Baja class action settlement agreement finalized

Click to access NR09_2015-11-09_Settlement_Agreement_Finalized_FINAL.pdf

Vancouver, November 9, 2015 – Baja Mining Corp. (“Baja” or the “Company”) (TSX-V: BAJ – OTC: BAJFF) is pleased to report that further to its news release on October 6, 2015 announcing settlement of the Donohue class action litigation (the “Action”), a final settlement agreement has been executed by all parties (the “Settlement”).  The Settlement remains subject to the approval of the Ontario Superior Court as described below.  The Settlement is made without any admission of liability and the parties have agreed to a settlement amount of CDN $11,000,000.00, inclusive of administration and legal cost of the class, and any other costs or expenses related to the Action or the Settlement.  The settlement amount will be covered by Baja’s insurers.


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