Lexaria Corp. Annual General Meeting Results Vancouver

Lexaria Corp. Annual General Meeting Results

Vancouver May 1, 2013 - (LXRP-OTCBB) (LXX-CNSX)

Lexaria Corp. (the "Company" or "Lexaria") today

announces that at its AGM on April 17th, all resolutions passed.

On April 17, 2013, the Company had its Annual General Meeting.

Certain motions were approved and adopted:

Re-Election of Chris Bunka, Bal Bhullar, David DeMartini,

Nicholas Baxter and Dustin Elford as directors, approved with the following:

Ratification of MNP LLP our independent registered public accounting firm

for the fiscal year ending October 31, 2013 and to allow directors to set the

remuneration, approved with 4,582,651 votes for, 219,509 votes against and 1

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

The Company thanks its shareholders for showing their support

through their votes.

Lexaria s shares are quoted in the USA under the symbol LXRP

and in Canada under the symbol LXX. The company uses innovative solutions to

participate in only those projects within the USA that can deliver economic

returns in the top industry quartile.

To learn more about Lexaria Corp. visit

www.lexariaenergy.com.

For further information, please contact:

FORWARD-LOOKING STATEMENTS

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

are not limited to 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.