SECURITIES AND EXCHANGE COMMISSION
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 2,
LITHIUM EXPLORATION GROUP,
(Exact name of registrant as specified in its
|(State or other jurisdiction of
||(Commission File Number)
||(IRS Employer |
||Identification No.) |
|3200 N. Hayden Road, Suite 300, Scottsdale, Arizona
|(Address of principal executive offices)
||(Zip Code) |
Registrants telephone number, including area code
(Former name or former address, if changed
since last report.)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
[ ] Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e
||Departure of directors or principal officers;
election of directors; appointment of principal officers
On the 21st day of January, 2011 we received consents
to act from Brandon Colker and Jonathan Jazwinski. Mr. Colker and Mr. Jazwinski
were consequently appointed as Directors of our company.
Our board of directors and officers now consists of Alexander
Walsh, president, secretary, treasurer and director; Brandon Colker, director;
and Jonathan Jazwinski, director;
Mr. Brandon Colker, 38 Director
Director Lithium Exploration Group
CEO - Sustainable Venture Capital
Brandon Colker, our newly appointed director, also acts as CEO
of Sustainable Venture Capital, a company involved in private financial funding.
Mr. Colker has been involved in real estate and corporate finance throughout
his career, founding and operating a national brokerage and direct lending institution
for close to a decade (Meridian Capital founded in 2002). Since 2000, Brandon
has been instrumental in the marketing, sale and financing of commercial and
residential assets through the development of industry related ventures. Brandon
has significant relationships with domestic and international investment firms.
His connections to private and institutional capital will be an instrumental
part in the growth and success of Lithium Exploration Group.
Under Brandons leadership Sustainable Venture Capital has
quickly become an international and domestic captain in the world of private
money funding. An entrepreneur at heart, Brandon has founded four successful
operations while positioning each company as models for corporate integrity
(Meridian Capital 2002, CFT Capital 2007, and Sustainable Venture Capital 2009).
Brandons vision and business acumen have made him a respected member of
the finance community.
In May 1997, Brandon graduated from the University of
California at Santa Barbara with a degree in Economics. Sustainable Venture
Capital and CFT Capitals transactions have included arranging senior or
subordinated debt, revolving credit facilities, lease financing, or occasionally
where they acted as a finder of private equity. Fundamentally, Brandon is a
highly intelligent, focused and effective financier, covering many different
types of industries and offering the following financial services:
- Mezzanine, subordinated, asset-backed or other structured debt for
refinancing, re-structuring, bridge funding, turnarounds, difficult credit
situations and special situations.
- Revolving credit lines for most types of accounts receivable and inventory
- Term loan facilities and project financings for general expansions.
- Finance leases or operating leases for virtually all types of equipment.
- Larger scale real estate development financing.
- Selective finding of institutional and angel private equity for venture
- Venture lease and loan debt for early-stage companies that have raised
- A broad range of financing experience in hi-tech businesses.
- A special expertise and committed focus in financing services to the
- Wide range of transaction sizes from small ($1-Million) to large ($5-
Billion), depending on the nature of the asset class or scope of work.
- Typical loan terms from 1 to 20 years and the lowest relative cost of
- An aggressive approach to equity financing and dilution issues.
- Arranged S15Million for Palo Alto boutique hotel project.
- Arranged a $4.5 Million total credit facility (short & long term debt
and equity over-advance) for two principal entrepreneurs to acquire on a
highly leveraged basis, a small middle market commercial printing business in
the Pacific Northwest.
Mr. Jonathan Jazwinski, 30 Director
Director Lithium Exploration Group
Mr Jazwinski has a BS in Mining Engineering from the University
of Arizona (graduated in 2004) and an MBA from the University of Phoenix
(graduated in 2009). He began his career with SRK Consulting (from August 2004
to May 2005) working as a field engineer on BHP Billitons San Manuel Mine
Closure Project. This project remains one of the largest, most comprehensive
mine closures and environmental remediations to date. On site he managed
environmental QA/QC testing and construction/demolition documentation. His
current role is leading the short-range planning department at Freeport-McMoRan
Sierrita, since May 2005. Responsibilities include equipment scheduling and
production forecasting. His knowledge of geological formations, direct mining
experience, and mining infrastructure experience will assist Lithium Exploration
Group in its global acquisition and exploration efforts.
Past capacities at SRK and Freeport-McMoRan have involved
construction and demolition projects, pit dewatering, ore control, surveying,
QA/QC, equipment justification, appropriation requests, and mine operations
supervision. Jonathan is knowledgeable in several mining specific software
programs including MineSight, AcQuire, Aquila, CAES (Caterpillars Computer
Aided Earthmoving System) and Dispatch.
Mr. Jazwinski is a member of the Society for Mining, Metallurgy
and Exploration and has current MSHA (Mine Safety and Health Administration)
certification for surface metal mining.
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
LITHIUM EXPLORATION GROUP, INC.
|President, Secretary, Treasurer and Director
|February 2 , 2011