LITHIUM EXPLORATION GROUP ANNOUNCES
SUCCESSFUL TESTING OF OIL UNIT IN DALLAS
Phoenix, AZ -- June 16, 2015 -- InvestorsHub NewsWire -- Lithium
Exploration Group Inc. (OTCPINK:
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.
We are excited to finally be at this stage that has been months
and years in the works of testing the oil and water units and are
on the path to commercialization of both, commented CEO Alex Walsh.
There is a video for public
consumption posted on you tube of the steam billowing out of the
unit in Dallas. The video is raw footage, SonCav should be
posting a professionally edited version soon. Stay tuned because
the next few months should be very exciting for all of us. I will
be working on an Annual Shareholder Letter to provide more
information on testing and a macro update on the state of the
company in the next few weeks.
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