December 22, 2014 7:28 PM ET

Metals and Mining

Company Overview of Lithium Exploration Group, Inc.

Company Overview

Lithium Exploration Group, Inc. engages in the acquisition, exploration, and development of resource properties in Canada. The company explores for lithium brines and other precious metals; and acquires oil and gas related assets in Western Canada. It also operates waste water disposal facility. The company was formerly known as Mariposa Resources, Ltd. and changed its name to Lithium Exploration Group, Inc. in November 2010. Lithium Exploration Group, Inc. was founded in 2006 and is based in Phoenix, Arizona.

3800 North Central Avenue

Suite 820

Phoenix, AZ 85012

United States

Founded in 2006

2 Employees



Key Executives for Lithium Exploration Group, Inc.

Chief Executive Officer
Age: 34
Total Annual Compensation: $120.0K
Chief Financial Officer
Age: 41
Total Annual Compensation: $36.0K
Compensation as of Fiscal Year 2014.

Lithium Exploration Group, Inc. Key Developments

Lithium Exploration Group, Inc. announced delayed 10-Q filing

On 11/17/2014, Lithium Exploration Group, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Lithium Exploration Group, Inc. Announces Amendments to the Articles of Incorporation

Lithium Exploration Group, Inc. at its Special Meeting held on October 14, 2014, approved the resolutions in favor of an amendment to the company's Articles of Incorporation for the increase in the company's authorized capital to 2,000,000,000 shares of common stock.

Lithium Exploration Group, Inc. Auditor Raises 'Going Concern' Doubt

Lithium Exploration Group, Inc. filed its 10-K on Oct 14, 2014 for the period ending Jun 30, 2014. In this report its auditor, Russell Bedford Stefanou Mirchandani LLP - RBSM LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

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