Bearing Lithium has received an updated JORC resource estimate from Li3 Energy from the ongoing development work at the Maricunga lithium brine project located in Chile. Bearing has entered into a definitive agreement to acquire Li3 and its interest in the Maricunga Project. Li3 currently holds a 17.7% interest in the Maricunga Project along with Minera Salar Blanco ("MSB") and [...]
Bearing Lithium is pleased to announce that, on July 11, 2017, it filed a response to the United Securities and Exchange Commission (the "SEC") 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 responses filed on May 24th and second responses on June 15th 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 responses filed on May 24th to the original submission on April 10th. The [...]
Bearing Lithium is pleased to announce it has entered into shareholder lock-up agreements with certain Li3 Energy shareholders, representing an aggregate 326 million shares or 60.5%, to vote in favour of the pending acquisition. Bearing has entered into lock-up agreements with main Li3 Energy shareholders including POSCO Canada Ltd. representing 23.5%, Li3 management representing 9.7%, and other shareholders representing [...]
Bearing Lithium has received an update from Li3 Energy from the ongoing process testing at the Maricunga lithium brine project located in Chile. Bearing has entered into a definitive agreement to acquire Li3 and its interest in the Maricunga Project. Li3 currently holds a 17.7% interest in the Maricunga Project along with Minera Salar Blanco and Lithium Power International at 32.3% and 50% respectively pursuant to a...
Bearing Lithium has received results from Li3 Energy from the pump tests at the Maricunga lithium brine project located in Chile. Bearing has entered into a definitive agreement to acquire Li3 and its interest in the Maricunga Project. Li3 currently holds a 17.7% interest in the Maricunga Project along with Minera Salar Blanco and Lithium Power International at 32.3% and 50% respectively pursuant to a joint venture a...
Bearing Lithium is pleased to announce that, on May 24th, 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. The Registration Statement has been filed with the SEC for the purpose of registering the 16 million common shares of Bearing issuable to the Li3 Energy shareholders on closing of the merger Agreement [...]
Bearing Lithium is pleased to announce that Mr. Timothy Heenan has been appointed to the Board of Directors. Mr. Timothy Heenan has over 26 years of exploration experience throughout the Americas, and has worked exclusively in South and Central America since 1990. Mr. Heenan has a wide range of diversified exploration experience throughout a range of geographic and geologic environments and is considered to be a highly [...]
Bearing Lithium announces that it has entered into a revised settlement agreement with a holder of outstanding convertible notes issued by Li3 Energy. As announced on December 7, 2016, Bearing agreed to repay the principal amount of US$525,000 due on the convertible notes, all accrued interest, plus a 22% bonus to the Li3 Noteholders on behalf of Li3. Under the terms of the prior agreements, the majority of the Li3...
Bearing Resources Ltd. is pleased to announce that, effective May 11, 2017, the Company's name will be changed to "Bearing Lithium Corp." Jeremy Poirier, Chief Executive Officer of Bearing commented, "We are committed to moving towards being a 100% focused lithium company and we think our corporate name should reflect this commitment." Effective May 11, 2017, the Company's shares will trade on the TSX Venture Exchange [...]
Bearing Resources is pleased to announce that an engineering consultant has been appointed to lead the feasibility study at the Maricunga lithium project. Through an exhaustive evaluation of bids from a number of well-regarded global engineering firms, the Maricunga joint-venture, has selected WorleyParsons to lead the project design and feasibility study. The contract represents a multi-million award which is [...]
Bearing Resources is pleased to announce it has filed a technical report for the Maricunga Lithium Project. The Technical Report is available on SEDAR and will be posted on the Company website shortly. The Technical Report was prepared in accordance with the requirements of National Instrument 43-101- Standards of Disclosure for Mineral Projects. The Company has entered into a definitive agreement to acquire [...]