Bacanora (BCRMF) 1.4730 $BCRMF
Bacanora Announces Issuance of Equity to Funds Under Management by Blackrock
Marketwired - Fri May 20, 3:05PM CDT
CALGARY, ALBERTA--(Marketwired - May 20, 2016) - BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE:BCN) (AIM:BCN), the London and Canadian listed lithium company which is developing the Sonora Lithium Project in northern Mexico(1), is pleased to announce that it has raised £7,702,500 (approximately US$11.2 million / approximately CAD $14.7 million) via the placing of 9,750,000 units (the "Placing Units" at a price of 79 pence (approximately CAD $1.48) per Placing Unit (the "Placing" with certain funds and accounts managed by BlackRock ("BlackRock". Each Placing Unit is comprised of one new common share of the Company (a "Placing Share" and 0.3 of one common share purchase warrant, with each whole warrant (a "Placing Warrant" being exercisable into one common share at a price of 79 pence at any time subsequent to July 25, 2016, but on or before September 30, 2016. Accordingly, an aggregate of 9,750,000 Placing Shares and 2,925,000 Placing Warrants are issuable under this Placing. In the event that the Placing Warrants are fully exercised, the total proceeds received by the Company from the Placing will be approximately £10,000,000 (approximately US$14.6 million / approximately CAD $19.1 million). The Placing is in line with the Company's strategy to increase the institutional representation of its shareholder register and follows the securing of Bacanora's first major institutional investor in November 2015.
BCN.VN: 1.870 (-0.070)
Bacanora Announces Appointment of New Director and Option Grant
Marketwired - Wed Apr 27, 3:06PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium and borates company focussed on Mexico, is pleased to confirm the previously announced appointment of Mark Hohnen as a Director of the Company with immediate effect (see the Company's announcement released on November 26, 2015).
BCN.VN: 1.870 (-0.070)
Bacanora Minerals Announces Sonora Lithium Project Update, Filing of Pre-Feasibility Study and Amended Mineral Resource Estimate
Marketwired - Fri Apr 15, 3:41PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN), is pleased to provide an update regarding its recent and forthcoming activities at the Sonora Lithium Project(1) in northern Mexico ("Sonora".
BCN.VN: 1.870 (-0.070)
Alix Acquires Fish Lake Lithium Brine Property
Filing Services Canada XHTML - Fri Apr 15, 7:03AM CDT
V: 81.45 (-0.20), ALB: 80.25 (-0.96), AIX.VN: 0.150 (+0.005)
Bacanora Minerals Announces Completion of NI 43-101 Pre-Feasibility Study for Production of 35,000 TPA Lithium Carbonate at Its Sonora Lithium Project, Mexico
Marketwired - Wed Mar 02, 5:00PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium company that is developing the Sonora Lithium Project(1) ("Project" in northern Mexico ("Sonora", is pleased to announce positive results of a Pre-Feasibility Study ("PFS" (prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for the development of a mine and lithium carbonate ("Li2CO3" processing facility at Sonora. The PFS estimates a Project pre-tax Internal Rate of Return ("IRR" of 29% (post-tax 25%) and an associated Net Present Value ("NPV" of US$776M, (post-tax US$542M) at an 8% discount rate. These results highlight the strong economic potential of producing up to 35,000 tonnes per annum of battery grade Li2CO3 at Sonora. In addition, Sonora has the potential to produce up to 50,000 tonnes per year of potassium sulphate ("K2SO4", for sale to the fertiliser industry.
BCN.VN: 1.870 (-0.070)
Bacanora Announces Appointment of Joint Broker
Marketwired - Mon Jan 25, 8:02AM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium and borates company focussed on Mexico, is pleased to announce the appointment of Stifel Nicolaus Europe Ltd as its joint broker with immediate effect. HD Capital Partners Ltd will remain as joint broker to the Company.
BCN.VN: 1.870 (-0.070)
Bacanora Announces Consultancy Agreement and Option Grant
Marketwired - Fri Jan 22, 3:31PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN) is pleased to announce the entering into of a consultancy agreement in respect of the liason with and procurement of potential purchasers for the Company's lithium products. The agreement is with a private company that is controlled by Mark Hohnen, who is a proposed nominee for election to the Board of Bacanora whose approval as a director remains subject to final regulatory approval. The consultancy agreement is for a period of eighteen (18) months, subject to early termination by either party upon one (1) month notice. Compensation payable under the agreement consists of a quarterly fee in the amount of GBP 57,000 exclusive of Value Added Tax where applicable, such fee being payable quarterly in arrears and being comprised of the following components: GBP 36,000 per quarter - fee for services; GBP 15,000 per quarter - rental allowance; and GBP 6,000 per quarter - travel allowance. Expenditures incurred in connection with services provided thereunder shall also be eligible for reimbursement. It should be noted that the services to be provided under this agreement are expected to be provided principally by Mr. Hohnen and are of such a nature that they extend beyond the standard expectations and commitments that will apply (once regulatory approval is obtained) in connection with his role as a director of the Company.
