Item 5.02 Appointment of Chief Financial Officer and Director

On May 12, 2009 we entered into a six-month Management agreement with BKB Management Ltd., a corporation organized under the laws of the Province of British Columbia, whereby Bal Bhullar will act as the Chief Financial Officer and Director for the Company. BKB Management Ltd. is a consulting company controlled by Bal Bhullar.

Ms. Bhullar brings over 18 years of diversified financial and risk management experience in both private and public companies, in the industries of high-tech, film, mining, marine, oil & gas, energy, transport, and spa industries. Among some of the areas of experience, Ms. Bhullar brings expertise in financial & strategic planning, operational & risk management, regulatory compliance reporting, business expansion, startup operations, financial modeling, program development, corporate financing, and corporate governance/internal controls.
Previously, Ms. Bhullar has held various positions as President of BC Risk Management Association of BC, and served as Director and CFO of private and public companies. Currently, Ms. Bhullar serves as a Director and CFO for Bare Elegance Medspa and a CFO for ISEE3D Inc.

Ms. Bhullar is a Certified General Accountant and as well holds a CRM designation from Simon Fraser University and a diploma in Financial Management from British Columbia Institute of Technology.

Item 9.01 Financial Statements and Exhibits

10.1 Management Agreement between Lexaria Corp. and BKB Management Ltd. dated May 12, 2009.