CORPORATE PRESENTATION

September 2017

TSX-V:BRZ OTCQB:BRGRF

ADVANCING CHILE’S HIGHEST-GRADE PRE-

PRODUCTION LITHIUM BRINE PROJECT

DISCLAIMER

This presentation includes certain "forward-looking information” and "forward-looking statements” (collectively "forward-looking statements”) within

the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of

1995. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operating or

financial performance of the Company, are forward-looking statements.

Forward-looking statements are frequently, but not always, identified by words such as "expects”, "anticipates”, "believes”, "intends”, "estimates”,

"potential”, "possible”, and similar expressions, or statements that events, conditions, or results "will”, "may”, "could”, or "should” occur or be

achieved. Forward-looking statements in this press release relate to, among other things: completion of the proposed transaction with Li3,

completion of a Prefeasibility Study and completion of a Definitive Feasibility Study. Statements concerning mineral resource estimates may also

be deemed to constitute forward-looking information to the extent that they involve estimates of the mineralization that will be encountered if the

Maricunga Project is developed. Actual future results may differ materially. There can be no assurance that such statements will prove to be

accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect

the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while

considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social

uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be

materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements

and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the

absence of a material adverse change in the Maricunga Project; fluctuations in the price of lithium or certain other commodities; fluctuations in the

currency markets; changes in national and local government, legislation, taxation, controls, regulations and political or economic developments;

risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial

accidents, unusual or unexpected formations, pressures, cave-ins and flooding); the presence of laws and regulations that may impose

restrictions on mining; employee relations and receipt of all necessary regulatory and shareholder approvals for the Li3 transaction. Readers

should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except

as required by law, Bearing does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other

factors, should they change, except as required by law.

Robert Cameron, P.Geo., Technical Advisor to Bearing Resources, is the Qualified Person

for the purposes of NI 43-101 and has approved this written disclosure.

2

LI3 ENERGY TRANSACTIONOverview

3

Bearing Lithium (TSXV:BRZ) entered into a definitive agreement with Li3 Energy

(OTCQB:LIEG) to acquire it for consideration of 16M shares. The transaction will close on

October 2, 2017.

Li3 Energy’s primary asset is a 17.7% interest in the Maricunga lithium project in Chile,

which is free-carried through the delivery of a definitive feasibility study (DFS) by the

projects’ partner.

The Maricunga Project is the highest grade, undeveloped lithium salar in the Americas. It is

second in grade only to the Salar de Atacama, which accounts for 100% of Chile’s lithium

production and about 40% of global production.

Over US$30 million has been invested in the project to date which has generated a NI 43-

101 Measured Resource of 1.7 Mt LCE and Inferred Resource if 0.4 Mt at an average

grades of 1,160 mg/L Li.

The project is comprised of a number of tenements totaling 4,463 hectares, some of which

are grandfathered under a previous mining code which allows for the immediate exploitation

of lithium.

POSCO (NYSE:PKX), one of the world’s largest steel manufacturers, invested US$18M

into Li3. Developed proprietary lithium extraction technology which recovered over 80% of

lithium from brine in under 24 hours with a fraction of the environmental footprint. POSCO is

anticipated to own ~8% of BRZ post-transaction.

THE LITHIUM MARKETGlobal Lithium Supply

4

Source: VisualCapitalist

THE LITHIUM MARKETLithium Pricing & Applications

5

Source: VisualCapitalistSource: Data provided by Benchmark Mineral Intelligence and compiled by VisualCapitalist

Source: VisualCapitalist

THE LITHIUM MARKETChina Leading the Battery Charge – Megafactories to Grow 6x by 2020

6

Source: Data provided by Benchmark Mineral Intelligence and compiled by VisualCapitalist

THE LITHIUM MARKETLithium Demand Composition & Growth Drivers

7

Source: VisualCapitalist

THE LITHIUM MARKETAutomakers Outline EV Growth Plans

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Volvo, Betting on Electric, Moves to Phase Out Conventional Engines

• All new models introduced starting in 2019 will be either hybrids or pure electric

VW says it needs '40 gigafactories' for electric-car batteries by 2025

• Based on production projections of 3 million electric cars with 60-kilowatt-hour battery packs

