Bearing Lithium Corp fka BRGRF

[climber18]

So that nothing stands in the way of the Maricunga lithium sale:


Bearing Plans Spin-Out Transaction

Newsfile Corp.
NewsfileMarch 21, 2018

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2018) - Bearing Lithium Corp. (TSXV: BRZ) (OTCQB: BRGRF) (FSE: B6K1) ("Bearing" or the "Company") is pleased to announce that its Board of Directors has approved, in principle, a strategic reorganization of the Company's assets pursuant to which the Company would spin off its holdings of common shares of Commander Resources Ltd. (TSXV: CMD), as well as its interests in exploration projects in the gold district of the Yukon and a lithium project in Nevada (the "Exploration Projects") into a newly incorporated subsidiary ("SpinCo"). Bearing will continue to hold its interest in the Maricunga lithium project.

More: https://finance.yahoo.com/news/bearing-plans-spin-transaction-120000850.html