Lithium Energi Exploration announces $1M private placement

News Release

LITHIUM ENERGI EXPLORATION, INC. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Toronto, Ontario August 9, 2017 – Lithium Energi Exploration Inc. (TSXV:LEXI) (the “Corporation” or “LEXI”) is pleased to announce that it has arranged a non-brokered private placement (the “Private Placement”) of up to 10,000,000 common shares at a price of $0.10 per common share for total gross proceeds of up to $1,000,000.

All of the securities issued on the closing of the Private Placement will be subject to a statutory hold period of four months from closing. No finder’s fees are being paid on the Private Placement. The Private Placement is subject to final TSX Venture Exchange approval.

Proceeds of the placement will be used for exploration expenditures and for general working capital.

About Lithium Energi Exploration, Inc.

Lithium Energi Exploration, Inc. is an exploration company specializing in the strategic acquisition, exploration and development of lithium brine assets in Argentina. The Company is headquartered in Toronto, Ontario and has offices in Dallas, Texas and Catamarca, Argentina. The common shares of the Company are listed on the TSX Venture Exchange (TSXV:LEXI). The Company recently completed the acquisition of a portfolio of projects comprising over 128,000 hectares of lithium brine concessions in the Argentina Province of Catamarca in the heart of the lithium triangle.

ON BEHALF OF THE BOARD OF DIRECTORS
“Chris Hobbs”
________________________
Chris Hobbs,
Chief Financial Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Lithium Energi Exploration, Inc.
Tel: 416 276-6689
Fax: 888 909-1033
Email: chris.hobbs@lithiumenergi.com
www.lithiumenergi.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.