BMW to produce 12 EV models & 13 hybrid models by 2025

• All models to offer electrified powertrain options (full electric or hybrid) by 2020

Jaguar Land Rover – All cars will have EV or hybrid version by 2020

• Every new model line will be electrified from 2020

The Power Consumed by Electric Vehicles Is About to Surge 300-Fold

• Vehicles seen accounting for 5% of electricity use by 2040

• Electric vehicles will be more than half of new cars sold

The Electric Car Revolution Is Accelerating

• Electric cars will be as cheap as gasoline models by 2025

• Battery manufacturing capacity will triple in the next four years

BMW reportedly takes aim at Tesla Model 3 with all-electric 3-Series sedan

• BMW to unveil an all-electric 3-Series line of cars at the Munich Auto Show in September 2017

• BMW states vehicles will have a range of 248 miles per charge

MARKET COMPARABLESAttractively Positioned Relative to Peers

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Resource Sample

Orocobre Limited TSX:ORL 877 Olaroz Producing 690

Lithium Americas Corp. TSX:LAC 672 Cauchari Construction 585

Bearing Lithium Ltd. TSXV:BRZ 37 Maricunga M&I Resource 1,160

Lithium X Energy Corp. TSXV:LIX 177 Los Angeles M&I Resource 456

Neo Lithium Corp. TSXV:NLC 121 3Q M&I Resource 716

Advantage Lithium Corp. TSXV:AAL 66 Cauchari Inf. Resource 380

Pure Energy Minerals Limited TSXV:PE 72 Clayton Valley M&I Resource 149

Wealth Minerals Ltd. TSXV:WML 161 Atacama Exploration untested

LSC Lithium Corporation TSXV:LSC 68 Various Exploration untested

Millennial Lithium Corp. TSXV:ML 68 Pastos Grandes Exploration 392

Sourced from Capital IQ on September 13, 2017

Bearing presented pro-forma post Li3 Energy acquisition

Grade (mg/L Li)StageCompany Ticker

M.Cap

C$MPrimary Project

MARICUNGA PROJECTHighest Grade Undeveloped Lithium Project

10

Maricunga¹ Atacama²Hombre

Muerto³Olaroz⁴ Cauchari⁵

Los

Angeles⁶Tres Quebradas⁷ Rincon⁸ Uyuni⁹

Country Chile Chile Argentina Argentina Argentina Argentina Argentina Argentina Bolivia

OwnerLPI / MSB /

BRZSQM / ALB FMC

ORL /

Toyota /

JEMSE

SQM / LAC

/ JEMSE

LIX / SESA

/ AberdeenNeo Lithium

Energi

Group

(Private)

COMIBOL

(Gov't)

Lithium (mg/L) 1,160 1,835 744 690 584 451 714 397 424

Potassium (g/L) 8,500 22,626 7,404 5,730 4,849 4,945 6,537 7,513 8,719

Magnesium (g/L) 7,540 11,741 1,020 2,270 1,421 1,850 1,458 3,419 7,872

SO₄/Li 0.8 11.0 13.8 25.8 29.7 15.9 0.5 30.7 24.3

Mg/Li 6.5 6.4 1.4 3.3 2.4 4.1 2.0 8.6 18.6

K/Li 7.3 12.3 10.0 8.3 8.3 11.0 9.2 18.9 20.6

K/Mg 1.1 1.9 7.3 2.5 3.4 2.7 4.5 2.2 1.1

Altitude (masl) 3,800 2,300 4,000 3,900 4,000 4,000 4,100 3,700 3,700

Sources:

¹ Minera Salar Blanco NI 43-101 resource report, August 2017

² SignumBOX

³ Roskill, 2009

⁴ Salar de Olaroz Technical Report, May 2011

⁵ Cauchari-Olaroz Updated Feasibility Study, March 2017

⁶ Sal de Los Angeles Technical Report, August 2016

⁷ Tres Quebradas Technical Report, May 2017

⁸ Enirgi Group Press Release, July 2016

⁹ Roskill, 2009

MARICUNGA PROJECTJoint Venture Development Timeline

11

Deliverables:

