LITHIUM EXPLORATION GROUP ENGAGES BITCOIN PIONEER BEN KRAUS TO EVALUATE ENTRY INTO BITCOIN MINING SPACE
January 10 2018 - 9:00AM
InvestorsHub NewsWire
Lithium Exploration Group Engages Bitcoin
Pioneer Ben Kraus to Evaluate Entry into Bitcoin Mining
Space
Phoenix, AZ
January
10, 2018 Lithium Exploration
Group (USOTC: LEXGD) announced today that
it has
engaged Bitcoin and Blockchain pioneer Ben Kraus to evaluate
entry into the Bitcoin mining space. The company is
evaluating establishing mining operations in Arizona and will
utilize Mr. Kraus and his industry knowledge to ensure that it is
making appropriate strategic and operational decisions as it enters
the market.
"Lithium
Exploration Group has always been looking to pioneer innovative
concepts and
technologies. Bitcoin and cryptocurrency will become another one of
our ventures to complement the oil and
gas investments we have made, and the distribution of the
SonCav technology," commented CEO Alex Walsh. "Based on our
research, Phoenix, Arizona could be the new Silicon Valley of
cryptocurrency mining. We feel that we are in a position to take
advantage of our geographic location and market conditions to
provide enhanced shareholder value by entering the market. We also
feel that we are in great hands with Mr. Kraus and his industry
expertise guiding the way."
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 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