Lithium Exploration Group Inc. (fka LEXG)

[BigBadWolf]

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

During the three months ended December 31, 2016 through to the date of this report, we made the following issuances of securities which were not registered under the Securities Act:

On October 19, 2016 we issued 8,111,620 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On October 24, 2016 we issued 8,100,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On October 25, 2016 we issued 8,300,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On October 26, 2016 we issued 8,512,760 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On October 26, 2016 we issued 8,500,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On October 28, 2016 we issued 9,734,120 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 1, 2016 we issued 10,300,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 2, 2016 we issued 10,661,080 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 9, 2016 we issued 12,207,120 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 14, 2016 we issued 12,500,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.


On November 15, 2016 we issued 12,787,240 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 22, 2016 we issued 14,056,700 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 23, 2016 we issued 13,800,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 28, 2016 we issued 12,729,680 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 30, 2016 we issued 15,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On November 30, 2016 we issued 12,474,080 common shares at a deemed price of $0.00075 per share for promissory note conversion.

On December 5, 2016 we issued 14,470,200 common shares at a deemed price of $0.00075 per share for promissory note conversion.

On December 8, 2016 we issued 17,800,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On December 8, 2016 we issued 16,046,133 common shares at a deemed price of $0.00075 per share for promissory note conversion.

On December 9, 2016 we issued 17,700,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On December 14, 2016 we issued 20,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On December 14, 2016 we issued 20,765,493 common shares at a deemed price of $0.00075 per share for promissory note conversion.

On December 20, 2016 we issued 22,300,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On December 27, 2016 we issued 22,023,125 common shares at a deemed price of $0.00065 per share for promissory note conversion.

On January 2, 2017 we issued 24,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 4, 2017 we issued 23,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 5, 2017 we issued 25,014,107 common shares at a deemed price of $0.00065 per share for promissory note conversion.


On January 13, 2017 we issued 28,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 17, 2017 we issued 28,598,938 common shares at a deemed price of $0.00065 per share for promissory note conversion.

On January 19, 2017 we issued 26,063,507 common shares at a deemed price of $0.00065 per share for promissory note conversion.

On January 19, 2017 we issued 31,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 20, 2017 we issued 14,956,600 common shares at a deemed price of $0.00065 per share for promissory note conversion.

On January 23, 2017 we issued 32,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 24, 2017 we issued 23,441,660 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 25, 2017 we issued 34,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 30, 2017 we issued 30,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On January 31, 2017 we issued 34,031,250 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On February 6, 2017 we issued 38,625,200 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On February 8, 2017 we issued 35,000,000 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On February 13, 2017 we issued 44,588,820 common shares at a deemed price of $0.0005 per share for promissory note conversion.

On February 6, 2017 the Company issued 10,864,000 common shares at a deemed price of $0.00125 per share for promissory note conversion.

We completed the above described issuances of common shares in reliance on Rule 506 under Regulation D and/or Section 4(2) of the Securities Act of 1933.

We completed the above described issuances of common shares in reliance on Rule 506 under Regulation D and/or Section 4(2) of the Securities Act of 1933.

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