Bearing Announces Director Appointment
24 Septembre 2021 - 1:00PM
Bearing Lithium Corp. (“
Bearing” or the
“
Company”) (TSX Venture:BRZ) (OTCQB:BLILF) the
Company is pleased to announce the appointment of Martin Gubbins to
its Board of Directors.
Mr. Gubbins is a Chilean lawyer with 25 years of
experience as an associate and partner of local law firms
specializing in environmental litigation. He has also served as an
independent legal advisor over the last three years. Mr. Gubbins
has served as a board member for various private companies in
Chile, with both Chilean and foreign investors. Mr. Gubbins is a
member of the Advisory Legal Committee of Hogar de Cristo, the
largest charity in Chile. From 2005-2018 he was a partner at
CorreaGubbins (currently CorreaSquella) in Santiago, Chile. Mr.
Gubbins graduated law school at the Universidad de Chile, Santiago.
He also has a Master of Arts from the University of London.
The Company is also announcing that it has
issued an aggregate of 1,000,000 stock options to its new director
to purchase up to 1,000,000 common shares of the Company at a price
of $0.23 per common share for a period of five years from grant,
pursuant to its Stock Option Plan.
Bearing Lithium’s Chairman Gil Playford
commented:
“Martin brings to the company local legal
expertise and pragmatic business strategy and experience. He is
well known to our Board and is joining us at an exciting time for
the company’s participation in an advanced development project for
the global lithium industry.”
About Bearing Lithium Corp.
Bearing Lithium Corp. is a lithium-focused
mineral exploration and development company. Its primary asset is a
17.14% 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 67 million has been invested in the Maricunga Project to
date.
ON BEHALF OF THE BOARDSigned "Gil Playford” Gil
Playford, Chairmangplayford@bearinglithium.com
Neither the 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.Cautionary Statements
Regarding Forward Looking Information
This press release includes certain
"forward-looking information” and "forward-looking statements”
(collectively "forward-looking statements”) within the meaning of
applicable Canadian and United States securities legislation
including the United States Private Securities Litigation Reform
Act of 1995. All statements, other than statements of historical
fact, included herein, without limitation, statements relating the
future operating or financial performance of the Company, are
forward-looking statements.
Forward-looking statements are frequently, but
not always, identified by words such as "expects”, "anticipates”,
"believes”, "intends”, "estimates”, "potential”, "possible”, and
similar expressions, or statements that events, conditions, or
results "will”, "may”, "could”, or "should” occur or be achieved.
Actual future results may differ materially. There can be no
assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Forward-looking statements reflect
the beliefs, opinions and projections on the date the statements
are made and are based upon a number of assumptions and estimates
that, while considered reasonable by the Company, are inherently
subject to significant business, economic, competitive, political
and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance or
achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied
by such forward-looking statements and the parties have made
assumptions and estimates based on or related to many of these
factors. Readers should not place undue reliance on the
forward-looking statements and information contained in this news
release concerning these times. Except as required by law, the
Company does not assume any obligation to update the
forward-looking statements of beliefs, opinions, projections, or
other factors, should they change, except as required by
law.
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