Bearing Lithium is pleased to announce the closing of its previously announced acquisition of Li3 Energy. As a result of the Acquisition, Li3 Energy and its subsidiaries are now wholly-owned subsidiaries of Bearing. In exchange for all of the outstanding common stock of Li3 Energy, Bearing issued 16 million common shares of Bearing to the former [...]
Bearing Lithium is pleased to announce that Li3 shareholders have overwhelmingly approved the transaction. At a shareholder vote held today, a total of 71.9% of shares were voted at the meeting of which 99% voted in favor of the transaction. The number of Bearing Lithium shares to be issued under the scheme will be approximately 16 million shares [...]
Li3 Energy is pleased to announce that the Registration Statement on F-4 filed with the United States Securities and Exchange Commission by Bearing Lithium has been declared effective by the SEC, as required under the previously announced agreement and plan of merger with Bearing. The Registration Statement was filed with the SEC for the purpose of [...]
Bearing Lithium is pleased to announce that it has received conditional approval from the TSX-V in regards to Bearing's acquisition of Li3 Energy. The TSX-V has notified the Company of its conditional approval for the acquisition of all the issued and outstanding common shares of Li3 in exchange for common shares of Bearing pursuant to the [...]
Bearing Lithium is pleased to announce that, on June 15th, 2017, it filed a response to the United Securities and Exchange Commission in regards to their comments on the original draft of the Form F-4 Registration Statement. This filing of responses to the SEC's comments on the F-4 registration statement is an iterative process, with the first [...]
Li3 Energy is pleased to announce, with Bearing Resources, that on January 27, 2017 they entered into an agreement and plan of merger under which Bearing has agreed to acquire Li3. Pursuant to the Agreement, a newly-formed wholly owned subsidiary of Bearing will merge with and into Li3, with Li3 surviving the Merger as a wholly owned subsidiary of [...]
Minera Salar Blanco and Li3 Energy unanimously approve vending of all Maricunga lithium assets into a joint venture NewCo and confirm LPI as 50% shareholder at a shareholder meeting held in Santiago, Chile on 30 August 2016 Strategic exploration and resource drilling program scheduled to commence at Maricunga project this month, with initial [...]
Li3 Energy announced today that it is reviewing the recently-announced transaction between Minera Salar Blanco SpA, which owns a 51% interest in the Project, and Lithium Power International to advance the Project. Li3 will attend a shareholders meeting for Minera Li, the project company for the Project, on August 8, 2016 to hold initial discu...
Wealth Minerals announces that it has executed a Letter of Intent with Li3 Energy to negotiate, on an exclusive basis an agreement to acquire, by way of a corporate arrangement, 100% of the outstanding share capital of Li3 in consideration for the issuance of common shares of Wealth , with the result that Li3 will become a wholly owned subsidiary [...]
Li3 Energy announced today the commencement of the next phase of exploration and development work on its flagship Maricunga Project in northern Chile. Work began in February with pumping tests and geophysical work, as well as other work to further progress towards the production phase. Additionally, Li3 announces several other initiatives:
Li3 Energy is pleased to announce that, after seven months of work, the Chilean National Lithium Commission, presided over by the Minister of Mining Aurora Williams, presented its final report and conclusions on the development of the lithium industry to President, Michelle Bachelet. The official ceremony took place on January 27, 2015 and included [...]
Dear Fellow Shareholders, As the end of 2014 nears, it seems astonishing how the lithium market has developed over the last two years to the detriment of the resource sector and the lithium industry in particular. The numbers across the board speak for themselves, and the large number of junior miners in the lithium industry that have left or gone [...]
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