SONCAV MAKING FINAL PREPARATIONS FOR COMMERCIAL DEMONSTRATION AND CERTIFICATION OF WATER UNIT
October 11 2017 - 9:22AM
InvestorsHub NewsWire
Phoenix, AZ – October
11, 2017 -- Lithium Exploration Group Inc. (USOTC: LEXG) announced today that SonCav is in
final preparations for the commercial demonstration and
certification of their Water Unit. The goal of this
demonstration phase is to provide operational performance to a
number of prospective customers and to provide a setting where
SonCav can customize a solution for each customer’s specific
needs. The testing completed last year on the Oil Unit
produced a lot of tangible data, but now SonCav is ready to perform
a demonstration for the needs of potential commercial users of the
technology.
“The SonCav team has
been working tirelessly to get to this phase in the past few
months. They have a number of potential customers who have
been awaiting this demonstration phase, a huge step in their
commercialization effort,” commented CEO Alex Walsh. “We are
continuing to expand our outreach efforts to Canadian customers and
other lithium companies so that we can bring them to Houston for
their own demonstration of the SonCav technology. We are very
excited to start collecting orders for SonCav units in the coming
months.”
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 testing
the Sonic Cavitation Ltd. technology and the acquisition of oil and
gas related assets in the US and Canada. Lithium Exploration Group
is 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