Bearing Announces Proposed Repricing of Warrants, page-2

Something positive will happen until August 2019. Hopefully not only at our partner BRZ.
Why else would the exercise price have been reduced to only 0.31 ? ( Today's course BRZ is 0.225 ):

Bearing Lithium warrant price reduction 2019-03-19 16:14 ET - Miscellaneous
The TSX Venture Exchange has consented to the reduction in the exercise price of the following warrants.Warrants: 4,565,000Expiry date: Aug. 8, 2019, and Aug. 16, 2019Original exercise price: 40 centsNew exercise price: 31 centsThese warrants were issued pursuant to a private placement of 9.13 million shares with 4,565,000 share purchase warrants attached, which was accepted for filing by the exchange effective Dec. 17, 2018.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aBRZ-2732677&symbol=BRZ&region=C