Lithium Exploration Group Provides Operational Update on the Mechanical Ultrasound Generator

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On May 23rd, Lithium Exploration Group
LEXG
CEO Alex Walsh spent the day with Glottech USA management at the Scottsdale, AZ corporate headquarters of Lithium Exploration Group. The meetings were held to discuss the manufacturing process and project management strategy on the production of the mechanical ultrasound generator for Lithium Exploration Group. The payment for this pilot unit, from Lithium Exploration Group to Glottech USA, will activate the agreement granting Lithium Exploration Group the exclusive rights to utilization of the technology for over 10,000 square kilometers of oil fields overlaying the Leduc and Beaverhill formations in West-Central Alberta. “We had a great day of meetings and are all excited to move forward with our partnership. There are a few administrative tasks to complete but I expect that we will have everything complete in order to activate the agreement before the end of May,” said CEO Alex Walsh adding, “I had a lot of process oriented questions for Mark and his team that we worked through so that I have a complete understanding of the steps in that process and milestones that will be accomplished along the way. I expect to be traveling to Pennsylvania towards the end of June for another strategy session and an update on the production of the pilot unit.”
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