SOURCE: Lithium Exploration Group, Inc.

April 10, 2014 08:45 ET

Lithium Exploration Group Announces Q1 Production at Tero Oilfield Services

SCOTTSDALE, AZ--(Marketwired - Apr 10, 2014) -  Lithium Exploration Group Inc. (OTCQB: LEXG) today made an announcement about production at Tero Oilfield Services. During the first quarter of 2014, Tero disposed of over 115,000 barrels of fluid oilfield waste, 400 tons of solid waste, and skimmed 1,680 barrels of oil. These production numbers are in line with production during the fourth quarter of 2013. Traditionally, the first quarter is the slowest by volume due to the extreme weather conditions.

"The first quarter was solid for Tero, especially considering the horrific weather in January of this year caused by the Polar Vortex that impacted much of North America. The company is set up for success the rest of the year with such strong performance during the hardest months," commented CEO Alex Walsh. "We are working diligently to assist Tero with its growth through multiple channels and look forward to continued success."

About Lithium Exploration Group
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:

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 testing of the ultrasonic technology.

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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