Lexaria Corp. Grants Options Kelowna, BC

Lexaria Corp. Grants Options

Kelowna, BC June 18, 2013 - (LXRP-OTCBB) (LXX-CNSX)

Lexaria Corp. announces that it has granted 500,000 stock options

effective June 18th, 2013, as per the 2010 equity compensation plan.

The exercise price is US$0.10 and the options vest immediately and expire on

The following are the recipients of the granted stock

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:

Chairman, President & CEO

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.