Bearing Lithium is a mineral exploration and development company, focused primarily on lithium. Through an agreement with Li3 Energy Inc. (OTCQB:LIEG), Bearing will acquire an undivided 17.7% interest in the advanced-stage Maricunga project located in Chile. The Maricunga lithium brine project represents one of the highest-grade undeveloped lithium salars in the Americas. Over US$30 million has been invested in the project to date and all future expenditures through to the delivery of a Definitive Feasibility Study (DFS) are fully-funded by it's joint venture partners. A Pre-Feasibility Study (PFS) is anticipated in Q4/17 and a Definitive Feasibility Study (DFS) is anticipated in H1/18.
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MANAGEMENT & DIRECTORS
PRESIDENT AND CEO
Jeremy Poirier has over 12 years of experience in the capital markets, built a strong network of investor and industry contacts, served on a number of boards, and held senior officer positions at several public and private companies. Most recently, Mr. Poirier was a co-founder of Pure Energy Minerals Limited (TSXV:PE) and served as a Director from December 2013 to September 2016, in addition to holding a senior management role. During his tenure with Pure Energy, he reviewed numerous lithium assets and fostered relationships with various partners throughout the supply chain. Mr. Poirier was instrumental in the formation of Bearing Lithium in it’s current form, including facilitating a number of over-subscribed capital raises, in addition to the acquisition of Li3 Energy and a number of other corporate developments. He also serves as a Member of Advisory Board at Nevada Energy Metals Inc. (TSXV:BFF) since April 2016.
Mr. Cussen is an industrial civil engineer with 45 years of mining industry experience. He has extensive experience in minerals and mining and specifically in marketing, sales, project exploration, project evaluation and economic assessments. Mr. Cussen is currently the Chairman of the Board of Li3 Energy Inc. (“Li3”). As previously announced, the Company has entered into a binding letter of intent to acquire an interest in the Maricunga Lithium Project in Chile from Li3. Mr. Cussen has served as the Chairman of The Center for Copper and Mining Studies for 15 years, Cesco, a Chilean think tank on mining. Mr. Cussen holds an engineering degree and a Masters of Economics from the University of Chile.
TIMOTHY W. HEENAN
Timothy Heenan has over 26 years of exploration experience throughout the Americas, and has worked exclusively in South and Central America
since 1990. Mr Heenan has a wide range of diversified exploration experience throughout a range of geographic and geologic environments
and is considered to be a highly skilled explorationist. Mr Heenan has extensive experience in design and implementation of generative
to advanced exploration activities, and has been directly involved in the discovery and advancement of several high profile projects
which are currently in production, and others entering into their feasibility stage.
Mr Heenan is a founder of Mirasol Resources Ltd, and a former director of Mirasol for over 12 years since its inception and listing on the Canadian Ventures Exchange. Mr. Heenan has been based in Mendoza, Argentina with Mirasol as Exploration Manager since its inception in 2003, and prior to that lived and worked for numerous mining and exploration companies in Chile for over a decade. Apart from Mr Heenan´s direct hand´s on approach to exploration, he has also become very familiar with legal, corporate and administrative matters in both Chile and Argentina, is fluent in Spanish, and has developed an extensive network of contacts through-out the mining industry during his tenure in South America. Mr. Heenan is a Canadian citizen by birth, and maintains definitive legal residency status in both Chile and Argentina.
DIRECTOR AND PRESIDENT OF SOUTH AMERICAN OPERATIONS
VICE PRESIDENT, BUSINESS DEVELOPMENT
Over the past decade, Mr. Asuncion has accumulated extensive experience in the capital markets and the natural resources sector. In 2007, Mr. Asuncion joined Haywood Securities Inc., a privately owned Canadian sell side brokerage firm, as a research associate working within the mining space focusing on precious and platinum group metals. During his tenure at Haywood, he has been involved in a number of sectors including oil and gas, technology and telecom, in addition to his core focus on mining. He subsequently advanced to become a sell-side research analyst in 2012 covering companies from exploration through to production in the precious metals and lithium space. Prior to joining Haywood, Benjamin was involved in the management of an endowment fund at Simon Fraser University (SFU). Mr. Asuncion holds a Bachelor of Business degree from SFU with concentrations in finance, accounting and management science.
Mr. Cameron is a graduate of Carleton University and a member of the Association of Professional Engineers and Geoscientists of British Columbia. Mr. Cameron has over 30 years of experience in the mining industry. He was the Chief Executive Officer (and President until Aug 2010)of Valley High Ventures from Sept 2008 to March 2011, when it was sold for ~$120 million. He held the position of Vice President and Manager of Exploration for Phelps Dodge Corporation of Canada Limited (a subsidiary of Freeport McMoran Copper and Gold Inc.) between 2001 and 2008. Mr. Cameron's career includes all aspects of mining exploration throughout the world including North and South America, Asia and Europe. Mr. Cameron is a qualified person for the purposes of NI 43-101 and has reviewed the disclosure this site.
ANN FEHR, CPA,CGA
CHIEF FINANCIAL OFFICER AND CORPORATE SECRETARY
Ann Fehr is the founder of Fehr & Associates and has several years of senior management and consulting experience. She has worked in management since she received her CGA designation in 1996. During her career she also spent several years providing senior level accounting services to publically traded companies and currently holds CFO positions in several. As such, Ann is specially qualified to assist with senior management level problem solving and support the CFO/controller functions of a company. The majority of Ann's senior management and board governance experience is in the real estate and mining industries, as well as through volunteer work. She has also worked extensively with tax and year end accounting.