Watch Out LEXiIBC tends to not finish things once contracts are signed and payments are established.---------On August 24, 2017 with an effective date of September 5, 2017 the Company entered into an agreement with IBC Advanced Technologies Inc. (IBC) to utilize IBCs proprietary metals separation technology, known as Molecular Recognition Technology (MRT) for selective lithium extraction in Argentina (the IBC Agreement). MRT is a method for metals separation that, when compared to conventional lithium brine processing methods, requires (1) no evaporation ponds (reduces 18 months of processing time), (2) less capital cost to build, (3) less cost to operate, (4) less time to process raw brine into finished products, and (5) no dangerous/expensive solvents and no hazardous waste residues. The Company believes that advancing its assessment of the MRT technology in parallel to completing a resource estimate may enhance its path to production by providing valuable data and guidance for a preliminary economic assessment. By extension, management believes the MRT process has the potential to enhance the Companys competitiveness by enabling lower cost production of lithium compounds as compared to conventional processing techniques. IBC and the Company have agreed that the Company has the exclusive right of first refusal until September 22, 2022 to obtain a site licence to use MRT at agreed upon production facility sites in respect of prospects in which the Company has an interest for the separation, recovery, refining and purification of lithium from brine prospects in territories exclusively licensed to the Company, comprising approx. 20,000 square kilometers in two areas of Catamarca Province and specifically including all of the areas in and around the salars of Antofalla, Hombre Muerto, and Pipanaco. The Company paid IBC $126,550 (US$100,000) in cash upon the execution of the IBC Agreement. On August 28, 2017, the Company issued to IBC 5,000,000 of its Common Shares at a deemed price of $0.155 per Common Share, as quoted on the TSXV at the time of the transaction, and on February 22, 2018 and March 15, 2018 the Company paid an additional $318,800 (US$250,000) and $324,700 (US$250,000) respectively, which together constituted the Companys payment in full for testing and engineering services. The Company anticipates additional future costs for site licensing or engineering services for other minerals, should any resources or positive economic assessments in respect of such minerals be established.