Mr. Jeremy Poirier reports
BEARING ANNOUNCES THE APPOINTMENT OF LUIS SAENZ TO THE BOARD OF DIRECTORS AND RESIGNATION OF AMAR BALAGGAN
Bearing Lithium Corp. has appointed Luis Saenz to the board of directors. This appointment is in addition to Mr. Saenz's current role of president of South American operations.
Mr. Saenz is a finance executive with over 25 years experience in mining finance and metals trading with a focus on Latin America. Mr. Saenz is currently the director and CEO of Li3 Energy Inc. in Chile, director of Atico Mining Corporation with assets in Colombia, and director and chief executive officer of Compania Minera Quiruvilca and South America Mining Investments with assets in Peru. Since April, 2017, he has held the position of president of South American operations for Bearing Lithium.
Throughout his career, Mr. Saenz has held senior rolls with Standard Bank of South Africa, Merrill Lynch and Pechiney World Trade. He holds a degree in economics and international affairs from Franklin & Marshall College in Lancaster, Pa.
The company also announces the resignation of Amar Balaggan from the board of directors. The company would like to thank Mr. Balaggan for his service and wishes him the best of luck in his future endeavours.
About Bearing Lithium Corp.
Bearing is an exploration and development company. The Li3 definitive agreement will enable it to acquire an interest in the advanced-stage Maricunga project located in Chile, which represents one of the highest-grade development opportunities in the Americas. Assuming completion of the transactions contemplated by the Li3 definitive agreement, Bearing will hold an undivided 17.7-per-cent interest in the project, with Lithium Power International is earning into the project by funding $22-million (U.S.) in project expenditures through to the delivery of a definitive feasibility study.
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