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Lexaria Annual General Meeting Results

Vancouver, BC Lexaria Corporation (LXRP-OTCBB)

(LXX-CNSX) (the "Company" or "Lexaria") announces that at its AGM on April

30th, all resolutions passed.

On April 30, 2012, the company had its annual general meeting.

Certain motions were approved and adopted:

Election of Chris Bunka, Bal Bhullar, David DeMartini, Nicholas Baxter and

Dustin Elford as directors, approved with 4,158,875 votes for and up to 16,350

Ratification of the continued appointment of the independent, registered

public accounting firm, approved with 4,983,235 votes for and 74,307 withheld;

Proposal to transact such other business as may properly come before the

Meeting, approved with 4,931,918 votes for and 125,623 votes against.

The Company thanks its shareholders for showing their support

through their votes.

Lexaria s shares are quoted in the USA with symbol LXRP and in

Canada with symbol LXX. The company searches for projects that could provide

potential above-market returns.

To learn more about Lexaria Corp. visit

www.lexariaenergy.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Chris Bunka CEO/Chairman

This release includes forward-looking statements. Statements

which are not historical facts are forward-looking statements. The Company makes

forward-looking public statements concerning its expected future financial

position, results of operations, cash flows, financing plans, business strategy,

products and services, competitive positions, growth opportunities, plans and

objectives of management for future operations, including statements that

include words such as "anticipate," "if," "believe," "plan," "estimate,"

"expect," "intend," "may," "could," "should," "will," and other similar

expressions are forward-looking statements. Such forward-looking statements are

estimates reflecting the Company's best judgment based upon current information

and involve a number of risks and uncertainties, and there can be no assurance

that other factors will not affect the accuracy of such forward-looking

statements. It is impossible to identify all such factors but they include and

the existence of underground deposits of commercial quantities of oil and gas; cessation or delays in exploration because of mechanical, weather, operating, financial or other problems; capital expenditures that are higher than anticipated; or

exploration opportunities being fewer than currently anticipated. There can be no assurance that road or site conditions will be favorable for field work; no assurance that well treatments will have any effect on oil or gas production; no assurance

that oil field interconnections will have any measurable impact on oil or gas production or on field operations, and no assurance that any expected new well(s) will be drilled or have any impact on the Company. There can be no assurance that

expected oil and gas production will actually materialize; and thus no assurance that expected revenue will actually occur. There is no assurance the Company will have sufficient funds to drill additional wells, or to complete acquisitions or other

business transactions. Such forward looking statements also include estimated cash flows, revenue and current and/or future rates of production of oil and natural gas, which can and will fluctuate for a variety of reasons; oil and gas reserve

quantities produced by third parties; and intentions to participate in future exploration drilling. Adverse weather conditions can delay operations, impact production, and cause reductions in revenue. The Company may not have sufficient expertise to

thoroughly exploit its oil and gas properties. The Company may not have sufficient funding to thoroughly explore, drill or develop its properties. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be

able to raise any funds even if the Canadian prospectus and US Registration Statement are both approved by the applicable authorities. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors

which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other

factors which may be identified from time to time in the Company's public announcements and filings.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.