NI 43-101 report
Vancouver, British Columbia - Bearing Lithium Corp. ("Bearing" or the "Company") (TSX Venture: BRZ) (OTCQB: BRGRF) (FRANKFURT: B6K1) is pleased to announce the appointment of Mr. Jonathan Lee to the Advisory Board.
Mr. Lee is currently president of JGL Partners LLC, which provides consulting services on credit restructurings, municipal workouts, strategy, and capital allocation. Prior to this, Mr. Lee was a Senior Investment Analyst for a Boston based investment fund, Geologic Resource Partners LLP. In his role Mr. Lee determined suitable investments for the fund in both public and private mining and metals opportunities. Prior, Mr. Lee was an equity research analyst with a Toronto based investment bank. Additionally, Mr. Lee has advised a number of clients in the public markets sector on project due diligence, structuring, capital allocation, and strategic options. Prior, Mr. Lee was an environmental engineer for Camp, Dresser & McKee, Inc., where he designed, constructed and managed treatment facilities for EPA projects listed under the National Priorities List. Mr. Lee holds an MBA from the NYU Stern School of Business and a BSc degree in Chemical Engineering from Tufts University where he graduated cum laude.
Jeremy Poirier, Bearing's president and Chief Executive Officer, commented: "We are excited to have Jonathan Lee join Bearing’s Advisory Board. Jonathan brings a wealth of experience on the capital markets and valuation side which complements the skill set of our other board members.”
In connection with his appointment, Mr. Lee has been granted 50,000 incentive stock options (“Options”).Each Option allows him to acquire one common share of the Company at an exercise price of $0.86 for a period of four years.