Last checked at 4 Nov 2013 13:20
4 November 2013
Rare Earth minerals plc
("Rare Earth Minerals", "REM" or "the Company")
Statement re: Mexico Lithium Project JV Partner Trading Halt in Canada
Rare Earth Minerals plc (AIM: REM) advises that's its JV partner in the Fleur - El Sauz Lithium Project in northern Mexico, Bacanora Mineral Ltd ("Bacanora") have this morning requested a Trading Halt of their shares on the Canadian Exchange.
Bacanora's Release states:
IIROC Trading Halt - BCN
VANCOUVER, Nov. 4, 2013 /CNW/ - The following issues have been halted by IIROC:
Company: Bacanora Minerals Ltd.
TSX-Venture Symbol: BCN
Reason: At the Request of the Company Pending NewsHalt Time (ET): 8:00 AM ET
The Investment Industry Regulatory Organization of Canada (IIROC) can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC)
For further information please contact:
Rare Earth Minerals plc +44 (0) 207 440 0647
David Lenigas
Kiran Morzaria
WH Ireland Limited (NOMAD & Joint Broker) +44 (0) 20 7220 1666
James Joyce
Nick Field
XCAP Securities plc (Joint Broker) +44 (0) 207 101 7070
Guy Peters
Jon Belliss
Square1 Consulting
David Bick +44 (0) 207 929 5599
Mark Longson