Lithium Exploration Group (OTCQB: LEXG.OB) announced that it has already entered into a securities purchase deal with financing company, JMJ Financial where the latter has agreed to buy a convertible promissory note of up to $1,110,000.

As quoted in the press release:

The company also entered into a securities purchase agreement with JDF Capital Inc. JDF has agreed to invest a total of $600,000 into the company through the purchase of convertible debentures, with $150,000 on March 1, 2013 and the remaining $450,000 over the following four months.

Click here to read the full Lithium Exploration Group (OTCQB: LEXG.OB) press release.