LITHIUM EXPLORATION GROUP ANNOUNCES
COMPLETION OF OIL UNIT REASSEMBLY
Phoenix, AZ -- June 10, 2015 -- InvestorsHub NewsWire -- Lithium
Exploration Group Inc. (OTCPINK:
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 companys website and pictures of the oil
unit will be posted over the next few days.
We are glad that the reassembly has been completed. The unit is
being sent to Dallas before it goes into the field because we want
to get performance data from it as soon as possible and streamline
some of the construction required to before sending it to the
field, commented CEO Alex Walsh. The water unit has been in
internal stress testing for 4 weeks now and has produced good
results. They have generated the heat increases required to flash
evaporate water and are presently tinkering with some of the
componentry involved in the process to gather more performance
data. None of the data will be released to the public until they
have an independent testing firm on site to verify and validate
their performance results. It is a very exciting time to be in the
water and oil technology business and we look forward to what the
future will bring to our company, our partners at SonCav, and our
shareholders.
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