(BRZ.V) May 23, 2019 – Bearing Lithium Corp. announces that, subject to approval by the TSX Venture Exchange, it intends to extend the expiry date of 4.565 million outstanding share-purchase warrants issued pursuant to a private placement that closed in two tranches in August 2018. The warrants currently expire on Aug. 8 and Aug. 16. If approved, the new expiry date for the warrants will be Dec. 31.
Bearing is a lithium-focused mineral exploration and development company. Its primary asset is an 18 percent interest in the Maricunga lithium brine project in Chile. The Maricunga project represents one of the highest-grade lithium brine salars globally and the only pre-production project in Chile. Over USD$30 million has been invested in the Maricunga project to date, and all expenditures through to the delivery of a definitive feasibility study have been fully funded by the earn-in joint-venture partner.Disclaimer: ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.