SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
 
Lithium Exploration Group, Inc
(Name of Issuer)

Common Stock $0.0001 value per share
(Title of Class of Securities)
 
53680P308
(CUSIP Number)

May 5, 2016
(Date of Event Which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[   ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[   ] Rule 13d-1(d)
 
 
*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).
CUSIP NO.   53680P308
13G
Page 2 of 5 Pages

1
NAMES OF REPORTING PERSONS S.S. OR
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
 
Toledo Advisors LLC
47-1418462
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a) [   ]
(b) [   ]
3
SEC USE ONLY
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Nevada
 
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
0
 
6
SHARED VOTING POWER
 
0
 
7
SOLE DISPOSITIVE POWER
 
0
 
8
SHARED DISPOSITIVE POWER
 
0
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
Toledo Advisors LLC has rights under a convertible note to own a aggregate number of share of the issue common stock not to exceed 9.9 percent of shares outstanding
 
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
 
 
[   ]
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
9.9%*
 
12
TYPE OF REPORTING PERSON
 
Limited Liability Company
 

*
On the day of the event which requires filling of this statement, reporting person Toledo Advisors LLC has rights under a convertible note to own an aggregate number of shares of the issues common stock not to exceed 9.9 percent of shares outstanding
CUSIP NO.   53680P308
13G
Page 3 of 5 Pages

Item 1.   (a)   Name of Issuer:

Lithium Exploration Group, Inc.
 
(b) Address of Issuer’s Principal Executive Offices:

3800 North Central Ave Suite 200
Phoenix, AZ 85012

Item 2.   (a)   Name of   Person Filing:

Toledo Advisors LLC

(b) Address of Principal Business Office or, if None, Residence:

641 5 th St
Lakewood, NJ 08701
 
(c) Citizenship:

Nevada

(d) Title of Class of Securities:

Common

(e) CUSIP Number: 53680P308
 
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

(a)   [   ]   Broker or dealer registered under Section 15 of the Exchange Act.
 
(b)   [   ]   Bank as defined in Section 3(a)(6) of the Exchange Act.
 
(c)   [   ]   Insurance company as defined in Section 3(a)(19) of the Exchange Act.
 
(d)   [   ]   Investment company registered under Section 8 of the Investment Company Act.
 
(e   [   ]   An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
(f)   [   ]   An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
(g)   [   ]   A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
(h)   [   ]   A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
 
(i)   [   ]   A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
 
(j)   [   ]   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
CUSIP NO.   53680P308
13G
Page 4 of 5 Pages

Item 4. Ownership.

   
XXXXX
XXXXX
(a)
Amount beneficially owned:
0
xxxxxxxx
(b)
Percent of class:
9.9%*
x.xx%
(c)
Number of shares as to which the person has:
   
 
(i)
Sole power to vote or to direct the vote:
0
xxxxxxxx
 
(ii)
Shared power to vote or to direct the vote:
0
xxxxxxxx
 
(iii)
Sole power to dispose or to direct the disposition of:
0
xxxxxxxx
 
(iv)
Shared power to dispose or to direct the disposition of:
0
xxxxxxxx

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [   ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

 Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not applicable

Item 8. Identification and Classification of Members of the Group.

Not applicable

Item 9. Notice of Dissolution of Group.

Not applicable
 
*
On the day of the event which requires filling of this statement, reporting person Toledo Advisors LLC has rights under a convertible note to own an aggregate number of shares of the issues common stock not to exceed 9.9 percent of shares outstanding

CUSIP NO.   53680P308
13G
Page 5 of 5 Pages

Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
Company Name
 
       
 
By:
/s/ Moshe Mueller
 
 
Name:
Moshe Mueller
 
 
Title:
Managing Member
 
       
 
Date:
May 5, 2016