BCN.VN: 1.870 (-0.070)
Alix Discovers Lithium on Electra Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico
Marketwired - Wed Jan 06, 7:02AM CST
ALIX RESOURCES CORP. ("Alix" or the "Company" (TSX VENTURE: AIX)(FRANKFURT: 37N) announces the discovery of a lithium-bearing, clay-rich showing in a sequence of sedimentary-volcanic rocks located on the Company's northern Tecolote Concession, which adjoins Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Buenavista concession located in Sonora, Mexico.
AIX.VN: 0.150 (+0.005)
Bacanora Announces Filing of Technical Report on Updated Mineral Resource Estimate for the Sonora Lithium Project, Mexico
Marketwired - Tue Jan 05, 4:32PM CST
BACANORA MINERALS LTD. (TSX VENTURE: BCN)(AIM: BCN) is pleased to announce the filing of a Technical Report ("Report" in respect of the Sonora Lithium Project(1) in Mexico (the "Sonora Lithium Project". The Report has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101" and is entitled, NI 43-101 Mineral Resource Estimate for Sonora Lithium Project, Mexico, December 2015. The lead author of the Technical Report is Mr. Martin Pittuck (MSc., C.Eng., MIMMM), who is a "Qualified Person" within the meaning of NI 43-101 and the AIM Rules for Companies, and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company's website.
BCN.VN: 1.870 (-0.070), REM: 10.43 (+0.01)
Bacanora Announces Director Resignation
Marketwired - Mon Dec 21, 8:02AM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN)(AIM: BCN), the Canadian and London listed company that is developing the Sonora Lithium Project in northern Mexico, announces that David Lenigas has resigned from the Board with immediate effect.
BCN.VN: 1.870 (-0.070)
Alix Commences Work Program on Electra Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico
Marketwired - Thu Dec 10, 7:01AM CST
ALIX RESOURCES CORP. ("Alix" or the "Company" (TSX VENTURE: AIX)(FRANKFURT: 37N) announces work has commenced on its 100% owned Electra Lithium Project which covers 22,625 hectares adjoining Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Sonora Lithium Project located in Sonora, Mexico.
AIX.VN: 0.150 (+0.005)
Bacanora Announces Issuance of Equity to Funds Under Management by Blackrock
Marketwired - Fri May 20, 3:05PM CDT
CALGARY, ALBERTA--(Marketwired - May 20, 2016) - BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE:BCN) (AIM:BCN), the London and Canadian listed lithium company which is developing the Sonora Lithium Project in northern Mexico(1), is pleased to announce that it has raised £7,702,500 (approximately US$11.2 million / approximately CAD $14.7 million) via the placing of 9,750,000 units (the "Placing Units" at a price of 79 pence (approximately CAD $1.48) per Placing Unit (the "Placing" with certain funds and accounts managed by BlackRock ("BlackRock". Each Placing Unit is comprised of one new common share of the Company (a "Placing Share" and 0.3 of one common share purchase warrant, with each whole warrant (a "Placing Warrant" being exercisable into one common share at a price of 79 pence at any time subsequent to July 25, 2016, but on or before September 30, 2016. Accordingly, an aggregate of 9,750,000 Placing Shares and 2,925,000 Placing Warrants are issuable under this Placing. In the event that the Placing Warrants are fully exercised, the total proceeds received by the Company from the Placing will be approximately £10,000,000 (approximately US$14.6 million / approximately CAD $19.1 million). The Placing is in line with the Company's strategy to increase the institutional representation of its shareholder register and follows the securing of Bacanora's first major institutional investor in November 2015. BCN.VN: 1.870 (-0.070)
Bacanora Announces Appointment of New Director and Option Grant
Marketwired - Wed Apr 27, 3:06PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium and borates company focussed on Mexico, is pleased to confirm the previously announced appointment of Mark Hohnen as a Director of the Company with immediate effect (see the Company's announcement released on November 26, 2015). BCN.VN: 1.870 (-0.070)
Bacanora Minerals Announces Sonora Lithium Project Update, Filing of Pre-Feasibility Study and Amended Mineral Resource Estimate
Marketwired - Fri Apr 15, 3:41PM CDT
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN), is pleased to provide an update regarding its recent and forthcoming activities at the Sonora Lithium Project(1) in northern Mexico ("Sonora". BCN.VN: 1.870 (-0.070)
Alix Acquires Fish Lake Lithium Brine Property
Filing Services Canada XHTML - Fri Apr 15, 7:03AM CDT
V: 81.45 (-0.20), ALB: 80.25 (-0.96), AIX.VN: 0.150 (+0.005)
Bacanora Minerals Announces Completion of NI 43-101 Pre-Feasibility Study for Production of 35,000 TPA Lithium Carbonate at Its Sonora Lithium Project, Mexico