Pre-Feasibility Study (PFS) in Q4/17

Definitive Feasibility Study (DFS) in H1/18

PHASE 1 PHASE 2 PHASE 3

Exploration & Resource Drilling Groundwater Model Define Production Schedule

Pumping Well Drilling & Testing Reserve Estimation

Resource Update

Evaporation Pond Construction Pilot Plant / Process Design Pilot Plant Operation

Brine Sampling & Testing Brine Sampling & Testing Flowsheet Optimization

Pilot Plant Design Engineering Studies Brine Sampling & Testing

Monitoring Well Installation Environmental Monitoring Environmental Monitoring

Weather Station Construction Submission of EIA Government Approval

Infrastructure Plan

Award Engineering Contract

(WorleyParsons selected) Enginnering Design

Pre-Feasibility Study

Definitive Feasibility Study

Infrastrucure Studies

(Power & Water)

Resource Estimation

& Reserve Evaluation

Processing Test Work

Environmental

Impact Assessment

(EIA)

Feasibility Study &

Design Engineering

June 2017 December 2017 December 2018

US$12.45M Spent US$9.55M RemainingFully Carried for

US$22M Program

Completed

Underway

M&I Resource has tripled in size while adding a significant Inferred Resource and maintaining high grades

M&I Resource of 1.72 Mt of lithium carbonate (Li₂CO₃) plus Inferred Resource of 0.43 Mt Li₂CO₃

Updated resource does not incorporate resource below 200 metres (c.f. 360m hole which terminated in high-grade brine)

Exploration target could add an additional 1.0 to 2.5 Mt of lithium carbonate & 2.9 to 6.6 Mt of potassium chloride

MARICUNGA PROJECTUpdated Resource Estimate (NI 43-101)

12SEE APPENDIX FOR DETAILS

Brine Volume

(km³)

Concentration

(mg/L Li)

Concentration

(mg/L K)

Contained

(kt Li)

Contained

(kt K)

Measured 0.15 1,174 8,646 170 1,250

Indicated 0.14 1,071 7,491 155 1,100

M&I 0.30 1,143 8,292 325 2,350

Inferred 0.06 1,289 9,859 80 630

Numbers may not add due to rounding

Contained Lithium Carbonate

(kt Li₂CO₃)

Contained Potassium

Chloride (kt KCl)

Measured 900 2,400

Indicated 820 2,100

M&I 1,720 4,500

Inferred 430 1,200

Numbers may not add due to rounding

Lithium is converted to lithium carbonate (Li₂CO₃) with a conversion factor of 5.32

Potassium is converted to potassium chloride (KCl) with a conversion factor of 1.91

Resource estimate includes all concessions down to a depth of

200 metres

Potential for significant growth below 200 metres as evidenced

by hole S-19 which terminated in high-grade brine assaying 877

mg/L Li

Geophysical & seismic surveys indicate the extends to at least

400 metres and possibly more than 500 metres deep.

MARICUNGA PROJECTFuture Growth Potential

13

MARICUNGA JVJV exploration holes, 2016

JV pump test wells, 2016

Assay results from ‘old code’ tenements are highly encouraging:

demonstrating grades consistent with or better than observed in the Litio

concession (which is host to the current M&I resource).

MARICUNGA PROJECTHigh Grade Results from Latest Drilling

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Hole TenementTotal

Depth (m)

Assay

Interval (m)

Lithium

(mg/L avg)

Potassium

(mg/L avg)

Lithium

(mg/L max)

M10 Cocina 200 40 1,239 8,611 1,571

M1 Cocina 77 75 1,447 9,903 1,946

M2 Cocina 198 190 931 6,605 1,700

S5 Salamina 200 186 1,005 6,934 1,270

S3 San Francisco 200 186 1,040 7,708 1,240

S13 San Francisco 200 186 999 7,294 1,260

S6 San Francisco 200 186 1,368 9,468 3,375

M1A Cocina 200 192 822 6,104 2,006

S2 Cocina 200 192 954 6,580 1,940

S18 Litio 173 168 1,382 11,041 1,740

S19 Cocina 360 336 975 7,273 1,614

P4 Cocina 180

Source: Lithium Power International Ltd. Press Releases

Pumping well averaging 25 litres per second

Results from Phase 1 exploration program (Sept’16 – Jan’17) successfully

delineated high-grade lithium brine in all holes, with 200m deep holes

averaging from 822 to 1,382 mg/L lithium and 6,104 to 11,041 mg/L

potassium.

