Filing Details

Accession Number:
0001432453-14-000087
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-10-24 17:53:21
Reporting Period:
2014-10-01
Filing Date:
2014-10-24
Accepted Time:
2014-10-24 17:53:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1375576 Lithium Exploration Group Inc. LEXG Metal Mining (1000) 061781911
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1575375 A Bryan Kleinlein 3200 N Hayden Road
Suite 235
Scottsdale AZ 85251
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-09-17 390,518 $0.01 0 No 4 S Direct
Common Stock Acquisiton 2014-10-01 240,964 $0.01 240,964 No 4 J Direct
Common Stock Acquisiton 2014-10-22 7,630,987 $0.00 7,871,951 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 J Direct
No 4 J Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 390,518 Direct
Footnotes
  1. Shares paid pursuant to a consulting agreement dated January 1, 2014 (the "Consulting Agreement") with International Compass, LLC for the services of Bryan Kleinlein as Cheif Financial Officer of our company. As part or full compensation for the month, Lithium Exploration Group, Inc. agreed to pay the shares previously registered on Form S-8 on August 6, 2014 ("S-8 Shares"). The value of the shares issued as compensation, if any, shall be based on the weighted average trading price of the shares of our company in the five (5) trading days immediately preceding the date(s) which the shares were due. On October 22, 2014, the parties entered into an amending agrement to amend the Consulting Agreement by providing a termination date as of November 1, 2014 and including payment of an additional $30,000 payable in S-8 Shares at a deemed price of weighted average trading price of the shares of our company in the five (5) trading days immediately preceding October 22, 2014.