ILI Imagine Lithium Inc

ILI Technologies (TSX VENTURE:ILI) is pleased to announce that its 100% wholly
owned Mexican subsidiary Cdn Oilfield Technologies & Solutions S. de R.L de C.V.
("COTS") has received 3 new purchase orders to execute new projects in Mexico. 


The first purchase order is for the supply and installation of 3" Ansi 600 pipe
and connectors to install 1.863 km of Flexsteel(TM) Pipeline Products for the
well identified as ITA 28 owned and operated by Pemex, the state owned oil and
gas producer under contract to an established Mexican service company who has
been providing services in Mexico for over 30 years.


The second purchase order is for the installation of 6" Ansi 300 pipe and
connectors to service a direct assignment contract for $700,000 USD. The
contract is to be executed immediately with total re-payment in 90 days.


Installation of the wells identified by Pemex as Ectal 19, Sigma 19 and Cuitliac
660 totalling 6.938 km are now complete and tested to Pemex specifications ahead
of schedule, exceeding the expectations of the oil and gas producer. COTS is
waiting for the final convenio to be issued by the Recurso Materials Group
authorized by Pemex to execute the paperwork so the payment process can be
completed.


The third purchase order was received from an established construction company
with whom COTS has been working to provide continued pre-construction services.
The Company is contracted to Schlumberger, the largest oil and gas service
company in Mexico, under a Master Agreement issued by Pemex. COTS will earn a
fee under the terms of the agreement. The project has already commenced and is
expected to be completed in approximately 30 days. Payment is anticipated to be
completed in approximately 60 days. Specific terms cannot be disclosed under a
confidentiality agreement between the parties.


ILI is pleased to announce that the net proceeds for the first project totalling
$580,000 USD has been received in full.


Phil D'Angelo states, "ILI continues to execute on its business strategy and
build on its relationships in Mexico. The flexible pipe business is gaining
traction and confidence is building with Pemex as a result of our proven
successes. COTS has been a leader in Mexico working closely with Pemex to adopt
new technologies, proving these technologies and implementing new installation
techniques and test procedures which have resulted in significant savings
compared to previous processes that have been in place for decades. In addition,
COTS has diversified the pipe business to generate alternative revenue streams.
ILI will continue to identify new opportunities with the sole intention of
increasing shareholder value".


ILI is pleased to announce the launch of its revised website: www.ilitech.com to
better inform shareholders of the company's new direction, business structure
and activities. Final revisions are being made. We expect to launch this week.


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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