ILI Imagine Lithium Inc

New Purchase Order

ILI Technologies (TSX VENTURE:ILI) is pleased to announce that its 100% wholly
owned Mexican subsidiary Cdn Oilfield Technologies & Solutions S. de R.L de C.V.
("COTS") has signed a second contract with an established Mexican construction
company (the "Company") to provide short term funding to build an access road to
the Macropera (multiple well platform) and to provide sub construction for
support of drilling equipment for the project "Teotleco 31, 32 & 33", similar to
the services provided in the previous project announced May 3, 2011 which is now
complete ahead of schedule. 


The Company is contracted to Schlumberger, the largest oil and gas service
company in Mexico, under a Master Agreement issued by Pemex, the state owned oil
and gas producer. Under the terms of the agreement COTS will provide financing
up to a maximum of USD $600,000.00 and earn a fee of USD $99,000.00. The project
is expected to commence the week of June 13, 2011 with completion in
approximately 60 days after the start of the project. Re-payment of the
financing is anticipated to be completed approximately 90 days after the funds
have been advanced under a direct assignment agreement between COTS and the
respective parties.


Pipe Installation Update

The announcement of Ectal 19 and Sigma 19 pipe installations dated May 13, 2011
totalling 4.44 km are now complete and tested to Pemex specifications ahead of
schedule, exceeding the expectations of the oil and gas producer. The third
project Cuitlahuac 660 totalling 2.5 km is scheduled to commence next week with
the preparation of the trench and installation of the pipe over the next 2
weeks. Additionally, COTS has been given visibility for the issuance of
additional pipe projects which are in the final phase of the approval process.
Further details will be provided once these projects have been released.


Phil D'Angelo states, "ILI continues to execute on its business strategy and
build on its relationships in Mexico. The flexible pipe business is gaining
traction and confidence is building with Pemex as a result of our proven
successes. COTS has been a leader in Mexico working closely with Pemex to adopt
new technologies, proving these technologies and implementing new installation
techniques and test procedures which have resulted in significant savings
compared to previous processes that have been in place for decades. In addition,
COTS has diversified the pipe business to generate alternative revenue streams.
ILI will continue to identify new opportunities with the sole intention of
increasing shareholder value".


Reader Advisory 

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, anticipated sales of the company and completion
of installation projects. Although we believe that the expectations reflected in
the forward-looking information are reasonable, there can be no assurance that
such expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the
actual results achieved will be the same, in whole or in part, as those set out
in the forward-looking information. 


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors that could cause the results to differ
materially from those expressed in the forward-looking information include, but
are not limited to: general economic conditions in Canada and Mexico and
globally; industry conditions, governmental regulation, including environmental
regulation; unanticipated operating events or performance; failure to obtain
industry partner and other third party consents and approvals, if and when
required; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility;
competition for, among other things, capital, skilled personnel and supplies;
changes in tax laws; and the other industry and geographic specific risk
factors. Investors are cautioned that this list of risk factors should not be
construed as exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Investors are cautioned not to place undue reliance on
forward-looking information. 


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy nor shall there be any sale of the securities in any state of
the United States or any other jurisdiction outside of Canada in which such
offer, solicitation or sale would be unlawful. The securities have not been
registered under the U.S. Securities Act of 1933, as amended, or any state
securities laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the U.S. Securities Act of 1933 and applicable state securities laws.

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