Bacanora Notes U.K. Market Activity
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 12/19/14 -- BACANORA MINERALS LTD. (TSX VENTURE: BCN)(AIM: BCN) ("Bacanora" or the "Company") notes the trading activity occurring today in its shares and in the shares of Rare Earth Minerals PLC ("REM"), which holds a 30% interest in Bacanora's subsidiaries, Minera 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) and Mexilit S.A. de C.V. (the company holding the El Sauz, El Sauz 1, El Sauz 2, Fleur and Fleur 1 that form part of the Sonora Lithium Project in Mexico). Bacanora understands that certain speculation has occurred within the U.K. press regarding an update on the Company's lithium properties. After speaking with REM management, Bacanora understands that REM has commissioned some independent work of its own in respect of certain of their jointly owned properties, which could result in information arising at some point in time that may be material. Further announcements regarding the foregoing work may follow (to the extent that material information arises) and will be made in accordance with applicable securities laws and the Company's timely disclosure obligations.
ABOUT BACANORA:
Bacanora is a Canadian and London listed minerals explorer (TSX VENTURE: BCN)(AIM: BCN). The Company explores and develops industrial mineral projects, with a primary focus on lithium and borates. The Company's operations are based in Hermosillo in northern Mexico and it currently has two significant projects under development in the state of Sonora. The two main assets of Bacanora are:
Reader Advisory
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking information in this press release includes, but is not limited to independent work being completed by REM and potential announcements of material information in due course. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: commodity price volatility; general economic conditions in Canada, the United States, Mexico and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at . Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Colin Orr-Ewing
Non-Executive Chairman
+44 (0) 20 3696 2410
Shane Shircliff
Chief Executive Officer
(403) 237 6122
Martin Vidal
President
(+52 662) 210-0767
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2014 - 17:31 Uhr
Sprache: Deutsch
News-ID 360863
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 380 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Bacanora Notes U.K. Market Activity"
steht unter der journalistisch-redaktionellen Verantwortung von
Bacanora Minerals Ltd. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
