CALGARY, ALBERTA--(Marketwired - March 19, 2015) - BACANORA MINERALS LTD. (the "Corporation" or "Bacanora") (TSX VENTURE:BCN)(AIM:BCN) is pleased to announce that, further to its March 3, 2015 press release, all regulatory approvals required to effect the appointment of David Lenigas to the board of the Company as a non-executive director have been received and accordingly, his appointment has now taken immediate effect.
Mr. David Anthony Lenigas (aged 53) holds a Bachelor of Applied Science (Mining Engineering) from Curtin University's Kalgoorlie School of Mines and holds a First Class Mine Managers Certificate for Western Australia. Mr. Lenigas has extensive operational and corporate experience in managing companies within the oil and gas, gold, coal and other natural resource sectors. Mr. Lenigas also has a wealth of experience operating in global public markets, having served as a Chairman and/or director and acted in a senior executive capacity on many public company boards. He is currently the Executive Chairman of Rare Earth Minerals Plc ("REM"), AfriAg Plc, UK Oil & Gas Investments Plc and Evocutis Plc and is the non-Executive Chairman of Inspirit Energy Holdings Plc and is a non-executive director of Octagonal Plc. REM holds 12,669,208 shares in Bacanora representing 15.02 per cent. of the issued share capital of the Company.
Colin Orr-Ewing, Non-Executive Chairman, commented: "We are very pleased to have received all required approvals to allow David to join our board and look forward to him immediately bringing his extensive experience to assist in further advancing the Company."
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. 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.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.