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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bacanora Lithium Plc | LSE:BCN | London | Ordinary Share | GB00BD20C246 | ORDS 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 67.00 | 67.00 | 67.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBCN
RNS Number : 1495V
Bacanora Minerals Ltd
26 January 2017
26 January 2017
Bacanora Minerals Ltd
('Bacanora' or the 'Company')
Board Change
The Board of Bacanora, the Canadian and London-listed (TSX-V: BCN and AIM: BCN) company focused on developing the Sonora Lithium Project ('Sonora' or 'the Project') in Mexico into a world class lithium carbonate operation, announces that Mr. Kiran Morzaria, a Non-executive Director of the Company, has stepped down with immediate effect to focus on his other business interests.
The Board would like to thank Kiran for the valuable personal contribution he has made in assisting with the development of Sonora, which is currently the subject of a Feasibility Study for a 35,000 tpa lithium carbonate operation. The Company is evaluating candidates with the relevant experience to complement its Board, as it focuses on advancing Sonora towards the construction and production phases.
**ENDS**
For further information, please contact:
Bacanora Minerals Peter Secker, CEO info@bacanoraminerals.com Ltd. --------------------- --------------------------- -------------------------- Cairn Financial Advisers LLP, Sandy Jamieson/Liam +44 (0) 20 Nomad Murray 7213 0880 --------------------- --------------------------- -------------------------- Numis Securities Ltd, John Prior/James +44 (0) 20 Broker Black/Paul Gillam 7260 1000 --------------------- --------------------------- -------------------------- St Brides Partners, Financial PR Frank Buhagiar/ Elisabeth +44 (0) 20 Adviser Cowell 7236 1177 --------------------- --------------------------- -------------------------- Macquarie Capital (Europe) Limited, +44 (0) 20 Corporate Adviser Raj Khatri 3037 2000 --------------------- --------------------------- --------------------------
ABOUT BACANORA:
Bacanora is a Canadian and London-listed minerals explorer (TSX-V: BCN and AIM: BCN). The Company explores and develops industrial mineral projects, with a primary focus on lithium. The Sonora Lithium Project, which consists of ten mining concession areas covering approximately 100 thousand hectares in the northeast of Sonora State. The Company, through drilling and exploration work to date, has established an Indicated Mineral Resource (in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")) of 4.5 million tonnes (lithium carbonate equivalent) and 2.7 million tonnes Inferred. A Pre-Feasibility Study completed in Q1 2016 demonstrated the positive economics associated with becoming a 35,000 tpa lithium carbonate and 50,000 tpa SOP producer in Mexico. The Company is led by a team with lithium expertise which have proven mine development, construction and operational experience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 26, 2017 02:01 ET (07:01 GMT)
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