Bullboard - Stock Discussion Forum Bearing Lithium Corp BLILF

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Bearing Lithium Corp operates as an exploration and development company in North America. The company is focused on identifying, advancing, and de-risking lithium projects. Its project includes the Maricunga Lithium located northeast of Copiapo in the region of the Atacama in northern Chile.

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OTCPK:BLILF - Post Discussion

Bearing Lithium Corp > Re: How many share ?

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Post by EMTguy on Aug 01, 2022 6:58pm

Re: How many share ?

So how many share of LPI do we get of Bearing share ?

152

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Comment by EMTguy on Aug 02, 2022 1:13pm

Humm 78 reads and nobody can say ??

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Comment by moorage on Aug 03, 2022 9:33am

The merger of Bearing will be structured as a plan of arrangement whereby Bearing shareholders will receive 0.7 of an LPI share for every one Bearing share held (“Exchange Ratio”) (up to 94.5 million LPI shares) 1, and in addition Bearing shareholders will receive a cash distribution (by way of a capital return) estimated at C$0.02 per share.... ...the value of the share ...more

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Comment by moorage on Aug 03, 2022 9:55am

Since the LPI share price has risen to AU$0.54, today's fair value is Can$0.356 per one BRZ share. The share price of BRZ thus has a discount of about 30% to yesterday's BRZ closing price.

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