Bacanora (BCRMF) 1.2023 $BCRMF
Bacanora Provides Update on the Sonora Lithium Project
Marketwire - Wed Aug 20, 3:38PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN) (AIM: BCN) is pleased to announce that it has received $US1,000,000 from its joint venture partner, Rare Earth Minerals, PLC ("REM" in connection with the exercise by REM of its second stage option in respect of Joint Venture #2 and provides an update on general exploration activities on the Sonora Lithium Project in northern Mexico.
Bacanora Announces Confirmation of Final Funding Obligation of Second Stage Option by Rare Earth Minerals Under Joint Venture Agreement# 2
Marketwire - Mon Aug 18, 5:24PM CDT
Bacanora Minerals Ltd. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN) is pleased to announce that its joint venture partner, Rare Earth Minerals, PLC ("REM" has instructed the delivery of $US1,000,000 to Bacanora in connection with the exercise of its second stage option in respect of Joint Venture #2. Upon receipt of such funds (which are en route via wire transfer) REM will have fulfilled all of its obligations in connection with the exercise of its second stage option and REM's ownership in Megalit S.A. de C.V. (the company holding the Buenavista, Megalit and San Gabriel concessions that form part of the Sonora Lithium Project in Mexico) will be increased from 10% to 30%. Bacanora will continue to own the remaining 70% interest in Megalit following the receipt of the foregoing funds. For further information on Joint Venture #2, please refer to the Company's press releases dated March 12 and May 26, 2014.
Early Warning Report -- Rare Earth Minerals Acquires 11.68 % of Bacanora Minerals Ltd
Newsfile Corp - Fri Jul 25, 2:00PM CDT
full story)
Bacanora Announces Admission to AIM and Completion of CAD$8.7m Equity Offering
Marketwire - Fri Jul 25, 7:31AM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN) is pleased to announce that the Company's Common Shares have been admitted to the AIM Market of the London Stock Exchange ("AIM" and that dealings commenced at 8:00 a.m. (U.K. time) today. For a copy of the Company's First Day of Dealings announcement or its AIM Admission Document, investors are referenced to the Company's website, www.bacanoraminerals.com.
Early Warning Report - Rare Earth Minerals Acquires 12.19% of Bacanora Minerals Ltd
Newsfile Corp - Mon Jul 14, 3:17PM CDT
full story)
Bacanora Announces Expected AIM Admission Date
Marketwire - Mon Jul 14, 11:59AM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN) is pleased to announce the release by the London Stock Exchange of a Schedule 1 Notice under AIM rules, with a target date of July 25, 2014 for admission of the Company's common shares onto AIM. It is anticipated that the Company's AIM Admission Document will be filed on or about July 22, 2014 and that its previously announced brokered financing will close concurrent with admission. For details concerning the aforementioned financing, please see the Company's press release dated June 25, 2014. Subsequent to the proposed AIM admission, it is the intention that Bacanora's common shares will, in the immediate future, continue to be listed on the TSX-V.
Bacanora Announces TSX-V Conditional Approval of Equity Offering
Marketwire - Thu Jun 26, 8:00PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company" is pleased to announce that the TSX Venture Exchange (the "TSX-V" has granted conditional approval in respect of its previously announced brokered financing that is expected to be completed in conjunction with its application for the admission of its common shares to trading on the AIM Market of the London Stock Exchange ("AIM" . In accordance with TSX-V rules, this approval authorizes Bacanora to collect subscriptions from placees and to close its financing in one or more tranches. Final TSX-V acceptance is subject to delivery (following closing and in any event prior to August 24, 2014) of final TSX-V forms and confirmation that the financing has been conducted in accordance with TSX-V rules. Bacanora intends to offer up to GBP 4,750,000 of common shares at a price of GBP 0.33 per share under this financing. Using a foreign exchange rate of GBP 1.00 = C$1.834, the offering price per security will be approximately C$0.605 and the aggregate gross proceeds of securities offered is expected to be up to approximately C$8,708,334. The proceeds of the offering will be used to cover the expenses associated with the AIM listing and to fund the preparation of a pre-feasibility study on the Company's Magdalena Borate Project, for the continuation of the Company's work program to establish the economic potential of the Sonora Lithium Project and for general working capital purposes.
