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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):     August 09, 2006

LEXARIA CORP.
(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)

333-132134

(Commission File Number)

20-2000871

(IRS Employer Identification No.)


#604 – 700 West Pender Street, Vancouver, British Columbia, Canada V6C 1G8



Registrant's telephone number, including area code:     (604) 602-1675

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

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Pre-commencement communications pursuant to Rule 13e-4(c) under Exchange Act (17 CFR 240.13e-4(c))





ITEM 1.01.  ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

The Registrant entered into an agreement on August 3, 2006 with Griffin & Griffin Exploration LLC which covers two proposed drilling programs to be conducted by Griffin & Griffin.  The registrant will fund 40% of its pro-rata share of the drilling costs.

ITEM 9.01.  FINANCIAL STATEMENTS AND EXHIBITS.


Exhibit No.

Description

99.1

Agreement with Griffin & Griffin Exploration L.L.C.


*

Filed as an Exhibit to the Company’s Registration Statement on Form SB-2 dated March 1, 2006 and incorporated herein by this reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:  August 8, 2006


(Signature)

Lexaria Corp.

By         :

/s/ Leonard MacMillan”

Leonard MacMillan
President and Director