Expansion of the lithium brine body is indicated as deep drilling

encountered a continuation of the sandy units to the end of the hole at

360m, suggesting significant additional brine underlies the current

resource drilling defined to 200m.

MARICUNGA JVJV exploration holes, 2016

JV pump test wells, 2016

Flow rates from pump testing at the Maricunga project are highly encouraging as they rank amongst the highest reported

values from other projects in South America

MARICUNGA PROJECTExtremely High Flow Rates from Pump Testing

15Images: V-notch weir (left) and fluid flow meter (right)

Field evaporation testwork began in October 2016

Initial testwork has been highly encouraging, with concentration increasing 5x over the first three months (from 1,260

mg/L to over 6,300 mg/L lithium by the end of December 2016).

Lithium concentrations continue to increase with potassium chloride precipitating in the ponds as the brine concentration

increases. Potassium chloride or potash is a beneficial by-product of lithium brine production.

WorleyParsons has been awarded a multi-million dollar contract to lead the project design and feasibility study work

MARICUNGA PROJECTDe-risking Plan Led by World Renowned WorleyParsons

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Image: Test evaporation ponds

MARICUNGA PROJECTTenement Map & Potential for Consolidation

17

The Maricunga salar is located in northern Chile with excellent

infrastructure: adjacent to International Highway 31 (which

connects northern Chile & Argentina) with grid power accessible to

the east.

The project is located close to critical roads and port infrastructure:

170 km northeast of Copiapó and 250 km from the Chilean Coast.

The project is comprised of a number of tenements located in the

northern (lithium-rich) section of the Maricunga salar:

The Maricunga Salar has been subject to significant past

exploration under the previous partners, MSB and Li3 Energy.

More than US$30 million has been invested in these tenements

over the past four years. MARICUNGA JV

MARICUNGA PROJECTJoint Venture Structure

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All the tenements / concessions are held by the Maricunga Joint Venture company (Maricunga JV).

Under the terms of the joint-venture, Minera Salar Blanco (MSB) and Bearing (BRZ) are free carried with Lithium Power

International (LPI) funding all expenditures beyond to the delivery of a Definitive Feasibility Study (DFS) by 2018.

LPI has earned in an initial 32.5% through exploration, property and share payments totaling US$21.7 million. In order to

earn-in their remaining interest, up to a maximum of 50%, they are to fund an additional US$9.55 million in exploration and

development costs.

The Board and Technical Committee for the Maricunga JV will be split by LPI, MSB and Bearing.

Vested Interest

Current Final

MSB 43.6% 32.3%

BRZ 23.9% 17.7%

LPI 32.5% 50.0%

Additional US$9.6

million expenditures

by September 2018

All JV partners have

a right of first refusal

in the event of a sale

If LPI is unable to meet their financial obligations under

the earn-in agreement, Bearing & MSB may:

• Repurchase LPI’s vested interest at a 20% discount

• Contribute funds to earn the remaining interest

In Chile, lithium is considered “strategic” and therefore under the current mining law, it is a non-concessible substance

Only mining exploitation concessions initiated before 1979 are authorized for the exploitation of lithium. The Cocina, San Francisco, Salamina, and Despreciada mining concessions fall under this category (also referred to as “old code” or “grandfathered” tenements / claims)

The Chilean government acknowledges that it is time to redefine the strategic categorization of lithium and new government has lithium as a priority

In June 2014, the government established the National Lithium Commission to recommend a new State Policy for the exploitation of lithium and promotion and development of new projects

The recent announcements by the Chilean government provide positive steps for the lithium industry in Chile. Government is committed to provide mechanisms for non-grandfathered lithium claims to advance their projects and Chilean President directly instructed Codelco to move forward with its Maricunga and Pedernales lithium claims to promote new lithium production.

