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09/28/23 3:18 PM

#148 RE: nowwhat2 #147

/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/TORONTO--(BUSINESS WIRE)--$LEXI #argentina--Lithium Energi Exploration Inc. (TSXV: LEXI) (“LEXI” or the “Company”), a green energy company focused on the acquisition, exploration, and development of lithium brine assets in Argentina, announced today that it will form a special committee (the “Special Committee”) of independent directors to initiate with t he CEO a review process to explore, review and evaluate a broad range of strategic alternatives that may be available to the Company to unlock shareholder value.
The Special Committee’s strategic review process will encompass an evaluation of a full range of alternatives, including equity market transactions, disposition of certain assets, or a potential sale or merger, including an assessment of preliminary non-binding discussions with certain parties regarding an acquisition of all or substantially all of the Company’s assets or equity.