Corporate Overview

Our Strategy

Bearing Lithium Corp. is a lithium-focused mineral exploration and development company. Its primary asset is a 17.14% 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 pre-production project in Chile. The 2019 Definitive Feasibility Study (DFS) demonstrates the project as one of the most efficient producers globally with a long-life, high-margin production profile. Over US$67 million has been invested in the Maricunga Project to date.

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Presentation October 2021

Stock Quote



Frankfurt:B6K2 (ISIN: CA02452K1049)

Management & Directors



Mr. Playford is a seasoned senior mining executive, having spearheaded the sale of LionOre Mining to Norislk Nickel (NILSY-US) in 2007 for C$6.8 billion in cash. Mr. Playford started his professional career with Union Carbide Corp. for 25 years and various senior executive positions including Managing Director in Switzerland, Belgium and Germany. Mr. Playford also was the Chairman and CEO of Union Carbide Canada and Chief Financial Officer of Union Carbide in New York. Mr. Playford became Chairman and CEO of UCAR Carbon, a joint venture with Mitsubishi and took the partnership public as GrafTech International. Mr. Playford then went on to found a nickel and gold mining company with assets in Africa and Australia, LionOre Mining International Ltd., and served as the CEO and subsequently as Chairman. Mr. Playford was instrumental in the sale of LionOre to Norilsk Nickel, a Russian mining conglomerate, in an all-cash offer of C$6.8 billion, having trumped a rival C$6.2 billion offer from Xstrata PLC. Mr. Playford holds an Engineering Degree from McGill University in Montreal and a Masters in Business Administration from York University in Toronto.



Mr. Sáenz is a finance executive with over 25 years experience in mining finance and metals trading with a focus on Latin America. Mr. Sáenz is a Director of Atico Mining Corporation with assets in Colombia, CEO and director of Compañia Minera Quiruvilca and South America Mining Investments with assets in Peru, and was the former CEO and a Director of Li3 Energy Inc. in Chile. Since April 2017, he has held the position of President of South American Operations for Bearing Lithium.Throughout his career, Mr. Sáenz has held senior roles 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.



Ryan Smith brings more than 12 years of financial experience from the banking and telecommunications sectors. Most recently, Mr. Smith served as a senior account manager for First Calgary Financial, where he managed a commercial real estate portfolio in excess of $250 million. Mr. Smith also has experience serving as a business manager for KMM, a leading provider of integrated services to the U.S. communications industry, and as a senior financial analyst for Axia FibreNet, the operator of Alberta’s fibre-based SuperNet. Mr. Smith is a former NCAA collegiate athlete and graduated from Keiser University with a Bachelor of Business Administration with a concentration in finance with summa cum laude distinction.



Ray Baterina has over 20 years of experience in administrative and corporate services ranging from provincial government to publicly traded companies and private companies. Starting a career in Financial Services with the Ministry of Transportation of BC, Mr. Baterina was responsible for external agreements in accounts receivable, financial analysis and management of budgets. He was then instrumental in coordinating and establishing the head office of GBS Gold International Inc., a publicly traded junior mining and exploration company. As the Assistant Controller with Pacific Group of Companies (NorLand Limited), Mr. Baterina was able to take his experience managing treasury and financial resources into his current position as the managing partner and financial controller of P&N Vero LLP, a privately owned wealth management company.



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 was previously the Chairman of the Board of Li3 Energy Inc. (“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 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.



Mr. Park received his PhD Candidacy in Environmental Science and Engineering from Pohang University of Science and Technology in 2010. He worked for the Research Institute of Industrial Science and Technology (RIST) from 1996 to 2018 and was the Lithium Project Leader from 2014 to 2018.

Martin Gubbins


Mr. Gubbins is a Chilean lawyer with 25 years of experience as an associate and partner of local law firms. He has also served as an independent legal advisor over the last three years. Mr. Gubbins has served as a board member for various private companies in Chile, with both Chilean and foreign investors. Mr. Gubbins is a member of the Advisory Legal Committee of Hogar de Cristo, the largest charity in Chile. From 2005-2018 he was a partner at CorreaGubbins (currently CorreaSquella) in Santiago, Chile. Mr. Gubbins graduated law school at the Universidad de Chile, Santiago. He also has a Master of Arts from the University of London.



Frits Reidel has more than 30 years of working experience on water and infrastructure related projects for the mining industry in North and South America. As a hydrogeological consultant he has guided characterization programs, permitting, and construction of water supply, tailing storage and open pit dewatering systems for a number of large-scale copper and gold mining projects in Argentina, Bolivia, Chile, Peru, United States and Venezuela. Frits also has extensive experience in the evaluation of lithium brine resources and was closely involved with the initial resource evaluation and feasibility of Salar de Hombre Muerto (FMC) in 1992/1993; thereafter was Member of the Technical Committee of Lithium Americas Corp for the exploration and brine resource evaluation of Salar de Cauchari in 2009/2010; he participated in the resource evaluation for the Feasibility Study of Salar de Olaroz (Orocobre Ltd.) in 2010/2011. He is serving as QP on the Salar de Maricunga Lithium Project (Minera Salar Blanco) since 2011 and the Sal de los Angeles Project (Tibet Summit Resources) since 2016; and he has participated in numerous due-diligence reviews of brine projects in South America. Frits is a registered member of the AIPG and the Chile Mining Commission (CCCRRM) and a Qualified Person under NI 43-101, JORC, and CH 20.235.

Corporate Directory

Mailing Address

#810 – 789 West Pender Street
Vancouver, BC
V6C 1H2   (Click for Map)

Contact Information

Gil Playford, Chairman, CEO and Director
Ryan Smith, Chief Financial Officer
Phone: +1 604 262 8835 ext. 105
Ray Baterina, Corporate Secretary 
Phone: +1 604 262 8835 ext. 101



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Vancouver, BC


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