Overwhelming Support at 2014 Lexaria AGM. Kelowna, BC

Overwhelming Support at 2014 Lexaria AGM.

Kelowna, BC June 17, 2014 - Lexaria Corp. (LXRP-OTCQB)

(LXX-CSE) (the "Company" or "Lexaria") today announces that all

resolutions were approved and adopted at its Annual General Meeting (AGM) held

Re-election of Chris directors was 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 13,672,109 votes For (100%), 0 votes Against and 0

Ratification of the change of business to the regulated marijuana industry

was passed with 10,035,445 votes For (99.99%), 1,225 votes Against (0.01%),

and 3,635,439 vote Not Voted; and

Shareholders approved the compensation of our company s named executive

officers (Say-On-Pay), by a vote of 10,032,290 votes For (99.96%), 4,380 votes

Against (0.04%), and 3,635,439 vote Not Voted; and

Shareholders approved a 3-year frequency (Say-When-On-Pay) of future

advisory votes on the compensation of our company s named executive officers,

by the following votes One Year - 588,305, Two Years - 4,838,501 Three Years -

5,384,632, Not Voted - 3,776,439; and

Ratification of the Company s 2014 stock option plan was passed with

10,028,920 votes For (99.92%), 7,750 votes Against (0.08%), and 3,635,439 vote

The Company thanks its shareholders for showing their

overwhelming support through their votes, and will continue to work hard to

create value in the pursuit of doing good.

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: (250) 765-6424

Kent, Media Inquiries: (647) 519-2646

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 or workovers 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 including but not limited to surface flooding 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 required working capital.

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.

There is no assurance that the medical marijuana business will provide any

benefit to Lexaria, and no assurance that any proposed new facility will be

built or proceed, nor that municipal or Health Canada regulatory approvals will

be obtained. There is no assurance that any municipality where proposed

facilities are located will grant its approval, or if granted, retain its

approval, for a medical marijuana production facility.

The CNSX has not reviewed and does not accept responsibility

for the adequacy or accuracy of this release.