Bearing Lithium Corp. (BRZ.V)
- GlobeNewswire
LPI Completes Maricunga Ownership Consolidation
HIGHLIGHTS LPI has now completed the Bearing Transaction to acquire the final 17.14% interest in MaricungaLPI has now consolidated ownership of 100% of Maricunga SYDNEY, Australia, Dec. 24, 2022 (GLOBE NEWSWIRE) -- Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to advise that it has now successfully completed the Plan of Arrangement with joint venture partner Bearing Lithium Corp. (BRZ:TSXV) (“Bearing Transaction”) who held a 17.14% interest in the Maricunga l
- GlobeNewswire
Bearing Lithium Announces Closing of Maricunga Project Consolidation
VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) -- (TSXV: BRZ) Bearing Lithium Corp. ("Bearing" or the "Corporation") is pleased to announce that effective today it has closed the previously announced plan of arrangement (the "Arrangement") with Lithium Power International Limited ("LPI") (ASX:LPI) and LPI Canada Holdings Ltd. ("AcquireCo"). Pursuant to the Arrangement, AcquireCo, a wholly owned subsidiary of LPI, acquired all of the issued and outstanding common shares of Bearing (t
