BEARING RESOURCES LTD. ("BRZ")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 26, 2012
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced June 27, 2012:
Number of Shares: 2,000,000 flow-through shares
Purchase Price: $0.20 per share
Number of Placees: 29 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P / # of Shares
Hugh Cooper P 75,000
Tony Frakes P 25,000
John Frome P 100,000
Damian Towns Y 50,000
Len Cuthbert P 50,000
Michael Nininger P 125,000
Ian P. Howat Y 50,000
Geoffrey Chater Y 100,000
Lowell Schmidt P 50,000
Daniel Wilton P 100,000
Brian Bayley Y 100,000
Gary Huebner P 100,000
Robert Cameron Y 25,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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