Lithium Exploration Group CEO Distributes May 2016 Newsletter
ACCESSWIRE - Tue Jun 21, 8:00AM CDT
PHOENIX, AZ / ACCESSWIRE / June 21, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) CEO Alex Walsh updates shareholders on company activities.
Lithium Exploration Group Identifies Oil Investment
ACCESSWIRE - Tue May 10, 8:01AM CDT
PHOENIX, AZ / ACCESSWIRE / May 10, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) announced today that it has identified an opportunity to invest in an oil and gas property. The company has been looking for opportunities to invest in distressed oil properties for the past few months. The project will give the company control of a small field where it will derive 100% of the revenue proceeds until the investment is paid back, and will then keep 75% of the revenue for the life of the wells. The company is in discussions with investors now about funding the investment via a subsidiary, giving the investors security over the assets until the debt is retired.
Lithium Exploration Group Provides Update on Oil Unit
ACCESSWIRE - Wed Apr 06, 1:02PM CDT
PHOENIX, AZ / ACCESSWIRE / April 6, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) updated shareholders this morning about progress with the oil unit. The oil unit and motor are presently being mounted on a small skid at the facility in Spring, TX, where they were assembled and have been stored for the past few months. The SonCav and LEXG teams are meeting in Houston next week with fabrication shops to complete the assembly and testing design work. The initial testing of the oil unit will more than likely take place in Houston before being deployed to the field.
Lithium Exploration Group CEO Distributes March 2016 Newsletter
ACCESSWIRE - Wed Mar 23, 1:16PM CDT
PHOENIX, AZ / ACCESSWIRE / March 23, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) CEO Alex Walsh updates shareholders on company activities.
Lithium Exploration Group CEO Distributes January 2016 Newsletter
ACCESSWIRE - Wed Jan 20, 7:02AM CST
PHOENIX, AZ / ACCESSWIRE / January 20, 2016 / Lithium Exploration Group Inc. (OTCPINK: LEXG) CEO Alex Walsh updates shareholders on company activities.
Lithium Exploration Group CEO Addresses Shareholders Regarding 10K Filing and Debt Consolidation
ACCESSWIRE - Thu Nov 12, 1:05PM CST
PHOENIX, AZ / ACCESSWIRE / November 12, 2015 / Lithium Exploration Group Inc. (OTCPINK: LEXG) CEO Alex Walsh updates shareholders on status of annual audit and debt consolidation.
Lithium Exploration Group Provides Timing Update on Technology Unit
ACCESSWIRE - Fri Nov 06, 7:31AM CST
PHOENIX, AZ / ACCESSWIRE / November 6, 2015 / Lithium Exploration Group Inc. (OTCPink:LEXG) (PINKSHEETS: LEXG) updated shareholders this morning about progress with the oil unit. The oil unit is being balanced today and tomorrow and will be reassembled next week at the shop in Houston. The company is making final preparations and part orders to get the unit ready for field-testing.
Lithium Exploration Group CEO Distributes November 2015 Newsletter
ACCESSWIRE - Mon Nov 02, 7:31AM CST
PHOENIX, AZ / ACCESSWIRE / November 2, 2015 / Lithium Exploration Group Inc. (OTCPink:LEXG) (PINKSHEETS: LEXG) CEO Alex Walsh updates shareholders on company activities.
Lithium Exploration Group Announces Distribution of Testing Video
ACCESSWIRE - Thu Aug 06, 7:45AM CDT
PHOENIX, AZ / ACCESSWIRE / August 6, 2015 / Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), announced today that technology partner SonCav has posted videos of the ongoing testing in Dallas, Texas. The videos can be found on YouTube on Sonic Cavitation's YouTube channel or by following this link.
Lithium Exploration Group Updates Shareholders on Stress-Testing of Ultrasonic Generator
eTeligis - Wed Jul 22, 9:59AM CDT
PHOENIX, AZ, United States, via ETELIGIS INC., 07/22/2015 - - Lithium Exploration Group Inc. (OTC Pink: LEXG) (PINKSHEETS: LEXG), announced today that stress-testing of the SonCav unit is continuing in Dallas, TX through the month of August. The company reported in June on the successful testing of both the water unit and the oil unit at the manufacturer's facility in Dallas. The water unit testing began in May and, after running the unit for a number of weeks, the unit was disassembled and inspected for wear and tear. The water unit is being put back together now and stress-testing should resume next week. The oil unit was also successfully tested at the facility in June using fresh water, to ensure that there were no issues with the unit after the over-the-road accident in February.
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
eTeligis - Fri Jun 05, 7:30AM CDT
PHOENIX, AZ, United States, via ETELIGIS INC., 06/05/2015 - - Lithium Exploration Group Inc. (OTC Pink: LEXG) (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.