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Lithium Exploration Group, Inc. (LEXG)

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Lithium Exploration Group is a U.S.-based exploration and development company focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. Currently, the company is focused on its Western Canada and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG.

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$LEXG recent news/filings


Tue, 11 Nov 2014 15:04:00 GMT ~ Lithium Exploration Group Discusses Technology, Hydraulic Fracturing, and Sustainability
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 11, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), has invested significant time and energy into an oil and gas technology to assist in the treatment of oilfield waste...
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Thu, 6 Nov 2014 15:50:00 GMT ~ Lithium Exploration Group CEO Distributes November 2014 Newsletter
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 6, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), CEO Alex Walsh discusses ongoing business activity in his November 2014 newsletter...
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Mon, 3 Nov 2014 14:50:00 GMT ~ Lithium Exploration Group Updates Shareholders on Status of Ultrasonic Technology
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / November 3, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announces an update on the status of teh SonCav Ultrasonic Generator ...
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Tue, 28 Oct 2014 12:48:00 GMT ~ Lithium Exploration Group Announces New Technology Partnership
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 28, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that it is in discussions with a Texas-based company with a proprietary chemical additive that ...
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Thu, 23 Oct 2014 13:10:00 GMT ~ Lithium Exploration Group CEO Purchases 2,500,000 Shares of Stock
[Accesswire] - PHOENIX, AZ / ACCESSWIRE / October 23, 2014 / Lithium Exploration Group, Inc. (OTCQB: LEXG), announced today that CEO Alex Walsh purchased 2,500,000 shares of common stock yesterday in the open market. ...
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Wed, 22 Oct 2014 12:45:00 GMT ~ Lithium Exploration Group CEO Responds to Shareholder Concerns 
[Marketwired] - Lithium Exploration Group Inc. CEO Alex Walsh addresses shareholder comments and concerns:
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Tue, 21 Oct 2014 17:04:11 GMT ~ LITHIUM EXPLORATION GROUP, INC. Financials
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Tue, 21 Oct 2014 12:15:00 GMT ~ Lithium Exploration Group Discusses Positive Revenue From Tero Operations
[Marketwired] - On Wednesday of last week, Lithium Exploration Group, Inc. filed its annual Form 10K. In Note 14 of the Financial Statements, the revenue from operations at Tero Oilfield Services is reported. From March ... read full:

$LEXG charts




Lithium Exploration Group: Technology Overview  (video)


We have one wholly-owned subsidiary, Alta Disposal Ltd., a company incorporated in the province of Alberta, Canada on July 8, 2011. This
subsidiary was formed to stake MAIM (Metallic and Industrial Mineral) rights in Alberta directly from the government. Alta Disposal Ltd. presently
holds approximately 550,000 acres of MAIM rights in Alberta that were staked between July and December of 2011. We also have a partially
owned subsidiary, Alta Disposal Morinville Ltd., an Alberta, Canada corporation, and a partially owned investment, Tero Oilfield Services Ltd., an
Alberta, Canada corporation.

Oilfield Waste Disposal
Wardlow Facility   (Tero Aquisition) Class 1B well Morinville Facility (BlueTap Resources Aquisition)
Class 1B well - limited Class 1A status

Lithium Exploration Group CEO Discusses Lithium Markets 8:45 AM ET 3/27/14 | Marketwire

Lithium Exploration Group Inc. (OTCQB: LEXG) CEO Alex Walsh discusses the recent activity and commentary around the lithium industry:

There have been a number of articles written in recent weeks about the lithium industry and I have personally received a huge influx of calls from shareholders and interested parties trying to get a handle on what is going on out there. I want to take a moment to answer some questions and comment on what is being reported in the media.

