Mr. Ali Rahman reports

Lithium Energi Exploration Inc. has arranged a non-brokered private placement to Arena Investors LP for aggregate gross proceeds of $3-million (U.S.) ($4,112,405.76 (Canadian)). The offering will consist of 82,248,115 units at a price of five cents per unit. Each unit will consist of one common share and one full common share purchase warrant, with each warrant entitling the holder to acquire an additional common share at an exercise price of 5.5 cents for a period of 60 months from the date of issuance.

The completion of the offering remains subject to the negotiation and execution of definitive documentation, the approval of the TSX Venture Exchange and certain financing conditions set forth in the subscription agreement to be entered into between the company and Arena. All securities issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period.

The net proceeds of the offering are expected to be used for working capital and general corporate purposes.

The offering is considered a related party transaction within the meaning of TSX-V Policy 5.9 and Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The company is relying upon the exemption from the formal valuation and minority shareholder approval requirements of MI 61-101, pursuant to sections 5.5(b) and 5.7(1)(e). The company did not file a material change report more than 21 days before the expected closing of the offering because the details of the participation therein by related parties of the company were not settled until shortly prior to closing the offering and the parties wished to close on an expedited basis for business reasons.

About Lithium Energi Exploration Inc.

Lithium Energi Exploration is an exploration company focused on the acquisition, exploration and development of lithium brine assets in Argentina. Lithium Energi is headquartered in Toronto, Ont., with offices in Catamarca, Argentina. Lithium Energi's portfolio of prospective lithium brine concessions in the Argentine province of Catamarca (heart of the Lithium Triangle) includes approximately 57,000 hectares and a 20-per-cent interest in Triangle Lithium Argentina SA, which owns an additional 15,000 hectares -- all located in and around the Antofalla salar, one of the largest basins in the region, which is over 130 kilometres long and up to 20 kilometres across and the Hombre Muerto salar, Argentina's long-producing lithium basin. Lithium Energi is committed to innovation, sustainability and quality, striving to differentiate itself from other players in the industry to maximize its potential for success.

We seek Safe Harbor.