ILI Imagine Lithium Inc

ILI Technologies ("ILI") (TSX VENTURE:ILI) is pleased to provide an update for
its business operations in Mexico through its wholly owned subsidiary "COTS".
Pemex has issued a number of orders for the purchase of flexible pipe totalling
approximately 7 km. The first project is located in San Fernando, Tamaulipas and
is approximately 2.64 km in length. Currently, 2 km of pipe has been
successfully installed and COTS is waiting for a directional drilling permit to
complete the remaining 600 meters. Directional drilling for this project
requires contractors to be fully trained prior to execution. New flexible pipe
technology requires extensive training to meet the high standards of Pemex and
COTS has played an active role through this process to ensure quality control
and overall compliance. The project is anticipated to be completed in
approximately 30 days.


Next week COTS will start the second project located in Monterrey totalling 1.8
km in length. The trench is being prepared up to 3 meters in depth to
accommodate the pipe and ILI anticipates the project will be completed and
tested in approximately 7 days.


A final project located in the Burgos sector totalling 2.5 km is scheduled to
commence in approximately 2 to 3 weeks after receipt of all permits. A further
progress update will be provided by ILI in due course.


Further to the news release of May 3, 2011, ILI is pleased to inform that funds
have been advanced to the Mexican contractor to start a pre construction project
for Pemex to execute on a work order issued by Schlumberger for commencement of
the project. ILI expects to have the project completed in approximately 60 days.


Phil D'Angelo states, "I am exceptionally pleased with the level of expertise
and the dedication associated with the projects in Mexico. There is a high level
of professionalism and the work to date is perceived to be beyond Pemex's
expectations. We will continue to deliver this high level of professionalism to
establish a high level of confidence to support all our business ventures in
Mexico".


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, anticipated sales of the company and completion
of installation projects. Although we believe that the expectations reflected in
the forward-looking information are reasonable, there can be no assurance that
such expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as those set out
in the forward-looking information. 


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: general economic conditions in Canada and Mexico and
globally; industry conditions, governmental regulation, including environmental
regulation; unanticipated operating events or performance; failure to obtain
industry partner and other third party consents and approvals, if and when
required; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility;
competition for, among other things, capital, skilled personnel and supplies;
changes in tax laws; and the other industry and geographic specific risk
factors. Investors are cautioned that this list of risk factors should not be
construed as exhaustive.  


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Investors are cautioned not to place undue reliance on
forward-looking information. 


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state of
the United States or any other jurisdiction outside of Canada in which such
offer, solicitation or sale would be unlawful. The securities have not been
registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act of 1933 and applicable state securities laws.

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