EXHIBIT 10.25

           ASSIGNMENT AND ASSUMPTION AGREEMENT WITH LEXARIA CORP., A
                    NEVADA CORPORATION, DATED AUGUST 3, 2006




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                       ASSIGNMENT AND ASSUMPTION AGREEMENT

         THIS ASSIGNMENT AND ASSUMPTION AGREEMENT  (this "Agreement"), dated as
of  August  2,  2006,  is  between  Brinx  Resources Ltd., a Nevada corporation,
("ASSIGNOR"), and Lexaria Corp., a Nevada corporation ("ASSIGNEE").

                                    RECITALS

     A.       Assignor  and the  Assignee  each are in the  business of resource
              exploration;

     B.       Assignor holds a fifty percent (50%) "Working  Interest"  (defined
              below) in the Owl Creek Prospect in Garvin County Oklahoma, as set
              forth in:  (i) the letter  agreement  between  and  Ranken  Energy
              Corporation, an Oklahoma corporation ("Ranken") and Assignor dated
              July 25,  2005 and  attached  hereto  as  EXHIBIT  A (the  "Letter
              Agreement");  and  (ii)  the  joint  operating  agreement  between
              Assignor  and  Ranken  dated July 1, 2005 and  attached  hereto as
              EXHIBIT B (the "Joint Operating Agreement");

     C.       Assignor  desires  to assign to  Assignee  15% of its 50%  Working
              Interest,  which assignment shall result in Assignee  receiving an
              effective 7.5% Working  Interest (the "7.5% Working  Interest") in
              the  Owl  Creek  Prospect,  for the  purchase  price  of  $100,000
              (calculated at $13,333.33 per percentage  point),  such assignment
              to occur in  accordance  with,  and  subject  to,  the  terms  and
              conditions set forth in this Agreement;

     D.       For purposes of this  Agreement,  the term  "Working  Interest" is
              defined as set forth in the Letter Agreement,  including the right
              to  participate  at a 7.5%  working  interest in all future  wells
              drilled on a total of 1,080  acres  surrounding  the Powell #1 and
              #2, but the  definition  does not include "dry hole or  completion
              costs"  of the  future  wells,  including  the soon to be  drilled
              Isbill #1 nor does it include the  Johnson #1 well  located in the
              W/2 SE/4 Section 35-5N2W,  the producing Powell #1 well located in
              the E/2 SW/4 Section  25-5N-2W or the producing  Powell #2-25 well
              which  is  located  in the W/2  SW/4  Section  25-5N-2W.  The term
              "Working  Interest"  also includes the right to participate in any
              Areas of Mutual  Interest  (AMI) that may be  acquired  by the Owl
              Creek Prospect participants; and

     E.       Assignee   desires  to  accept  the  7.5%  Working  Interest  from
              Assignor,   and  to  assume  all  of  Assignor's  obligations  and
              liabilities  with respect thereto in accordance  with, and subject
              to, the terms and conditions set forth in this Agreement.

                                    AGREEMENT

         In  consideration  of the  foregoing,  the mutual  covenants  contained
herein, and other good and valuable  consideration,  the receipt and sufficiency
of which are hereby acknowledged, the parties hereto hereby agree as follows:

         1.   Assignor hereby grants,  bargains,  sells, conveys,  transfers and
assigns to Assignee, her heirs, devisees,  assigns and personal representatives,
all of Assignor's right, title and interest in and to the 7.5% Working Interest,
to have and to hold the same unto  Assignee,  her heirs,  devisees,  assigns and
personal representatives forever.

         2.   Assignee  hereby  accepts  the 7.5% Working Interest and agrees to
assume,  pay, discharge and perform all past, present and future obligations and
liabilities  of  Assignor  arising  out of, or in any way  connected  with,  the
ownership of the 7.5% Working Interest and agrees to hold the Assignor  harmless
from any claim or demand, of any kind made hereunder

         3.   Assignee hereby  agrees  to pay to  Assignor  the lump  sum of One
Hundred  Thousand  Dollars  ($100,000)  (calculated at $13,333.33 per percentage
point)  in  immediately  available  United  States  funds  for the 7.5%  Working
Interest on or before the thirtieth  day  following the date of this  Agreement,
failing which,  this Agreement and the  Assignment(s)  contained herein shall be
null and void.


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         4.  The  Assignor  warrants and represents  that as of the date of this
Assignment Agreement, the Letter Agreement and the Joint Operating Agreement are
each in full force and effect,  without  modification or amendment,  that it has
the full  right and  authority  to  transfer  said its  rights  under the Letter
Agreement and that the rights transferred  herein are free of lien,  encumbrance
or adverse claim.

         5.  This  Agreement shall  be binding  upon and inure to the benefit of
the parties, their successors and assigns.

         6.  Each of  the  parties  hereto will  co-operate  with the others and
execute  and deliver to the other  parties  hereto  such other  instruments  and
documents and take such other actions as may be reasonably  requested  from time
to time by any other  party  hereto as  necessary  to carry out,  evidence,  and
confirm the intended purpose of this Agreement.

         7.  This  Agreement  may  not  be  amended  except  by an instrument in
writing signed by each of the parties.

         8.  This Agreement and the Exhibits hereto contain the entire agreement
between the parties with respect to the subject  matter hereof and supercede all
prior  arrangements  and  understandings,  both  written  and oral,  express  or
implied,  with  respect  thereto.  Any  preceding  correspondence  or offers are
expressly superceded and terminated by this Agreement.

         9.  All notices and other communications required  or  permitted  under
this  Agreement  must be in writing and will be deemed given if sent by personal
delivery,  faxed  with  electronic  confirmation  of  delivery,  internationally
recognized  courier or registered or certified mail (return receipt  requested),
postage  prepaid,  to the parties at the  following  addresses (or at such other
address for a party as will be specified by like notice):

If to the Assignor:         If to the Assignee:            If to Ranken:

820 Piedra Vista Rd NE.     1166 Alberni St., Ste. 501     417 W 18th, Suite 101
Albuquerque, NM             Vancouver, BC                  Edmond, OK
USA, 87123-1954             V6E 3Z3                        USA 73013-3663
505.291.0158 ph             604.684.0999                   405.340.2363 ph
505.219.0158 fax                                           405.340.2365 fax

         10.  This  Agreement  will  be  governed by and construed in accordance
with  the  laws  of  the  Province of British Columbia,  Canada as applicable to
contracts made and performed therein.

         11.  This Agreement may be executed in one or more counterparts, all of
which will be considered one and the same  Assignment and will become  effective
when one or mare  counterparts  have  been  signed  by each of the  parties  and
delivered to the other parties,  it being  understood  that all parties need not
sign the same counterpart.

         12.  This  Agreement may be executed by delivery of executed  signature
pages by fax and such fax execution will be effective for all purposes.





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         IN WITNESS  WHEREOF the parties have executed this Assignment as of the
day and year first above written.


ASSIGNOR:                                     ASSIGNEE:

BRINX RESOURCES LTD.                          LEXARIA CORP.



By:    /s/ LEROY HALTERMAN                    By:    /s/ LEONARD MACMILLAN
       ---------------------------                   ---------------------------
       Authorized Signatory                          Authorized Signatory

Name:  LEROY HALTERMAN                        Name:  LEONARD MACMILLAN
       ---------------------------                   --------------------------
Title: PRESIDENT                              Title: PRESIDENT
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