Marketwired - Wed Mar 02, 5:00PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium company that is developing the Sonora Lithium Project(1) ("Project" in northern Mexico ("Sonora", is pleased to announce positive results of a Pre-Feasibility Study ("PFS" (prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for the development of a mine and lithium carbonate ("Li2CO3" processing facility at Sonora. The PFS estimates a Project pre-tax Internal Rate of Return ("IRR" of 29% (post-tax 25%) and an associated Net Present Value ("NPV" of US$776M, (post-tax US$542M) at an 8% discount rate. These results highlight the strong economic potential of producing up to 35,000 tonnes per annum of battery grade Li2CO3 at Sonora. In addition, Sonora has the potential to produce up to 50,000 tonnes per year of potassium sulphate ("K2SO4", for sale to the fertiliser industry. BCN.VN: 1.870 (-0.070)
Bacanora Announces Appointment of Joint Broker
Marketwired - Mon Jan 25, 8:02AM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN), the London and Canadian listed lithium and borates company focussed on Mexico, is pleased to announce the appointment of Stifel Nicolaus Europe Ltd as its joint broker with immediate effect. HD Capital Partners Ltd will remain as joint broker to the Company. BCN.VN: 1.870 (-0.070)
Bacanora Announces Consultancy Agreement and Option Grant
Marketwired - Fri Jan 22, 3:31PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN) is pleased to announce the entering into of a consultancy agreement in respect of the liason with and procurement of potential purchasers for the Company's lithium products. The agreement is with a private company that is controlled by Mark Hohnen, who is a proposed nominee for election to the Board of Bacanora whose approval as a director remains subject to final regulatory approval. The consultancy agreement is for a period of eighteen (18) months, subject to early termination by either party upon one (1) month notice. Compensation payable under the agreement consists of a quarterly fee in the amount of GBP 57,000 exclusive of Value Added Tax where applicable, such fee being payable quarterly in arrears and being comprised of the following components: GBP 36,000 per quarter - fee for services; GBP 15,000 per quarter - rental allowance; and GBP 6,000 per quarter - travel allowance. Expenditures incurred in connection with services provided thereunder shall also be eligible for reimbursement. It should be noted that the services to be provided under this agreement are expected to be provided principally by Mr. Hohnen and are of such a nature that they extend beyond the standard expectations and commitments that will apply (once regulatory approval is obtained) in connection with his role as a director of the Company. BCN.VN: 1.870 (-0.070)
Alix Discovers Lithium on Electra Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico
Marketwired - Wed Jan 06, 7:02AM CST
ALIX RESOURCES CORP. ("Alix" or the "Company"
(TSX VENTURE: AIX)(FRANKFURT: 37N) announces the discovery of a lithium-bearing, clay-rich showing in a sequence of sedimentary-volcanic rocks located on the Company's northern Tecolote Concession, which adjoins Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Buenavista concession located in Sonora, Mexico. AIX.VN: 0.150 (+0.005)
Bacanora Announces Filing of Technical Report on Updated Mineral Resource Estimate for the Sonora Lithium Project, Mexico
Marketwired - Tue Jan 05, 4:32PM CST
BACANORA MINERALS LTD. (TSX VENTURE: BCN)(AIM: BCN) is pleased to announce the filing of a Technical Report ("Report"
in respect of the Sonora Lithium Project(1) in Mexico (the "Sonora Lithium Project". The Report has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101" and is entitled, NI 43-101 Mineral Resource Estimate for Sonora Lithium Project, Mexico, December 2015. The lead author of the Technical Report is Mr. Martin Pittuck (MSc., C.Eng., MIMMM), who is a "Qualified Person" within the meaning of NI 43-101 and the AIM Rules for Companies, and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company's website. BCN.VN: 1.870 (-0.070), REM: 10.43 (+0.01)
Bacanora Announces Director Resignation
Marketwired - Mon Dec 21, 8:02AM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN)(AIM: BCN), the Canadian and London listed company that is developing the Sonora Lithium Project in northern Mexico, announces that David Lenigas has resigned from the Board with immediate effect. BCN.VN: 1.870 (-0.070)
Alix Commences Work Program on Electra Project Adjoining Bacanora's "Sonora Lithium Project" Located in Sonora, Mexico
Marketwired - Thu Dec 10, 7:01AM CST
ALIX RESOURCES CORP. ("Alix" or the "Company"
(TSX VENTURE: AIX)(FRANKFURT: 37N) announces work has commenced on its 100% owned Electra Lithium Project which covers 22,625 hectares adjoining Bacanora Minerals Ltd. and Rare Earths Minerals PLC (REM)'s Sonora Lithium Project located in Sonora, Mexico. AIX.VN: 0.150 (+0.005)
