Lithium Exploration Group (OTCBB: LEXG) has reached an exclusivity agreement with Glottech USA for the utilization of its patented ultrasonic generator for mineral extraction.

The Agreement:

The exclusivity terms grant Lithium Exploration Group rights to use of the technology in the Swan Hills region of Alberta. The region outlined in the agreement encompasses more than 12,000 square kilometers and overlays all of the aquifers reported to contain high levels of lithium in a 1995 Alberta Geological Survey study. The terms of the agreement also give Lithium Exploration Group the ability to expand the exclusivity agreement for mineral processing purposes throughout Canada.

The Opportunity:

The ultrasonic generator provides the opportunity to separate the minerals, like lithium and potassium, from the water without requiring a large amount of energy. The exclusivity to this technology for the 12,000 square kilometer area covering the Swan Hills region will ensure that it cannot be used by any other group in the area, targeting lithium or potassium in the brines, without financially compensating Lithium Exploration Group.

The expansion of the exclusivity agreement to cover mineral processing in the entire country of Canada has applications in waste water disposal and solution mining. This ultrasonic generator has the ability to significantly reduce operating costs associated with the separation of solids from water in these applications and could lead to a number of revenue opportunities that go beyond lithium and potassium production in Valleyview.

"This technology has many applications in Lithium Exploration Group’s long-term plan," said CEO Alex Walsh. "It is going to help us bring the Valleyview Project to near-term production, but it is also going to give us the ability to leverage acquisitions and could result in significant revenue to the company through licensing arrangements to third parties.”

About the Company

Lithium Exploration Group is a U.S.-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 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 uneconomical. 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.