Reason for spikeVANCOUVER, March 14, 2017 /CNW/ - Lithium X Energy Corp. ("Lithium X" or the "Company") (TSXV: LIX) (OTCQB: LIXXF) is pleased to announce that it has closed its previously announced bought deal public offering of 7,900,000 common shares of the Company (the "Shares") at a price of C$1.90 per Share for aggregate gross proceeds of C$15,010,000 (the "Offering"). The Shares were sold by a syndicate of underwriters led by Canaccord Genuity Corp. and GMP Securities L.P.