BRZ currently cheapest entry into MSB JV, page-32

BRZ - PP

I do not like this @ 0.25

Have again today sold some BRZ and LPI again bought  ( Tradegate - Germany  )


Bearing Lithium arranges $2-million private placement


2018-07-13 13:08 ET - News Release

Mr. Jeremy Poirier reports
BEARING ANNOUNCES PRIVATE PLACEMENT FINANCING
Bearing Lithium Corp. has arranged a non-brokered private placement offering of up to eight million units at a price of 25 cents per unit for gross proceeds of up to $2-million. Each unit will consist of one common share and one-half of a common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company at a price of 40 cents for 12 months following closing of the private placement. In the event the private placement is oversubscribed, the company will make provision for an overallotment option to allow the company to increase the size of the private placement by up to 20 per cent and issue an additional two million units for additional gross proceeds of $500,000.
In connection with the private placement, the company may pay cash finders' fees to eligible finders of up to 6 per cent of the gross proceeds received and may issue warrants equal to 6 per cent of the units placed. The finders' warrants will have the same terms as the warrants forming part of the units.
The company intends to use the net proceeds of the private placement to finance the acquisition of its previously announced increased ownership in the Maricunga project (see the company's news release dated June 25, 2018) and for working capital.
Completion of the private placement remains subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a statutory four-month hold period.
About Bearing Lithium Corp.
Bearing Lithium is a mineral exploration and development company primarily focused on lithium. Its primary asset is a free-carried 17.7-per-cent 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 preproduction project in Chile. Over $30-million (U.S.) has been invested in the project to date and all expenditures through 2018, including the delivery of a definitive feasibility study in Q3 2018, are fully financed by Lithium Power International, the company's earn-in joint venture partner. Bearing Lithium also holds a portfolio of grassroots exploration projects in the gold district of Yukon, which are currently optioned to Golden Predator, and a lithium project in Nevada, which is currently optioned to First Division Ventures Inc.
We seek Safe Harbor.
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https://www.stockwatch.com/News/Item.aspx?bid=Z-C:BRZ-2633532&symbol=BRZ&region=C