Bearing Resources Grants Stock Options
01 Août 2014 - 2:00PM
Marketwired Canada
Bearing Resources Ltd. ("Bearing" or the "Company") (TSX VENTURE:BRZ) reports
that the Company has granted an aggregate of 800,000 incentive stock options to
the Company's directors and officers (the "Options") at an exercise price of
$0.05 per Option. The Options have a term of five years and vest immediately.
The Options are granted in accordance with the Company's Incentive Stock Option
Plan last approved by shareholders on June 11, 2014. The grant of the Options is
subject to the final approval of the TSX Venture Exchange.
About Bearing Resources
Bearing is a Canadian based precious and base metal exploration company with
projects located in British Columbia, the Yukon and Mexico. In Mexico the
Company owns the Pedro epithermal gold project while in British Columbia the
Company has discovered a gold-bearing skarn system on its October Dome property.
The Company's Mount Polley project is located in near Imperial Metals
Corporation's Mt. Polley copper-gold mine and includes a production royalty on
the Boundary property. The Company also holds interests in projects in the Yukon
including the Flume Project in the White Gold District.
BEARING RESOURCES LTD.
Robert Cameron, President & CEO
This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. Such forward-looking statements or information,
including but not limited to those with respect to options and option
agreements. By their nature forward looking statements involve known and unknown
risks, uncertainties, and other factors which may cause the actual results,
performance or achievements of Bearing to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements or information. Such factors include, among others,
the actual prices of commodities, the factual results of current exploration,
development and mining activities, changes in project parameters as plans
continue to be evaluated, as well as those factors disclosed in documents filed
from time to time with the securities regulators in the applicable Provinces of
British Columbia and Alberta.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."
FOR FURTHER INFORMATION PLEASE CONTACT:
Bearing Resources Ltd.
Robert Cameron
(604) 682 5546 Ext. 204
rcameron@bearingresources.ca
www.bearingresources.ca
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