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Director Appointment
The Board of Directors of Bacanora announces the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalisation of the terms of his appointment.
Mr. Hohnen brings with him experience in the Japanese, Chinese and Korean markets, all of which play a significant role in the production of lithium ion batteries and the development of electric vehicle technology. Mr. Hohnen has been involved in the mineral resource sector since the late 1970s.
He has had extensive international business experience in a wide range of industries including mining and exploration, property, investment, software and agriculture. He has held a number of directorships in both public and private companies and was founding Chairman of Cape Mentelle and Cloudy Bay wines, as well as the oil and coal company Anglo Pacific Resources Plc.
Mr. Hohnen was also a director of Kalahari Minerals and Extract Resources, having successfully negotiated the sale of both companies to Taurus (CGN). He remains on the board of Swakop Uranium, which is developing the world’s second largest uranium mine and the largest mine development in southern Africa. He is also a director of ASX listed, Wildhorse Energy Limited.
Colin Orr-Ewing, Bacanora Chairman, commented “We are delighted to have attracted such an experienced and qualified operator as Mark, whose proposed appointment significantly strengthens our Board and represents another positive endorsement of the Sonora Lithium Project and our ongoing progress in developing our assets. We look forward to welcoming Mark to our team and working closely together with him to continue building value for our shareholders.”
