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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: Lithium Exploration Group Announces Elimination of $584,000 in Convertible Debt and Significantly Strengthens Balance Sheet 06/05/2015 09:10:14 AM
LEXG News: Quarterly Report (10-q) 05/22/2015 09:46:53 AM
LEXG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/18/2015 01:58:54 PM
#15192  Sticky Note MUST READ. I wanted to get in this Investo7 05/01/15 10:43:18 AM
#16997   We have moderators on the board that work SLH 07/03/15 04:37:30 PM
#16996   keep posts on topic and they wont get James Russler 07/03/15 01:39:51 PM
#16995   no it is not..A/S is like a credit SLH 07/03/15 11:43:42 AM
#16994   Share Structure James Russler 07/03/15 12:41:56 AM
#16993   129 million strong is alstocks 07/02/15 03:32:48 PM
#16992   quiet before the week??? transform 07/02/15 12:58:56 PM
#16991   No comments today XD forestli 07/02/15 10:49:15 AM
#16990 TdTOS 07/02/15 02:10:19 AM
#16989   Soncav vid at xylem sounds like initial startup TdTOS 07/02/15 01:49:01 AM
#16988   nice pick up...wonder who sold. transform 07/01/15 05:46:45 PM
#16987   LEXG - Transform... happy it got to 4 lodoguy 07/01/15 04:58:14 PM
#16986   LEXG - If the SonCav UT devices are lodoguy 07/01/15 04:56:27 PM
#16985   lodoguy All sounds great; to finance the add'l Will37 07/01/15 04:24:47 PM
#16984   Come on finish strong LEXG! Can't wait for Spilledpaintstudios 07/01/15 04:00:23 PM
#16983   Could the ~20 mil at 0004 today be transform 07/01/15 03:01:29 PM
#16982   back up to .0006 skyesfan1 07/01/15 02:49:40 PM
#16979  Restored Ultra long hold digging the "cracking" ability and TdTOS 07/01/15 02:08:53 PM
#16978   THAT SEEMS TO BE A TWO WAY STREET meiko83 07/01/15 01:53:34 PM
#16977   PERHAPS, BUT AT THIS TIME ONLY AN ASSUMPTION co pilot 07/01/15 01:50:34 PM
#16976   AMEN LODOGUY meiko83 07/01/15 01:48:06 PM
#16975   LEXG - No WHINING ALLOWED... LONGS and ULTRALONGS lodoguy 07/01/15 01:44:38 PM
#16974   LEXG - Our partners SonCav received financing in lodoguy 07/01/15 01:41:58 PM
#16973   LEXG - June 30th 10-K for LEXG is lodoguy 07/01/15 01:09:07 PM
#16971   LEXG - LOL!!! What a bunch of SHORT lodoguy 07/01/15 01:00:22 PM
#16970   These penny stocks are all the same when Gman3343 07/01/15 12:46:50 PM
#16969   Wrong on both: it's not early in the Devo33 07/01/15 12:27:41 PM
#16968   Dilution is done.....for now. Dilutive debt has been Devo33 07/01/15 12:15:21 PM
#16967   no possible way, lets see whos right skyesfan1 07/01/15 12:12:55 PM
#16966   RELAX, IT'S STILL EARLY IN THE YEAR, LEXG co pilot 07/01/15 12:01:06 PM
#16965   Yep, it's crazy anybody still believes anything the UserAlias1 07/01/15 11:38:55 AM
#16964   you also said .0001 skyesfan1 07/01/15 11:35:02 AM
#16961   Attacking the 4's I see , Maybe testing The Big Wheel 07/01/15 11:30:31 AM
#16960   AS I SAID THE OTHER DAY, BY END co pilot 07/01/15 10:58:47 AM
#16959   .0008 high this week actually, skyesfan1 07/01/15 10:19:15 AM
#16958   co-pilot, this post comes as close to "hitting chemist72 07/01/15 09:42:12 AM
#16956   Below .0006 best price imo M-invest 06/30/15 10:01:50 PM
#16955   Parabolic , relax , no dilution , sell M-invest 06/30/15 10:00:29 PM
#16953   63 m shs on bid at .0004 alstocks 06/30/15 04:04:41 PM
#16952   lexg etrade lev 2 montage .0004 old Mt 06/30/15 03:37:27 PM
#16950   LEXG - Chemist - Agreed!!! It appears Alex lodoguy 06/30/15 01:57:20 PM
#16948   Some people are destined to be grounded for The Big Wheel 06/30/15 01:39:24 PM
#16946   I hope good news is just a matter transform 06/30/15 01:25:33 PM
#16944   Looks as if .0003-.0004 is just around the co pilot 06/30/15 01:03:11 PM
#16943   good observations. however, to correct slightly, there was chemist72 06/30/15 12:36:29 PM
#16942   to me its obvious alstocks 06/30/15 11:39:50 AM
#16941   you had .0008 the other day, almost .001 skyesfan1 06/30/15 11:28:03 AM
#16940  Restored Totally wrong, Lexg won't hit a penny for co pilot 06/30/15 11:11:20 AM
#16939   OTC/pink down today M-invest 06/30/15 11:10:25 AM
#16938   What happen today , yesterday traded .0007/8 M-invest 06/30/15 11:07:46 AM
#16937   One tick flips aren't going to move this. MoneyMaker20 06/30/15 10:58:40 AM