In early 2017, Codelco announced it had formed a lithium subsidiary to facilitate a process is its currently running to identify a partner for it’s lithium projects, for which it anticipates to announce by year-end 2017. In addition, Codelco was recently awarded a permit by the Chilean Nuclear Energy Commission (CChEN) to extract up to 1.73 Mt of lithium carbonate (325,045 t Li) from the Maricunga salar.

In early 2017, the Government granted Albemarle (NYSE:ALB) an amendment of it’s lithium production rights with the Chilean Economic Development Agency (CORFO) to expand its quota to 80,000 tonnes annually of technical and battery grade lithium sales over the next 27 years.

Government initiatives bring Chile to the forefront to advance lithium production in one of the best jurisdictions worldwide, attracting world class strategic partners

CHILEAN MINING LAW AND WAY FORWARDSpecial Circumstances Around Lithium

19

MANAGEMENT TEAMKnowledgeable, Experienced, Proven

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Jeremy Poirier | President and CEO

Jeremy Poirier has over 12 years of experience in the capital markets, built

a strong network of investor and industry contacts, served on a number of

boards, and held senior officer positions at several public and private

companies. Most recently, Mr. Poirier was a co-founder of Pure Energy

Minerals Limited (TSXV:PE) and served as a Director from December

2013 to September 2016, in addition to holding a senior management role.

During his tenure with Pure Energy, he reviewed numerous lithium assets

and fostered relationships with various partners throughout the supply

chain. Mr. Poirier was instrumental in the formation of Bearing Resources

in it’s current form, including facilitating a number of over-subscribed

capital raises, in addition to the acquisition of Li3 Energy and a number of

other corporate developments. He also serves as a Member of Advisory

Board at Nevada Energy Metals Inc. (TSXV:BFF) since April 2016 and

serves as a Director of CVR Medical Corp. (TSXV:CVM) since September

2016.

Benjamin Asuncion | VP Business Development

Ben Asuncion has over a decade of experience in the capital markets and

natural resources sector. Mr. Asuncion was at Haywood Securities Inc., a

privately owned Canadian brokerage firm, in equity research from 2007

through to 2016. As a research analyst, he covered companies from

exploration through to production in the precious metals, diamond and

lithium space. Prior to joining Haywood, Benjamin was involved in the

management of an endowment fund at Simon Fraser University (SFU).

Mr. Asuncion holds a Bachelor of Business degree from SFU with

concentrations in finance, accounting and management science.

Luis Saenz | President of South American Operations

Mr. Saenz is a finance executive with nearly 25 years of experience in

mining finance and metals trading with a focus on Latin America. Mr.

Saenz has served as CEO and Director of Li3 Energy since 2009, in

addition to serving on serving on the board of Atico Mining (TSXV: ATY)

and acting as an advisor to Faro Capital in Peru for all mining transactions.

Throughout his career, Mr. Sáenz has held senior rolls 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.

Ann Fehr | CFO & Corporate Secretary

Ann Fehr is the founder of Fehr & Associates and has several years of

senior management and consulting experience. She has worked in

management since she received her CGA designation in 1996. During her

career she also spent several years providing senior level accounting

services to publicly traded companies and currently holds CFO positions in

several. As such, Ann is specially qualified to assist with senior

management level problem solving and support the CFO/controller

functions of a company. The majority of Ann's senior management and

board governance experience is in the real estate and mining industries,

as well as through volunteer work. She has also worked extensively with

tax and year end accounting.

BOARD OF DIRECTORSKnowledgeable, Experienced, Proven

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Jeremy Poirier | Bearing President, CEO and Director

Patrick Cussen | Director

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 is currently the Chairman of the Board

of Li3 Energy Inc. (“Li3”). As previously announced, the Company has

entered into a binding letter of intent to acquire an interest in the

Maricunga Lithium Project in Chile from 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 W. Heenan | Director

Mr. 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.

Kirk Shaw | Director

Mr. Shaw retains extensive experience with public company disclosure

requirements, tax law and business development. Shaw is currently the

head of Odyssey Media Inc. With offices in Vancouver, Los Angeles and

Brisbane, Kirk actively finances and produces multimillion dollar movies

with stars such as John Cusack and Sharon Stone. His past work in the

entertainment industry includes the academy award winning The Hurt

Locker as well as leading Canada's largest independent film and television

production company where he produced, financed and delivered over 165

movies, series and documentaries (aggregate revenue exceeding $600

million) to clients such as Sony and NBC Universal. In addition to the

entertainment industry, Kirk Shaw is an active director, officer and investor

in exploration companies listed on Canadian stock exchanges.