Tesla - Tesla's gigafactory concept is brilliant. It vertically integrates their operations, allowing for the Tesla brand to expand while controlling unnecessary third party costs and expenses in the supply chain.  
-- Supply and Demand Discussion    
-- Historically, lithium prices more than tripled over the 10-year period from 2000 to 2010. That demand was driven by iPods, cell phones, tablets, and laptops. There is roughly a two-year production cycle in the solar evaporation process to produce lithium from brine (which makes up a majority of the global supply of lithium) so, as demand increased, supply could not meet those needs, spawning huge spot price fluctuations.    
-- Prices have stabilized in recent years near $6,000/ton but there have been reports of oversupply recently holding prices steady even though electric vehicles have continued to grow in popularity. I expect that this will change rapidly perhaps more rapidly than people can quantify because the amount of lithium needed in a car battery is one hundred times the amount required for a laptop computer or a tablet. Supply needs must be initiated now to meet the 2017 goal of Tesla, and I believe that Tesla will begin to acquire as much lithium supply as it can get its hands on in North America to further the vertical integration of the electric vehicle production and insulate it from price volatility.
-- When will that happen?
 -- Only Elon Musk and his advisory team know for sure when this will happen, but it is not going to be an overnight decision. As they have with their expansion into the market, they will certainly look at all options, but I am confident that they will buy the lithium they need to run this gigafactory. SQM (Chile) is the largest producer of lithium in the world (and owned by Potash Corp of Saskatchewan). Tesla could easily acquire SQM and ensure their supply for decades to come. -- What does this mean for the rest of the global market? -- Strap on your seatbelts because there will be a frenzy of activity all over the globe trying to replace the 10,000 - 15,000 tons of lithium carbonate that Tesla will be consuming.
-- What does this mean for Lithium Exploration Group? -- I think that, at the end of the day, we have a separation technique designed to target lithium chloride and produce lithium carbonate, a 43-101 and hydrogeological study complete on the region and aquifer we are trying to target, and a technology that we hope will speed up the brine evaporation process from months to minutes. -- I don't know if Tesla will look to buy our knowledge, technology rights, our team, or our production but I do know that what they are doing to drive demand and visibility to the lithium exploration market will be good for us either way.
Sincerely, Alex Walsh CEO - Lithium Exploration Group, Inc


Lithium Exploration Group CEO Comments on Tesla's Lithium-Ion Battery Plans

SCOTTSDALE, AZ--(Marketwired - Mar 3, 2014) - On Friday, Tesla Motors Inc. CEO Elon Musk publicly discussed their plan to build the world's largest lithium-ion battery factory and locate it in the United States. At Lithium Exploration Group (OTCQBLEXG) we are very excited to see this development from one of the industry giants.

We started exploring the concept of low cost production of lithium carbonate in Canada in 2011 for exactly this moment in time. With the successful testing of the technology we intend to use to extract lithium from oilfield brine in Alberta, we are ready to continue with bench scale testing of the separation technique we designed in 2012 to target lithium, potassium, and other minerals.

Most of the global supply of lithium carbonate is produced in Chile and much of that production is spoken for by Asian manufacturers of lithium-ion batteries. Much like Mr. Musk, we feel very strongly that the demand for lithium-ion batteries will be driven by applications associated with solar and wind power, which require significantly greater amounts of lithium than car batteries.

Markets are driven by supply and demand. Mr. Musk, Tesla, and Solar City have just changed the demand for North American lithium for decades to come.

