SCOTTSDALE, Ariz., March 15, 2013 /PRNewswire/ -- Prime Equity Research and writer Christopher Engleman have recently published an independent research article on Lithium Exploration Group (OTCQB: LEXG) titled, "An Impressive Turnaround in the Making for Lithium Exploration Group, Inc.". Follow this link to read the full report. The company recommends that investors also go to www.sec.gov to pull the most recent Form 10Q which provides detailed updates on mineral permit holdings, contracts, and management discussion on company activity.
"I think that articles like this are great for our visibility but should not replace due diligence that can be done through our SEC filings. In recent weeks we have been discussing expanded strategies that will provide further diversification giving our company multiple opportunities to provide value to our shareholders. These strategies will be discussed in detail in our next Form 10Q," commented CEO Alex Walsh. "Yesterday we engaged a group in Philadelphia to fix the shaft for our water unit. We also have begun development on the oil unit which will be manufactured and assembled here in Phoenix at the direction of the inventor and our partners at Glottech International."
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 property. Lithium Exploration Group is a fully reporting company traded on the OTCBB under the symbol LEXG. Website: www.lithiumexplorationgroup.com. Lithium Exploration Group is also on Facebook, LinkedIn and Twitter @LEXG_OTCBB.
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, 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.
SOURCE Lithium Exploration Group