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Lithium Exploration Group Pays for Manufacturing of Ultrasonic GeneratorSCOTTSDALE, Ariz. --(Business Wire)-- Lithium Exploration Group (OTCBB: LEXG) announces that on May 31st it activated its exclusivity agreement with Glottech USA by paying for the licensing and manufacturing of a fourth generation ultrasonic generator to assist in the extraction and separation of lithium at its Valleyview Project in Alberta. "This is a critical step in the process of bringing the Valleyview Project to production. We are excited that the Glottech team can move forward on producing our unit. I can now focus all of my efforts on the next steps in the process, which are completing the resource estimate and hiring a laboratory partner to design the separation techniques for the production of lithium carbonate from the concentrated slurry," said Lithium Exploration Group CEO Alex Walsh. About Us Lithium Exploration Group is a US based exploration and development company focused on the acquisition and dvelopment 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 and South America properties. Lithium Exploration Group is a fully reporting company traded on the Nasdaq OTCBB under the symbol LEXG. Website: www.lithiumexplorationgroup.com Safe Harbor Statement 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.
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