Lithium Exploration Group Technology Partner Announces It is
Ready for Testing of Water Treatment Unit
Phoenix, AZ -- April 30, 2015 -- InvestorsHub NewsWire --
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.
“We are excited for the upcoming demonstration and testing
schedule. The SonCav team and their manufacturing partner
have been working tirelessly to bring this unit to where it is
today,” commented CEO Alex Walsh. “We congratulate them on
their work and look forward to the data that they can produce that
will assist in bringing this disruptive technology to the market.
The Soncav/LEXG team should have the oil treatment unit up and
ready to test in the next handful of weeks with the goal of
providing parallel testing results to the water unit. It
should be an exciting few months ahead.”
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 its Western Canada lithium assets,
testing its Ultrasonic Generator Technology and the acquisition of
oil and gas related assets in Western Canada. Lithium Exploration
Group is a fully reporting company traded on the OTC Markets under
the symbol LEXG. Website: 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