Vancouver, British Columbia--(Newsfile Corp. - March 18, 2019)
- Bearing Lithium Corp. (TSXV: BRZ) (OTCQB: BLILF) (FSE: B6K2) ("Bearing" or the "Company") announces that, subject to approval by the TSX Venture Exchange, it intends to amend the terms of a total of 4,565,000 outstanding share purchase warrants (the "Warrants") issued pursuant to a private placement that closed in two tranches on August 8, 2019 and August 16, 2019. Each Warrant is currently exercisable for one common share of Bearing at an exercise price of $0.40 per share. If approved, the proposed amendment will reduce the exercise price of the Warrants to $0.31 per share.About Bearing Lithium Corp.Bearing Lithium Corp. is a lithium-focused mineral exploration and development company. Its primary asset is an 18% 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 US$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.
