(TheNewswire)
June 30, 2021 –TheNewswire - Vancouver, British Columbia - Bearing LithiumCorp. (“ Bearing ” or the “ Compan y”) (TSXV:BRZ) (OTC:BLILF) is pleasedto announce the appointment of Mr. Kwang-Seok Park to its Board ofDirectors as the new nominated POSCO representative.
Mr. Park received his PhD in Environmental Science andEngineering from Pohang University of Science and Technology in 2010.He was the Lithium Project Leader with the Research Institute ofIndustrial Science and Technology (RIST) from 1996 to 2018. He hasbeen with POSCO in various departments as Leader in the LithiumTechnology Development Group, General Manager of the Brine LithiumExtraction TF Team and he is presently the Leader of the POSCO LithiumBusiness Planning Group. The Company looks forward to his contributionto the Board of Directors.
Mr. Park replaces Mr. Bok-Hyung Lee as its POSCOLithium Business Director. Mr. Lee resigned on June 28, 2021 and wethank him for his contributions to the Company and wish him furthersuccess in his new endeavours.
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 date.
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 Statements RegardingForward 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 may differmaterially. There can be no assurance that such statements will proveto be accurate, and actual results and future events could differmaterially from those anticipated in such statements. Forward-lookingstatements reflect the beliefs, opinions and projections on the datethe statements are made and are based upon a number of assumptions andestimates that, while considered reasonable by the Company, areinherently subject to significant business, economic, competitive,political and social uncertainties and contingencies. Many factors,both known and unknown, could cause actual results, performance orachievements to be materially different from the results, performanceor achievements that are or may be expressed or implied by suchforward-looking statements and the parties have made assumptions andestimates based on or related to many of these factors. Readers shouldnot place undue reliance on the forward-looking statements andinformation contained in this news release concerning these times.Except as required by law, the Company does not assume any obligationto update the forward-looking statements of beliefs, opinions,projections, or other factors, should they change, except as requiredby law.
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