Alex Walsh
Lithium Exploration Group




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Current Price
Bid Ask Day's Range
LEXG News: Current Report Filing (8-k) 02/03/2016 05:01:26 PM
LEXG News: Amended Annual Report (10-k/a) 12/04/2015 04:44:13 PM
LEXG News: Annual Report (10-k) 12/03/2015 02:22:39 PM
LEXG News: Current Report Filing (8-k) 09/30/2015 06:09:27 AM
#19083   Since u apparently can't read the 51wk low Honeybooboo 02/05/16 07:33:25 PM
#19082   LEXG near 52 week lows. Looks like insiders katiesdad7 02/05/16 04:55:34 PM
#19081   LEXG share structure is extremely tight after that Honeybooboo 02/05/16 03:15:10 PM
#19080   LEXG looking good here!!! very thin.... good news MamaJune 02/05/16 02:32:45 PM
#19079   check the 8k filing. They are going Dor 02/05/16 02:20:26 PM
#19078   another run? transform 02/05/16 01:22:06 PM
#19077   $WEEEEEEEEEEEEEEEEEEEEE !!! freshy 02/05/16 12:58:22 PM
#19076   there's no stock quite like this one! transform 02/05/16 12:47:02 PM
#19075   LEXG up 72% ($.14) today!! chemist72 02/05/16 12:40:22 PM
#19074   UP and away!! transform 02/05/16 12:27:14 PM
#19073   The 8k is pretty funny. Just a bunch transform 02/04/16 10:05:59 PM
#19072   Let's POP this stock!! #lithium exploration group Hellgirl 02/04/16 07:25:04 AM
#19071   LEXG the birdies are starting to chirp... think MamaJune 02/03/16 05:20:37 PM
#19070   Nice to see you back lodg. Coon old Mt 02/03/16 01:45:09 PM
#19069   LEXG is a Venus Flytrap swallowing naïve investors. avocet 02/03/16 01:22:53 PM
#19068   I'm still here ultra long too. Unenthusiasticly optimistic. Devo33 02/03/16 10:31:01 AM
#19067   LEXG - been away with new baby and lodoguy 02/03/16 01:19:29 AM
#19066   A volcanic PPS eruption could come here at transform 02/02/16 10:07:56 PM
#19065   Trending Lower!!!! Sup penny levels will be here katiesdad7 02/02/16 05:06:14 PM
#19064   One day pop and drop! ... people should katiesdad7 02/02/16 04:58:48 PM
#19063   Comon lexg !!!! Ask is thin.... an increase MamaJune 02/02/16 04:26:50 PM
#19062   LEXG ready to POP again?? transform 01/27/16 09:21:18 PM
#19061   Im guessing we make a new 52week low katiesdad7 01/27/16 04:43:27 PM
#19060   LOOKS like lexg is ready to move again!!!! MamaJune 01/27/16 03:35:18 PM
#19059   LEXG nice bid building.... CHART primed for a MamaJune 01/27/16 03:25:11 PM
#19057   Great! Hellgirl 01/27/16 09:11:11 AM
#19056   He's an Expert? NOT....I sense interesting things in SLH 01/27/16 08:52:24 AM
#19055   LEXG major dilution and subpenny coming soon IMO katiesdad7 01/26/16 08:19:12 PM
#19054   LEXG someone quietly accumulating here! Chart Looks great MamaJune 01/26/16 07:05:00 PM
#19053   I think we are pass that...field applications usually SLH 01/26/16 01:38:04 PM
#19052   Yes. A reputable testing company will not Devo33 01/26/16 12:03:07 PM
#19051   Testing will cost money. chemist72 01/26/16 11:47:48 AM
#19050   IMO Walsh lost his credibility by trying to Devo33 01/26/16 11:39:56 AM
#19049   LEXG ... Accumulation been going on... freshy 01/26/16 10:18:04 AM
#19048   Well someone wants in: 0.140 +0.040 (40.00%) nice SLH 01/26/16 09:59:42 AM
#19047   This perspective is understandable, and I tend to transform 01/26/16 09:56:24 AM
#19046   Longs deserve a successful UT testing regime. chemist72 01/26/16 08:25:27 AM
#19045   Agreed. There will be some more dilution but Devo33 01/25/16 02:38:19 PM
#19044   ?? Blindtrade15 01/20/16 05:51:41 PM
#19043   When will LEXG dilution resume? Answer follows: chemist72 01/20/16 12:50:06 PM
#19042   sources>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> TdTOS 01/20/16 12:26:25 PM
#19041   "hope to recap all of our outstanding obligations" chemist72 01/20/16 12:25:46 PM
#19040   Finally!! GO LEXG Hellgirl 01/20/16 08:41:45 AM
#19039   LEXG SONCAV NEWS/UPDATE JUST RELEASED!!! the bull 01/20/16 08:26:05 AM
#19038   Does this promote Will37 01/19/16 08:35:48 PM
#19037   UP up and AWAY!! GO LEXG Hellgirl 01/19/16 04:50:19 PM
#19036   SonCav has been the problem all along....not Walsh....not Devo33 01/19/16 04:15:38 PM
#19035   source? transform 01/19/16 03:39:17 PM
#19034   not good here IMO... swanson was suspended pending TdTOS 01/19/16 02:09:00 PM
#19033   today could be a GOOD DAY!!! transform 01/19/16 10:53:05 AM