Lithium Exploration Group Announces Successful Testing of Oil Unit in Dallas
ACCESSWIRE - Tue Jun 16, 12:58PM CDT
PHOENIX, AZ / ACCESSWIRE / June 16, 2015 / Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG) announced today that testing of the SonCav Oil Unit is going well. The SonCav team has now achieved significant heat increases with both the water and oil generators. After stress testing is complete, the SonCav Generator pump for oil is being skid mounted to the full Oil Unit package. The full Water Unit will continue under its planned 60-day stress testing, data collection and independent 3rd-party verification.
Lithium Exploration Group Announces Completion of Oil Unit Reassembly
ACCESSWIRE - Wed Jun 10, 12:59PM CDT
PHOENIX, AZ / ACCESSWIRE / June 10, 2015 / Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), announced today that reassembly of the oil unit in Spring, TX has been completed. The unit will immediately be shipped to Dallas, TX where it will be stress tested alongside the water unit that is already undergoing internal testing. While the unit is in Dallas it will undergo initial construction that is required before sending it to the field in Alberta. Pictures of the water unit are already up on the company's website and pictures of the oil unit will be posted over the next few days.
Lithium Exploration Group Announces Elimination of $584,000 in Convertible Debt and Significantly Strengthens Balance Sheet
ACCESSWIRE - Fri Jun 05, 7:46AM CDT
PHOENIX, AZ / ACCESSWIRE / June 5, 2015 / Lithium Exploration Group Inc. (PINKSHEETS: LEXG), announced today that since April 1 of this year, the company has retired $584,000 in dilutive convertible debt. The company is exploring options on retiring all of its dilutive debt and opportunistically acquiring oil and gas production in Western Canada.
Lithium Exploration Group Closes Sale of Interest in Tero Oilfield Services
ACCESSWIRE - Mon May 18, 7:47AM CDT
PHOENIX, AZ / ACCESSWIRE / May 18, 2015 / Lithium Exploration Group Inc. (PINKSHEETS: LEXG), announced today that on Friday, May 15, 2015, it closed on the transaction to sell its interest in Tero Oilfield Services. The sale will provide cash to the company that will fund the testing of the oil unit in Canada and operational expenses through the summer. The company does not intend to bring on any additional outside capital.
Lithium Exploration Group Announces Arrival of Replacement Shaft in Texas
ACCESSWIRE - Thu May 14, 7:46AM CDT
PHOENIX, AZ / ACCESSWIRE / May 14, 2015 / Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), announced today that the replacement shaft arrived at a regional FedEx hub in Texas yesterday, and it is expected to arrive at the facility in Spring, TX, on Friday. Reassembly will begin next week, and this is expected to take only a few business days. Once the repair is completed, the unit will again be shipped to Canada, where it will be field tested for upgrading crude oil.
Lithium Exploration Group CEO Distributes May 2015 Newsletter
ACCESSWIRE - Tue May 12, 10:08AM CDT
PHOENIX, AZ / ACCESSWIRE / May 12, 2015 / Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), CEO Alex Walsh discusses ongoing business activity in his May newsletter.
Lithium Exploration Group Technology Partner Announces It is Ready for Testing of Water Treatment Unit
ACCESSWIRE - Thu Apr 30, 9:40AM CDT
PHOENIX, AZ / ACCESSWIRE / April 30, 2015 / Lithium Exploration Group Inc. (OTCPINK: LEXG) announced today that technology partner SonCav completed the assembly of their water treatment unit in Dallas on Tuesday. They plan to initiate internal testing next week and will have demonstrations for their stakeholders and strategic partners to take place on May 14th and 15th. After those demonstrations have taken place they will stress test the unit internally for 30 days with the data collection taking place by an independent third party so they can publish their data to prospective customers.
Lithium Exploration Group Announces Replacement Parts Ready to Ship
ACCESSWIRE - Thu Apr 23, 7:45AM CDT
PHOENIX, AZ / ACCESSWIRE / April 23, 2015 / Lithium Exploration Group Inc. (PINKSHEETS: LEXG), announced today that the replacement shaft for the SonCav Ultrasonic Generator is ready to ship from the manufacturer's facility in Austria. (The unit was damaged in transit in February of this year.) While the shipment will still need to go through normal customs procedures, it is expected to arrive in Spring, TX, by the end of next week.
Lithium Exploration Group Divesting Disposal Assets
ACCESSWIRE - Mon Apr 20, 7:32AM CDT
PHOENIX, AZ / ACCESSWIRE / April 20, 2015 / Lithium Exploration Group Inc. (PINKSHEETS: LEXG), announced today that it is finalizing an agreement this week to sell its interest in Tero Oilfield Services. The goal of the transaction is to allow for that capital to pay for testing and corporate overhead. The company is focused on not taking on any more dilutive investment while imminent testing of the water unit in the US and the oil unit in Canada are taking place.
Lithium Exploration Group CEO Distributes April 2015 Newsletter
eTeligis - Tue Apr 14, 12:20AM CDT
PHOENIX, AZ, United States, via ETELIGIS INC., 04/09/2015 - - Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), CEO Alex Walsh discusses ongoing business activity in his April newsletter.