Home > Insider Trading > Filing (0001432453-12-000069)

Filing Details

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
1517088	Richard Alexander Walsh	320 E. Fairmont Dr Tempe AZ 85282	President/Ceo	Yes	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
Common Stock	Disposition	2012-10-01	2,000,000	$0.00	24,865,000	No	4	J	Direct
Common Stock	Disposition	2012-10-24	20,000,000	$0.00	4,865,000	No	4	J	Direct
Common Stock	Disposition	2012-11-02	10,000	$0.29	4,855,000	No	4	S	Direct
Common Stock	Disposition	2012-11-06	5,500	$0.26	4,849,500	No	4	S	Direct
Common Stock	Disposition	2012-11-07	19,500	$0.26	4,830,000	No	4	S	Direct
Common Stock	Disposition	2012-11-08	10,000	$0.28	4,820,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Convertible Preferred Stock	Acquisiton	2012-10-24	20,000,000	$0.00	20,000,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,000,000			No	4	J	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	26,865,000	Direct

Footnotes

The Reporting Person transferred 2,000,000 shares of the Issuer's common stock pursuant to a license agreement and a sales agency agreement, dated October 1, 2012, with GD Glottech International Ltd., a company formed under the laws of Ireland.
The Reporting Person cancelled and returned to treasury 20,000,000 shares of the Issuer's common stock pursuant to a share exchange agreement dated October 24, 2012 among the Reporting Person and the Issuer, whereby the Reporting Person acquired 20,000,000 Series A Convertible Preferred Stock in exchange for the cancelled shares.
The Reporting Person acquired Series A Convertible Preferred Stock in connection with a share exchange agreement dated October 24, 2012 among the Reporting Person and the Issuer. The Series A Convertible Preferred Stock has a par value of $0.001 per share and is convertible on a one-for-one basis into shares of the Issuer's common stock after a one year hold period.