SOURCE: Lexaria Corporation

July 10, 2007 11:02 ET

Strategic Advisor Joins Lexaria Corp.

VANCOUVER, BC--(Marketwire - July 10, 2007) - Lexaria Corp. (OTCBB: LXRA) (the "Company" or "Lexaria") announces that Mr. Ken Brooks has joined the Advisory Board of Lexaria Corp., effective immediately. Mr. Brooks' experience in the Venture Capital and financial markets will be of exceptional value to the Company.

Mr. Brooks has had a successful 25-year career in Venture Capital, Finance and Real Estate. He has been President or CEO to several private companies active in identifying, acquiring, financing, developing and completing opportunities in both the private and public financial markets. He also communicates with and manages a significant database of industry participants in the financial marketplace, particularly in the technology, financial payment, and resource sectors.

Lexaria Corp. welcomes Mr. Brooks to its Board of Advisors, and expects to utilize his experience in the finance industry to great advantage as Lexaria continues to develop and execute its business plan.

About Lexaria Corp.

Lexaria Corp. is an oil & gas company active in Mississippi, Oklahoma and in Alberta, Canada. The main focus currently is Mississippi, where it holds between 30% and 50% gross interests in various gas and oil projects. Lexaria routinely evaluates additional oil & gas projects and corporate opportunities.

Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors but they include and are not limited to the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, operating, financial or other problems; capital expenditures that are higher than anticipated; or exploration opportunities being fewer than currently anticipated. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings.

Press Release #200714

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