InvestorsHub Logo
Followers 176
Posts 24166
Boards Moderated 14
Alias Born 04/03/2002

Re: ProfitScout post# 24363

Wednesday, 10/11/2017 10:26:47 AM

Wednesday, October 11, 2017 10:26:47 AM

Post# of 25284
SONCAV MAKING FINAL PREPARATIONS FOR COMMERCIAL DEMONSTRATION AND CERTIFICATION OF WATER UNIT

Phoenix, AZ – October 11, 2017 -- Lithium Exploration Group Inc. (USOTC: LEXG) announced today that SonCav is in final preparations for the commercial demonstration and certification of their Water Unit. The goal of this demonstration phase is to provide operational performance to a number of prospective customers and to provide a setting where SonCav can customize a solution for each customer’s specific needs. The testing completed last year on the Oil Unit produced a lot of tangible data, but now SonCav is ready to perform a demonstration for the needs of potential commercial users of the technology.

“The SonCav team has been working tirelessly to get to this phase in the past few months. They have a number of potential customers who have been awaiting this demonstration phase, a huge step in their commercialization effort,” commented CEO Alex Walsh. “We are continuing to expand our outreach efforts to Canadian customers and other lithium companies so that we can bring them to Houston for their own demonstration of the SonCav technology. We are very excited to start collecting orders for SonCav units in the coming months.”

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 on testing the Sonic Cavitation Ltd. 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.