Bacanora Announces Principal Terms of Equity Offering
Marketwire - Wed Jun 25, 3:45PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company" is pleased to announce the principal terms of its previously announced brokered financing that is expected to be completed in conjunction with its application for the admission of its common shares to trading on the AIM Market of the London Stock Exchange ("AIM" . Bacanora intends to offer up to GBP 4,750,000 of common shares at a price of 0.33p per share. Using a foreign exchange rate of GBP 1.00 = C$1.834, the offering price per security will be approximately C$0.605 and the aggregate gross proceeds of securities offered is expected to be up to approximately C$8,708,334. If fully subscribed, an aggregate of up to 14,393,940 common shares will be issued to subscribers under the offering in addition to shares and warrants that are expected to be issued to the Company's brokers and Nominated Advisor upon completion of the financing and admission onto AIM of the Company's common shares. The proceeds of the offering will be used to cover the expenses associated with the AIM listing and to fund the preparation of a pre-feasibility study on the Company's Magdalena Borate Project, for the continuation of the Company's work program to establish the economic potential of the Sonora Lithium Project and for general working capital purposes.
Bacanora Announces Filing of Technical Report and New Option Agreement With Rare Earth Minerals Plc
Marketwire - Tue Jun 24, 5:28PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) is pleased to announce the filing of a Technical Report ("Report" in respect of its Ventana and Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is entitled, Updated and Reclassified Lithium Resources, - Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a "qualified person" within the meaning of NI 43-101 and is independent of the Company. The Report summarizes increases to the resources tonnage and classification that were announced by the Company in its press release dated June 3, 2014. For a summary of those increases, readers are encouraged to refer to the prior press release or directly to the Report, which has been filed on SEDAR and is also available for download on the Company's website.
Bacanora Announces Officer Changes
Marketwire - Fri Jun 20, 5:18PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN) is pleased to announce the appointment of Mr. Colin Orr-Ewing as the Chairman of the Board of the Company. Mr. Orr-Ewing began his career as an investment manager for the Shell Pension Fund in London after qualifying as a Certified Accountant. He has a wealth of over 35 years' experience spanning both the oil and mining industries and has been a director of UK and Canadian oil companies and Irish and Canadian mining companies. Mr. Orr-Ewing has also acted as a consultant to a fund management company on its natural resources portfolios for the last 20 years, and, until 2013, was Executive Chairman of Vatukoula Gold Mines Plc. He was actively involved in the oil industry from 1971 to 1987, working with numerous companies in the North Sea, Libya, Nigeria and Algeria. Mr. Orr-Ewing is a geography graduate of Oxford University.
Bacanora Provides Update on the Sonora Lithium Project
Marketwire - Wed Aug 20, 3:38PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN) (AIM: BCN) is pleased to announce that it has received $US1,000,000 from its joint venture partner, Rare Earth Minerals, PLC ("REM" in connection with the exercise by REM of its second stage option in respect of Joint Venture #2 and provides an update on general exploration activities on the Sonora Lithium Project in northern Mexico. Bacanora Announces Confirmation of Final Funding Obligation of Second Stage Option by Rare Earth Minerals Under Joint Venture Agreement# 2
Marketwire - Mon Aug 18, 5:24PM CDT
Bacanora Minerals Ltd. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN) is pleased to announce that its joint venture partner, Rare Earth Minerals, PLC ("REM" has instructed the delivery of $US1,000,000 to Bacanora in connection with the exercise of its second stage option in respect of Joint Venture #2. Upon receipt of such funds (which are en route via wire transfer) REM will have fulfilled all of its obligations in connection with the exercise of its second stage option and REM's ownership in Megalit S.A. de C.V. (the company holding the Buenavista, Megalit and San Gabriel concessions that form part of the Sonora Lithium Project in Mexico) will be increased from 10% to 30%. Bacanora will continue to own the remaining 70% interest in Megalit following the receipt of the foregoing funds. For further information on Joint Venture #2, please refer to the Company's press releases dated March 12 and May 26, 2014. Early Warning Report -- Rare Earth Minerals Acquires 11.68 % of Bacanora Minerals Ltd
Newsfile Corp - Fri Jul 25, 2:00PM CDT
full story)
Bacanora Announces Admission to AIM and Completion of CAD$8.7m Equity Offering
Marketwire - Fri Jul 25, 7:31AM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN) is pleased to announce that the Company's Common Shares have been admitted to the AIM Market of the London Stock Exchange ("AIM" and that dealings commenced at 8:00 a.m. (U.K. time) today. For a copy of the Company's First Day of Dealings announcement or its AIM Admission Document, investors are referenced to the Company's website, www.bacanoraminerals.com. Early Warning Report - Rare Earth Minerals Acquires 12.19% of Bacanora Minerals Ltd
Newsfile Corp - Mon Jul 14, 3:17PM CDT
