InvestorsHub Logo
Followers 177
Posts 24458
Boards Moderated 13
Alias Born 04/03/2002

Re: ProfitScout post# 9119

Thursday, 06/08/2017 9:22:13 AM

Thursday, June 08, 2017 9:22:13 AM

Post# of 9913
$LEXG LITHIUM EXPLORATION GROUP TO MEET WITH TEAMS FROM WHITE TOP OIL AND GAS AND SONIC CAVITATION LTD

TEMPE, AZ – June 08, 2017 - InvestorsHub NewsWire - Lithium Exploration Group Inc. (USOTC: LEXG) announced today that it would be holding meetings next week with its partners at Sonic Cavitation Ltd. and White Top Oil and Gas in Houston. They plan to discuss deploying Sonic Cavitation Ltd. units at a new oilfield in Louisiana for field demonstration, as well as using the facility for ongoing R&D purposes. Representatives from LEXG and Sonic Cavitation Ltd will be there for a period of two weeks meeting with all of the vendors working on the development of the market-ready technology unit, as well as making approvals for all of the final design of the unit and ongoing testing protocols.

“We are excited to have a stake in the field in Louisiana and to have a location just two hours from Houston to use as a future R&D facility for the next generation of units and other high-end applications for the Sonic Cavitation Ltd. technology,” commented CEO Alex Walsh. “Timing is everything, and when this opportunity came up, we could not pass on it. The team from White Top have been instrumental in assisting us over the past year in sourcing testing oil and they are very familiar with what we are collectively trying to accomplish with the proliferation of this game-changing technology.”

About Lithium Exploration Group
Lithium Exploration Group is a US-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 testing its SonCav Technology and the acquisition of oil and gas related assets in the US and Canada. Lithium Exploration Group is traded on the OTC Markets under the symbol LEXG.

Website: http://www.lithiumexplorationgroup.com.

Safe Harbor Statement

This news release contains "forward-looking statements". Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future testing of the ultrasonic technology.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of lithium prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Info
Shanon Chilson
480-641-4790
info@lithiumexplorationgroup.com

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.