(via TheNewswire)
In connection with the First Tranche, the Company issued an aggregate of 7,500,000 Common Shares at a price of
Mr.
In connection with the closing of the First Tranche, the Company is pleased to welcome
In connection with the First Tranche, the Company paid finders fees to eligible parties in the amount
Specialist natural resources, Australian based stockbroking firm Argonaut acted as lead manager to the Private Placement.
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For more information, please visit www.bearinglithium.comandwww.sedar.com.BRZ.V.
For more Information, please contact:
604-262-8835
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the closing of any additional tranches of the Private Placement, the use of proceeds from the Private Placement and the receipt of final approval of the Private Placement from the TSXV. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Bearing, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the closing of any additional tranches of the Private Placement; risks associated with operation in foreign jurisdictions; and other risks inherent in the mining industry. Although Bearing has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Bearing does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in
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