full story)
Bacanora Announces Expected AIM Admission Date
Marketwire - Mon Jul 14, 11:59AM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN) is pleased to announce the release by the London Stock Exchange of a Schedule 1 Notice under AIM rules, with a target date of July 25, 2014 for admission of the Company's common shares onto AIM. It is anticipated that the Company's AIM Admission Document will be filed on or about July 22, 2014 and that its previously announced brokered financing will close concurrent with admission. For details concerning the aforementioned financing, please see the Company's press release dated June 25, 2014. Subsequent to the proposed AIM admission, it is the intention that Bacanora's common shares will, in the immediate future, continue to be listed on the TSX-V. Bacanora Announces TSX-V Conditional Approval of Equity Offering
Marketwire - Thu Jun 26, 8:00PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company"
is pleased to announce that the TSX Venture Exchange (the "TSX-V" has granted conditional approval in respect of its previously announced brokered financing that is expected to be completed in conjunction with its application for the admission of its common shares to trading on the AIM Market of the London Stock Exchange ("AIM" . In accordance with TSX-V rules, this approval authorizes Bacanora to collect subscriptions from placees and to close its financing in one or more tranches. Final TSX-V acceptance is subject to delivery (following closing and in any event prior to August 24, 2014) of final TSX-V forms and confirmation that the financing has been conducted in accordance with TSX-V rules. Bacanora intends to offer up to GBP 4,750,000 of common shares at a price of GBP 0.33 per share under this financing. Using a foreign exchange rate of GBP 1.00 = C$1.834, the offering price per security will be approximately C$0.605 and the aggregate gross proceeds of securities offered is expected to be up to approximately C$8,708,334. The proceeds of the offering will be used to cover the expenses associated with the AIM listing and to fund the preparation of a pre-feasibility study on the Company's Magdalena Borate Project, for the continuation of the Company's work program to establish the economic potential of the Sonora Lithium Project and for general working capital purposes. Bacanora Announces Principal Terms of Equity Offering
Marketwire - Wed Jun 25, 3:45PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) ("Bacanora" or the "Company"
is pleased to announce the principal terms of its previously announced brokered financing that is expected to be completed in conjunction with its application for the admission of its common shares to trading on the AIM Market of the London Stock Exchange ("AIM" . Bacanora intends to offer up to GBP 4,750,000 of common shares at a price of 0.33p per share. Using a foreign exchange rate of GBP 1.00 = C$1.834, the offering price per security will be approximately C$0.605 and the aggregate gross proceeds of securities offered is expected to be up to approximately C$8,708,334. If fully subscribed, an aggregate of up to 14,393,940 common shares will be issued to subscribers under the offering in addition to shares and warrants that are expected to be issued to the Company's brokers and Nominated Advisor upon completion of the financing and admission onto AIM of the Company's common shares. The proceeds of the offering will be used to cover the expenses associated with the AIM listing and to fund the preparation of a pre-feasibility study on the Company's Magdalena Borate Project, for the continuation of the Company's work program to establish the economic potential of the Sonora Lithium Project and for general working capital purposes. Bacanora Announces Filing of Technical Report and New Option Agreement With Rare Earth Minerals Plc
Marketwire - Tue Jun 24, 5:28PM CDT
BACANORA MINERALS LTD. (TSX VENTURE: BCN) is pleased to announce the filing of a Technical Report ("Report"
in respect of its Ventana and Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is entitled, Updated and Reclassified Lithium Resources, - Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a "qualified person" within the meaning of NI 43-101 and is independent of the Company. The Report summarizes increases to the resources tonnage and classification that were announced by the Company in its press release dated June 3, 2014. For a summary of those increases, readers are encouraged to refer to the prior press release or directly to the Report, which has been filed on SEDAR and is also available for download on the Company's website. Bacanora Announces Officer Changes
Marketwire - Fri Jun 20, 5:18PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN) is pleased to announce the appointment of Mr. Colin Orr-Ewing as the Chairman of the Board of the Company. Mr. Orr-Ewing began his career as an investment manager for the Shell Pension Fund in London after qualifying as a Certified Accountant. He has a wealth of over 35 years' experience spanning both the oil and mining industries and has been a director of UK and Canadian oil companies and Irish and Canadian mining companies. Mr. Orr-Ewing has also acted as a consultant to a fund management company on its natural resources portfolios for the last 20 years, and, until 2013, was Executive Chairman of Vatukoula Gold Mines Plc. He was actively involved in the oil industry from 1971 to 1987, working with numerous companies in the North Sea, Libya, Nigeria and Algeria. Mr. Orr-Ewing is a geography graduate of Oxford University. 
