Lexaria Corp. Engages Corporate Communications Firm Kelowna, BC

Lexaria Corp. Engages Corporate Communications

Kelowna, BC August 26, 2013 - (LXRP-OTCBB) (LXX-CNSX)

Lexaria Corp. announces that it has entered into an agreement

with Carmel Advisors LLC, of San Diego, CA, for the purposes of public relations

and corporate communications services. The Company is confident that the

relationship with Carmel Advisors will increase effective communications with

shareholders and the investment community.

Payment for services is made by the issuance of 160,000

restricted common shares to Carmel Advisors LLC. The term of contract is for six

months beginning August 23, 2013.

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; 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. 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

The CNSX has not reviewed and does not accept responsibility

for the adequacy or accuracy of this release.