PP of $8.25 million
June 30, 2016 - VANCOUVER, B.C. Lithium X Energy Corp. ("Lithium X", or the "Company") (TSX-V: LIX) (OTCQB: LIXXF) is pleased to announce a fully subscribed non-brokered private placement (the Private Placement) of 5,000,000 shares at a price of $1.65 per share for gross proceeds of $8,250,000. A Finders fee will be paid on the Private Placement. The Private Placement is subject to approval from the TSX Venture Exchange.