Replies to post #2840 on Bearing Lithium Corp (BRZ)

[climber18]

in a stock swap (eg 0.784 LPI share for 1 Bearing share)

Is this change safe ?

On this post on stockhouse:
https://stockhouse.com/companies/bullboard?symbol=v.brz&postid=34961090

....that LPI's recent private placement increased the number of LPI shares by 44,000,000 shares, or around 12%.
LPI's 57.7% stake in the - in some weeks - new LPI company will be retained.
In my opinion, the number of (new) LPI shares to be issued to BRZ shareholders should also be 12% higher to represent BRZ's 15.6 share in the new LPI company.
The old relationship :
for 1 BRZ shares there are 0.7 LPI shares
would therefore have to be adjusted by 12%: for 1 BRZ share there would then be 0.784 LPI shares.

this answer:
https://stockhouse.com/companies/bullboard?symbol=v.brz&postid=34963249

RE:RE: A significant ( positive ) change for all BRZ shareholders.
Hi EMTguy,
I already emailed BRZ and got a reply quickly. The answer is NO. I posted it on CEO.CA since I don't visit SH so often.