minimizing line loss and maximizing energy delivery in places where renewables have been difficult to install until now. In multitower applications, developers can utilize the spaces between towers to better leverage land assets through additional revenue generating activities. Designed to withstand major instances of extreme weather, Three Sixty Solar offers a clean energy solution with minimal environmental and habitat impact.

We seek Safe Harbor.