businesspress24.com - Lithium Exploration Group Updates Progress on Liquid Waste Disposal Facility
 

Lithium Exploration Group Updates Progress on Liquid Waste Disposal Facility

ID: 1244118

(firmenpresse) - SCOTTSDALE, AZ -- (Marketwired) -- 07/10/13 -- Lithium Exploration Group Inc. (OTCQB: LEXG) (OTCBB: LEXG) announced today that site work at the disposal facility near Edmonton, AB, will begin in the next few weeks to bring the facility to operational status. The initial site work will include running tests for injectivity pressure and well integrity. Once the initial work has been completed, an application to resume operations will be submitted to the provincial regulators. The goal is to begin injection of produced water in August.

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 its Western Canada lithium assets, testing its Ultrasonic Generator Technology and the acquisition of oil and gas related assets in Western Canada. Lithium Exploration Group is a fully reporting company traded on the OTCQB under the symbol LEXG. Website: .

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, including but not limited to the completion, testing, transportation, and final installation of the unit.

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.



Shanon Chilson
480-641-4790


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Datum: 10.07.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 1244118
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SCOTTSDALE, AZ


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Forest and Paper Products


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