Bearing Lithium Corp. announced that it Dr. Lee Sungwon has resigned from its board of directors to pursue other endeavours. Dr. Lee was a nominee of POSCO.

In addition, the Company announced that Ann Fehr, the Company's Chief Financial Officer, has also resigned to pursue other opportunities. Ms. Fehr will continue as Chief Financial Officer for the next two months in order to assist with transition matters while the Company completes its search for a new Chief Financial Officer.