SCOTTSDALE, AZ — (Marketwired) — 10/22/14 — Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh addresses shareholder comments and concerns:Dear Shareholders,Last week, shareholders passed a vote to increase our authorized shares and approve a reverse split of the common shares of Lithium Exploration Group. I want to address these issues by commenting on each of them individually. It is also important for you to note that I abstained from voting any of the shares that I control for b
PHOENIX, AZ — (Marketwired) — 10/21/14 — On Wednesday of last week, Lithium Exploration Group, Inc. (OTCQB: LEXG) filed its annual Form 10K. In Note 14 of the Financial Statements, the revenue from operations at Tero Oilfield Services ("Tero") is reported. From March through June 2014, Tero generated $408,714 from operations. It is expected that third and fourth quarter financial statements will show an additional increase in revenue."Traditionally the revenue generated in the
PHOENIX, AZ — (Marketwired) — 10/17/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced today the results of its shareholder Special Meeting held on October 14, 2014 (the "Meeting"). Shareholders of the company considered and approved resolutions in favor of an amendment to the company–s Articles of Incorporation for the increase in the company–s authorized capital to 2,000,000,000 shares of common stock (the "Amendment"). The Amendment was approved by 71.73% o
SCOTTSDALE, AZ — (Marketwired) — 10/08/14 — Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh discusses ongoing business activity in his October 2014 newsletter:Dear Shareholders,Later today we will be filing our June 30, 2014 10K. This is obviously a time-consuming effort, as busy as we have been over the past 12 months. However, it is a much more thorough and appropriate way for you to extract information about our company than a monthly letter to shareholders.In the most recent
PHOENIX, AZ — (Marketwired) — 09/30/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced that yesterday it entered into a securities purchase agreement to raise the $500,000 required to exercise the option to purchase an additional 25% of Tero Oilfield Services ("Tero"). Alta Disposal, a wholly owned subsidiary of Lithium Exploration Group, acquired 50% of Tero on March 1, 2014 with a 12-month option to acquire an additional 25%. The financing is scheduled to come in over t
PHOENIX, AZ — (Marketwired) — 09/29/14 — Lithium Exploration Group, Inc. (OTCQB: LEXG) announced that it has postponed a special meeting of stockholders originally scheduled to take place last week. The meeting will be held on Tuesday, October 14, 2014, at 10:00 AM (PDT/local time) at 400 – 570 Granville Street, Vancouver, British Columbia V6C 3P1. The Company fixed the close of business on September 8, 2014 as the record date for determining the stockholders entitled to notice of the Meetin
SCOTTSDALE, AZ — (Marketwired) — 12/16/13 — Lithium Exploration Group Inc. (OTCQB: LEXG) announced today that it has come to a verbal agreement that could lead to the acquisition of three new waste disposal facilities in Western Canada. Management of Alta Disposal and another company met on Friday in Calgary, and they agreed upon terms whereby Alta Disposal will operate three Class 1b disposal facilities (two in Alberta and one in British Columbia) beginning January 1, 2014 and will have the
SCOTTSDALE, AZ — (Marketwired) — 12/10/13 — Lithium Exploration Group Inc. (OTCQB: LEXG) announced today that it is ready to resume disposal of produced water at its Morinville facility. The facility has been ready to go for three weeks but was not winterized and, due to the extremely cold conditions, resumption of operation was put on hold until propane tanks could be installed on site to heat the tanks and pipes. The propane tanks were secured today and resumption of operation is imminent.
SCOTTSDALE, AZ — (Marketwired) — 12/05/13 — Lithium Exploration Group Inc. (OTCQB: LEXG) announced today that its partners at GD Glottech International Ltd. (GDGI) have completed machining, balancing, and reassembly of the Ultrasonic Generator. All major components are now at their facilities in Houston and the unit is now complete. The inventor is on site, and, together with the lead engineers, he has completed the final orders for remaining safety and data monitoring gauges. Final testing
SCOTTSDALE, AZ — (Marketwired) — 11/25/13 — This past summer, Lithium Exploration Group Inc. (OTCQB: LEXG) established Alta Disposal, a wholly-owned subsidiary headquartered in Alberta, Canada to operate the waste disposal facilities acquired in Western Canada. Alta Disposal has already purchased one facility near Morinville, AB, which has been returned to active status and staffed to bring in revenue in December. It has also entered into an LOI to acquire a second facility near Wardlow, AB,
