Bearing Provides Update on Pedro Property and Corporate Matters

Bearing Resources Ltd. ("Bearing", or the "Company") (TSX VENTURE:BRZ) announces
that Newmont de Mexico, S.A. ("Newmont") has provided notice to the Company
terminating its option agreement over the Pedro property in Mexico effective
July 11, 2014. The Company is still awaiting the results from the recent drill
program and will release these drill results in due course.


The Company also wishes to announce that the new slate of directors that were
announced on May 14, 2014 were appointed to the Board at the Company's recent
Annual General and Special Meeting. The Board of Directors currently consists of
three independent directors: Kirk Shaw, Amar Balaggan and Eduard Epshtein.
Robert Cameron, President and CEO and Damian Towns, CFO, remain in their
respective management roles.


About Bearing Resources

Bearing is a Canadian based precious and base metal exploration company with
projects located in British Columbia, the Yukon and Mexico. In British Columbia
the Company has discovered a gold-bearing skarn system on its October Dome
property near the currently producing QR Gold Mine. The Company's Mount Polley
projects is located in near Imperial Metals Corporation's Mt. Polley copper-gold
mine and includes a production royalty on the Boundary property. The Company
also holds interests in projects in the Yukon including the Flume Project in the
White Gold District. In Mexico, the Company holds the Pedro property which has
recently been drilled by Newmont.


BEARING RESOURCES LTD.

Robert Cameron, President & CEO

This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. Such forward-looking statements or information,
including but not limited to, those with respect to future exploration programs
and venture arrangements involve known and unknown risks, uncertainties, and
other factors which may cause the actual results, performance or achievements of
Bearing to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or
information. Such factors include, among others, the actual prices of
commodities, the factual results of current exploration, development and mining
activities, changes in project parameters as plans continue to be evaluated, as
well as those factors disclosed in documents filed from time to time with the
securities regulators in the applicable Provinces of British Columbia and
Alberta. Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bearing Resources Ltd.
Robert Cameron
President & CEO
[phone]
[e-mail]
www.bearingresources.ca