BLILF - Bearing Lithium Corp. Announces No Material Change
(TheNewswire)
Vancouver, British Columbia – TheNewswire - January 14, 2021 - Bearing Lithium Corp. (“Bearing” orthe “Company”) (TSXV:BRZ) (OTC:BLILF) isissuing this press release in response to a request by the InvestmentIndustry Regulatory Organization of Canada (“IIROC”) to comment onrecent trading activity of its stock. Bearing wishes to confirm thatthe Company’s management is unaware of any material change in theCompany’s operations that would account for the recent increase inmarket activity.
About Bearing Lithium Corp.
Bearing Lithium Corp. is a lithium-focused mineralexploration and development company. Its primary asset is a 17.35%interest in the Maricunga Lithium Brine Project in Chile. TheMaricunga Project represents one of the highest-grade lithium brinesalars globally and the only pre-production project in Chile. Over million has been invested in the Maricunga Project to dateincluding 3 million in November 2020. All Project Expendituresthrough to the delivery of a Definitive Feasibility Study in January2019 have been fully funded by the 51% earn-in joint-venturepartner , Lithium Power International. Subsequently, the Company has subscribed forshares in MSB amounting to 1,261,421 for Fiscal Year 2019 and ,081 for Fiscal Year 2020.
ON BEHALF OF THE BOARD
Signed "GilPlayford”
Gil Playford, Chairman
gplayford@bearinglithium.com
Neither the TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
Cautionary StatementsRegarding Forward Looking Information
This press release includes certain"forward-looking information” and "forward-lookingstatements” (collectively "forward-looking statements”)within the meaning of applicable Canadian and United States securitieslegislation including the United States Private Securities LitigationReform Act of 1995. All statements, other than statements ofhistorical fact, included herein, without limitation, statementsrelating the future operating or financial performance of the Company,are forward-looking statements.
Forward-looking statements arefrequently, 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 maydiffer materially. There can be no assurance that such statements willprove to be accurate, and actual results and future events coulddiffer materially from those anticipated in such statements.Forward-looking statements reflect the beliefs, opinions andprojections on the date the statements are made and are based upon anumber of assumptions and estimates that, while considered reasonableby the Company, are inherently subject to significant business,economic, competitive, political and social uncertainties andcontingencies. Many factors, both known and unknown, could causeactual results, performance or achievements to be materially differentfrom the results, performance or achievements that are or may beexpressed or implied by such forward-looking statements and theparties have made assumptions and estimates based on or related tomany of these factors. Readers should not place undue reliance on theforward-looking statements and information contained in this newsrelease concerning these times. Except as required by law, the Company does notassume any obligation to update the forward-looking statements ofbeliefs, opinions, projections, or other factors, should they change,except as required by law.
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