Bearing Lithium Corp. is pleased to provide a corporate update on the progress of the Maricunga Lithium Project in Chile, owned and operated by Minera Salar Blanco SA. Chile voted on October 25th to change the country's 40-year-old constitution in a national referendum, which sets in motion a two-year process to draft a new charter for the country [...]
Bearing Lithium Corp. announces the Company's intent to reprice an aggregate of 4,268,500 outstanding share purchase warrants issued pursuant to two private placement financings that closed on January 27, 2020 and February 3, 2020, with Warrant expiration dates of July 27, 2021 and August 3, 2021. The Warrants are to be repriced from $0.18 to [...]
Bearing Lithium Corp. is pleased to announce payment of its third 2020 equity call, in the amount of $157,750 USD to maintain its 18.02% ownership in the joint-venture company, Minera Salar Blanco. "Despite COVID19-related delays, there continues to be strong interest in Maricunga given its quality and advanced development. As the MSB team [...]
Bearing Lithium Corp. is pleased to announce that, effective today, Ryan Smith has been appointed as Chief Financial Officer and Ray Baterina has been appointed as Corporate Secretary as the Company. Ryan Smith brings more than 12 years of financial experience. Most recently, Mr. Smith served as a senior account manager for First Calgary Financial [...]
Bearing Lithium Corp. announces that it Dr. Lee Sungwon has resigned from its board of directors to pursue other endeavours. Dr. Lee was a nominee of POSCO, a significant shareholder of Bearing. Bearing anticipates that POSCO will nominate another representative to the Bearing board at the Company's next annual general meeting. In addition, the [...]
Bearing Lithium Corp. announces that it has entered into an financial consulting agreement with Leede Jones Gable Inc. pursuant to which Leede has agreed to provide advisory services in connection with the Company's review of strategic alternatives, including without limitation, acquisitions or dispositions of assets, joint venture agreements for [...]
Bearing Lithium Corp. is pleased to announce its joint venture company, Minera Salar Blanco S.A. , has today received environmental approval for the Maricunga project in the Atacama Region of northern Chile. Bearing holds an 18% interest in MSB, along with Lithium Power International at 51% and a private Chilean company at 31%. The Chilean [...]
Bearing Lithium Corp. is pleased to announce that is has increased the size of its previously announced non-brokered private placement from a maximum of 8,333,334 units to 8,537,000 Units for total gross proceeds of $1,024,440. The second tranche of the Private Placement was completed today and Bearing has issued 1,100,000 Units for gross proceeds [...]
Bearing Lithium Corp. is pleased to announce the closing of the first tranche of the non-brokered private placement announced December 10th, 2019 and has issued a total of 7,437,000 units , at a price of $0.12 per Unit for gross proceeds of approximately $892,440. Each Unit consists of one common share and one-half of a common share purchase [...]
Bearing Lithium Corp. is pleased to announce a non-brokered private placement offering of 5,000,000 units at a price of $0.12 per Unit for gross proceeds of $600,000. The Company will also have the option to increase the size of the Private Placement to 8,333,334 Units, for total gross proceeds of $1,000,000. Each Unit will consist of one common [...]
Bearing Lithium Corp. announces today, further to its news release dated October 16, 2019, the appointment of Gil Playford, as Interim Chief Executive Officer to replace Jeremy Poirier. In addition, the Company also announces that it is issuing an aggregate of 200,000 stock options to a director and an officer. Each of the stock options has an [...]
Bearing Lithium Corp. announces that it has disposed of 2,555,118 common shares of Lions Bay Mining Corp. . Bearing has generated total proceeds from the sale of Lions Bay shares of $282,843.32 which includes prior sales of $26,229.16. Jeremy Poirier, Bearing's President & CEO, commented: "The monetization of the Lions Bay shares, which were [...]
