Announced via a tweet from the game’s official twitter account, Life Is Strange’s third episode is coming out in May 2015, no exact date on the day.
It's great to hear so many of you are excited for Episode 3 which will be released in May! (official date TBA) pic.twitter.com/jIp7upU2u9
— Life Is Strange (@LifeIsStrange) April 17, 2015
For more info about the game, go here.