28 Jul 2014 09:04
Bacanora Minerals Ltd.
("Bacanora Minerals" or the "Company")
Holding in Company
On July 25, 2014, Rare Earth Minerals plc (AIM: REM) ("REM"), an investment company listed on the Alternative Investment Market of the London Stock Exchange (the "AIM"), completed the acquisition of 1,371,208 common shares (each a "Share") in the capital of Bacanora Minerals Ltd. (the "Company") at a weighted average price of $CAD 1.43 per Share on the open market through the facilities of the AIM (the "Dealings").
As a result of the Dealings, REM beneficially owns and exercises control over an aggregate of 9,143,208 Shares representing an interest of approximately 11.68% of the Company's issued and outstanding shares.
Enquiries please contact:
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Bacanora Minerals Colin Orr-Ewing, Non-Executive Chairman Shane Shircliff, CEO
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+44 (0) 20 3696 2410 +1 (306) 649 0602
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Cairn Financial Advisers LLP, Nomad Sandy Jamieson / Liam Murray
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+44 (0) 20 7148 7900 |
HD Capital Partners LLP, Broker Philip Haydn-Slater / Paul Dudley
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+44 (0) 20 3551 4870 |
Buchanan, Financial PR Adviser Bobby Morse / Louise Mason |
+44 (0) 20 7466 5000 |