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Re: avocet post# 8526

Tuesday, 09/30/2014 11:41:08 AM

Tuesday, September 30, 2014 11:41:08 AM

Post# of 25284
Lmao, $LEXG selling ANOTHER $500K in shares! Pretty massive dilution right there! LEXG=POS

PHOENIX, AZ--(Marketwired - Sep 30, 2014) - 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 the next 90 days, with the transaction to be effective January 1, 2015.



Expect VFIN and VNDM on the ask DILUTING for the next 90 days and pushing down the share price lol.

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