We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 : 5891V
Bacanora Lithium PLC
14 December 2021
14 December 2021
Bacanora Lithium plc
("Bacanora" or the "Company")
Zinnwald Lithium fundraise
Bacanora Lithium plc (AIM: BCN), a lithium development company, is pleased to note that today Zinnwald Lithium Plc (AIM: ZNWD) ("Zinnwald") announced that it has completed a fundraise of approximately GBP5.8m to enable it to advance further its wholly-owned Zinnwald Lithium Project.
The announcement can be viewed in full at the link below:
https://www.londonstockexchange.com/news-article/ZNWD/result-of-placing-and-retail-offer/15249776
Peter Secker, CEO of Bacanora, commented:
"Zinnwald has made excellent progress in 2021, including consolidating full ownership of the project, and these new funds will allow them to advance their goal of becoming a strategic supplier of lithium to the European markets."
For further information please visit www.bacanoralithium.com or contact:
Bacanora Lithium plc info@bacanoralithium.com Peter Secker, CEO Janet Blas, CFO Cairn Financial Advisers LLP, Nomad Sandy Jamieson / Liam Murray +44 (0) 20 7213 0880 Citigroup Global Markets, Joint Broker Patrick Evans / Matthew Kenney / Andrew Miller-Jones +44 (0) 20 7986 4000 Canaccord Genuity, Joint Broker James Asensio / Sam Lucas / Thomas Diehl +44 (0) 20 7523 8000 Tavistock, Financial PR Adviser Bacanora@tavistock.co.uk Jos Simson / Nick Elwes / +44 (0) 20 7920 3150 Oliver Lamb +44 (0) 77 8855 4035
Notes to editors
Bacanora Lithium Plc is an AIM-listed (ticker 'BCN') lithium development company. The Company is focused on building, in collaboration with its major shareholder and offtake partner, Ganfeng Lithium (the world's largest lithium metals producer), a 35,000 tonne per annum open pit lithium carbonate operation at its flagship asset, the Sonora Lithium Project in Mexico. The Sonora Lithium Project has 8.8 million tonnes of lithium carbonate (Li(2) CO(3) ) equivalent resources, with an approximate 250-year resource life, as detailed in its December 2017 Feasibility Study.
Sonora Lithium Ltd ("SLL") is the operational holding company for the Sonora Lithium Project and owns 100% of the La Ventana concession. The La Ventana concession accounts for 88% of the mined ore feed in the Sonora Feasibility Study which covers the initial 19 years of the project mine life. On completion of this option exercise, SLL will be owned 50% by Bacanora and 50% by Ganfeng Lithium Co., Ltd. SLL also owns 70% of the El Sauz and Fleur concessions.
Bacanora also owns 30.9% of Zinnwald Lithium Plc (AIM: ZNWD), which in turn owns a 100% interest in the Zinnwald Lithium Project and the Falkenhain, Altenberg and Sadisdorf Licences in southern Saxony, Germany.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCGCBDDSXBDGBS
(END) Dow Jones Newswires
December 14, 2021 04:39 ET (09:39 GMT)
1 Year Bacanora Lithium Chart |
1 Month Bacanora Lithium Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions