Bacanora Minerals Ltd Directorate Change (7706N)
October 28 2016 - 8:00AM
UK Regulatory
TIDMBCN
RNS Number : 7706N
Bacanora Minerals Ltd
28 October 2016
Bacanora Minerals Ltd.
("Bacanora" or the "Company")
Director Appointment
BACANORA MINERALS LTD. (AIM and TSX-V: BCN), the London and
Canadian listed lithium exploration and development company focused
on Mexico, is pleased to confirm the previously announced
appointment of James Strauss as a Director of the Company (with
immediate effect) as a result of the completion of all regulatory
checks required under AIM Rules (see the Company's announcement
released on 18 October 2016).
James Digby Ronald Strauss (aged 47) is the founding partner of
Strauss Partners Ltd. He has worked as a stockbroker in the City of
London for over 25 years, specialising in the natural resources
sector for nearly 20 of these. He was previously Managing Director
of UK Equity product at BMO Capital Markets, prior to which he was
a director of Hargreave Hale Ltd. where he founded, developed and
then sold a Mining institutional sales and research department.
Jamie started his career in 1986 at Strauss Turnbull (subsequently
bought by Société Générale). Jamie has experience in sales,
research, transaction structuring, IPOs and syndication. He is a
Non-Executive director of Altius Minerals and Gold Standard
Ventures. He was on the board of Extorre Gold Mines until its
successful sale to Yamana in 2012. He is also a trustee of The
Julian Baring Scholarship Fund.
Set out below are details of Mr. Strauss's current directorships
and those that he has held within the last five years.
Current Directorships Past Directorships (past
5 years)
Strauss Partners Ltd Salt Lake Potash Ltd
Altius Minerals Corp Extorre Gold Mines Ltd
Gold Standard Ventures Appleton Resources Ltd
Corp
Y-Risk Ltd Stonehurst Aviation Ltd
Strauss Partners LLP
There is no further information on Mr. Strauss, which is
required to be disclosed under Schedule Two, paragraph (g) of the
AIM Rules for Companies.
For further information, please contact:
Bacanora Minerals Peter Secker - CEO info@bacanoraminerals.com
Ltd.
--------------------- ----------------------- --------------------------
Cairn Financial
Advisers LLP, Sandy Jamieson / +44 (0) 20
Nomad Liam Murray 7213 0880
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Numis Securities
Ltd, John Prior/James +44 (0) 20
Broker Black/Paul Gillam 7260 1000
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St Brides Partners, Hugo de Salis/ Frank
Financial PR Buhagiar / Elisabeth +44 (0) 20
Adviser Cowell 7236 1177
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ABOUT BACANORA:
Bacanora is a Canadian and London listed minerals explorer
(TSX-V: BCN and AIM: BCN). The Company explores and develops
industrial mineral projects, with a primary focus on lithium. The
Sonora Lithium Project, which consists of ten mining concession
areas covering approximately 100 thousand hectares in the northeast
of Sonora State. The Company, through drilling and exploration work
to date, has established an Indicated Mineral Resource (in
accordance with NI 43-101) of 4.5 million tonnes (LCE) and 2.7
million tonnes Inferred. A PFS completed in Q1 2016 demonstrated
the attractive economics associated with becoming a 35,000 tpa
lithium carbonate and 50,000 tpa SOP producer in Mexico. The
Company is led by a team with lithium expertise which have proven
mine development, construction and operational experience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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