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Bacanora Minerals Ltd (BCN.V)

BCN.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

Bacanora Minerals enters into strategic partnership with Hanwa Co
Monday, 10 Apr 2017 09:00am EDT 

Bacanora Minerals Ltd : Bacanora Minerals Ltd - entered into a strategic partnership with Hanwa Co . Bacanora Minerals Ltd - Hanwa to acquire an initial 10 percent interest in Bacanora, raising about C$16.9 million in proceeds to company . Bacanora Minerals Ltd - Hanwa raising about C$16.9 million in proceeds to company via placement of 12.3 million shares at a price of about C$1.37/share . Bacanora Minerals Ltd - Hanwa shall have an option to increase its equity interest in bacanora to 19.9 percent .Bacanora Minerals- deal comprised of initial 10 percent equity in co, off-take deal up to 100 percent of battery grade lithium carbonate produced at Sonora lithium project.  Full Article

Bacanora announces acquisition of 50 pct interest in strategic german lithium asset
Tuesday, 21 Feb 2017 09:00am EST 

Bacanora Minerals Ltd - : Bacanora announces acquisition of 50 pct interest in strategic german lithium asset . Entered into definitive agreement to acquire 50 pct interest in zinnwald lithium project in Southern Saxony, Germany from SolarWorld Ag . Bacanorra will earn 50% of project in return for a cash consideration of Euro 5 million .Option to acquire outstanding 50% held by SolarWorld within a 24 month period for Eur30 million.  Full Article

SolarWorld enters partnership with Bacanora Minerals for lithium mining in ore mountains
Tuesday, 21 Feb 2017 02:00am EST 

SolarWorld AG : Enters partnership for lithium mining in ore mountains . Solar technology group will sell a share of 50 percent of its project in Altenberg-Zinnwald to Bacanora Minerals Ltd . Under name Deutsche Lithium GmbH, future joint venture will be domiciled in Freiberg, Saxony, and operationally controlled by Bacanora Minerals and SolarWorld together . New partner will earn its share of project in return for a cash consideration of 5 million euros ($5.29 million) and completion of a feasibility study on project, which will take approximately 18 to 24 months . Bacanora Minerals will undertake all financial investments for project .Partner has option to acquire outstanding 50 percent within a 24 month period for a mid double-digit million amount.  Full Article

Bacanora provides operations update
Wednesday, 5 Oct 2016 05:10pm EDT 

Bacanora Minerals Ltd : Bacanora provides operations update .Feasibility study at Sonora Lithium Project in Mexico is on track to be delivered in late Q1 2017.  Full Article

Bacanora Minerals -Igneous Capital notified SEDI in Canada it had agreed to sell 4.5 million shares at £1per share
Tuesday, 20 Sep 2016 12:04pm EDT 

Bacanora Minerals Ltd : Bacanora Minerals Ltd -Igneous Capital notified SEDI in Canada on 17 Sept that it had agreed to sell 4.5 million shares in co on 16 Sept at £1per share .Bacanora Minerals Ltd -Igneous' shareholding in co on completion of sale will be 10.5 million shares representing 9.73% of issued share capital of company.  Full Article

Bacanora Minerals announces proposed re-domicile to the UK
Thursday, 23 Jun 2016 04:56pm EDT 

Bacanora Minerals Ltd : Bacanora announces proposed re-domicile to the UK . All existing shares in Bacanora will be exchanged for ordinary shares in Bacanora Lithium Plc which will become new holding co for group .To facilitate re-domicile, all existing common shares in Bacanora will be exchanged for ordinary shares in Bacanora lithium plc.  Full Article

BRIEF-Bacanora Minerals enters into strategic partnership with Hanwa Co

* Bacanora Minerals Ltd - entered into a strategic partnership with Hanwa Co