Amar Balaggan | Director

Mr. Balaggan is a Certified General Accountant (C.G.A., C.P.A.) and holds

a Bachelor of Technology degree in Accounting, along with a Diploma in

Financial Management, from British Columbia Institute of Technology

(BCIT). He was one of the founding members of Odyssey Media Inc. and

has been serving as Odyssey Media Inc.'s Corporate Controller since

2009. Mr. Balaggan has worked as the Corporate Controller at Insight Film

Studios Ltd, as the treasurer for a local non-profit, as an tax advisor /

accountant at a local Chartered accountant Firm and has also served as

the Chief Financial Officer at Sophia Capital Corporation (TSX-V) and

Folkstone Capital Corporation (TSX-V).

TECHNICAL ADVISORSVast Experience in Lithium Brine Deposits in South America

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Don Hains, P. Geo. — Qualified Person under TSX NI

43-101 Standards

An industrial minerals exploration and economic geologist with over 35

years of experience in development, use and analysis of industrial

minerals properties; Prepared valuation reports to feasibility and market

studies in Canada, United States, Europe, Africa and Asia; Registered

Professional Geoscientist (Ontario License #0494); Author of CIM Best

Practice Guidelines for Estimation of Lithium Brine Resources and

Reserves.

Frits Reidel, CPG — Qualified Person under TSX NI 43-

101 Standards

Hydrogeologist with 25 years of working experience on water, brine and

infrastructure related projects for the mining industry in North and South

America; Previously involved with the reserve evaluation and feasibility

study of Orocobre Ltd; Technical advisor to Lithium Americas Corp on the

Cauchari Lithium Project, and participated in the initial resource evaluation

of Salar de Hombre Muerto for FMC.

Robert Cameron P. Geo. – Advisor & Qualified Person

Mr. Cameron is a graduate of Carleton University and a member of the

Association of Professional Engineers and Geoscientists of British

Columbia. Mr. Cameron has over 30 years of experience in the mining

industry. He was the Chief Executive Officer (and President until Aug

2010)of Valley High Ventures from Sept 2008 to March 2011, when it was

sold for ~$120 million. He held the position of Vice President and Manager

of Exploration for Phelps Dodge Corporation of Canada Limited (a

subsidiary of Freeport McMoran Copper and Gold Inc.) between 2001 and

2008. Mr. Cameron's career includes all aspects of mining exploration

throughout the world including North and South America, Asia and Europe.

Mr. Cameron is a qualified person for the purposes of NI 43-101.

Peter Ehren, Aus IMM

Independent consultant, expert in development processes and technical

and economic assessment of new projects, especially relating to lithium

(brine and minerals) and potassium. Previously evaluated projects in

China, Chile, Argentina, and Australia and currently working for Orocobre.

Macarena Gonzalez

Environmental consultant, expert in the environmental and social fields,

current consultant and partner of Process and Environmental Consultancy;

Handled environmental matters and developed DIA’s and EIA’s for Salar

de Olaroz, Salar de Maricunga, Salar de Aguas Calientes, among others.

Pedro Pavlovic

Chemical senior engineer with 40 years of experience in project

development, particularly in production of potassium nitrate, lithium

carbonate, potassium chloride, and iodine. Previously prepared sampling

procedures for brine, evaporation design for test work and lithium

processing routes.

Carlos Espinoza, PhD

Current Associate Professor of Universidad de Chile, extensive experience

in hydrogeological simulation and modeling, baseline studies evaluation of

environmental impact studies and water resources, and evaporation well

simulation (Salar de Atacama).

BEARING CAPITALIZATIONCapital Structure & Financial Position

23

Current Insider Ownership: 8%Insider Ownership Post-Transaction: 16%

CONTACT INFORMATION

Jeremy Poirier | President & CEO

(604) 262-8835

jpoirier@bearinglithium.com

TSX-V:BRZ OTCQB:BRGRF