UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 2, 2018
LITHIUM EXPLORATION GROUP,
INC.
(Exact name of registrant as specified in its
charter)
Nevada | 333-175883 | 06-1781911 |
(State or other jurisdiction of | (Commission File Number) | (IRS Employer |
incorporation) | Identification No.) |
3800 North Central Avenue, Suite 820, Phoenix, Arizona | 85012 |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code (480) 641-4790
N/A
(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 -2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e -4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b -2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.03 | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
Item 5.07 | Submission of Matters to a Vote of Security Holders |
Item 8.01 | Other Events |
On March 2, 2018, the Board of Board of Directors of Lithium Exploration Group Inc. (we, us, our, the Company) approved the an amendment (the Amendment) to our Articles of Incorporation to increase the authorized number of shares of common stock from 50,000,000 shares to 750,000,000 shares, par value $0.001. Subsequently, the Amendment was approved by written consent of the holder of 350,000 shares of our Series C preferred stock, which hold 100 for 1 voting rights with the holders of our common shares, being 51% of our issued and outstanding voting securities. The approval was made in accordance with Sections 78.320 and 78.390 of the Nevada Revised Statues, which provide that a corporations articles may be amended by written consent of the stockholders representing at least a majority of the voting power.
2
The Company will, as soon as practicable following the date of this Current Report on Form 8-K, file with the Securities and Exchange Commission and deliver to the shareholders a Schedule 14c Information Statement regarding approval of the amendment. Thereafter, following the expiration of the twenty-day (20) period mandated by Rule 14c, the Company will file Articles of Amendment to amend our Articles of Incorporation to give effect to the Amendment.
Item 9.01 | Financial Statements and Exhibits |
SIGNATURES
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.
/s/ Alex Walsh | |
Alex Walsh | |
President and Director | |
Date: March 7, 2018 |