Lithium Energi Exploration, Inc. Secures Exclusive Right to Acquire Over 100,000 ha. of Additional Properties

Lithium Energi Exploration, Inc. (TSXV:LEXI) (“LEXI” or the “Company”) is pleased to announce that it has secured an exclusive right of first refusal (“ROFR”) to acquire from Resource Ventures S.A. (“ReVe”) over 100,000 hectares of prospective lithium brine properties in the province of Catamarca, Argentina. The ROFR gives LEXI rights to acquire approximately 42,000 hectares of lithium brine prospects located in the Salar de Antofalla and approximately 60,000 hectares in the Salar de Pipanaco. In the Antofalla salar alone, these acquisitions would increase LEXI’s holdings to over 152,000 hectares and expand its total lithium brine prospects in Argentina to more than 230,000 hectares.
As quoted in the press release:

“The future success of lithium producers will, in part, be driven by the location and value of a company’s reserves, so when our Board requested we enhance LEXI’s holdings by including other strategic properties acquired before the new management team joined LEXI, this ROFR was secured to emphatically affirm our dedication to growing reserve values that will strengthen the Company and benefit our shareholders,” noted LEXI’s CEO, Steven Howard.

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