Bacanora Announces Board Appointment

http://www.stockhouse.com/news/press-releases/2016/10/17/bacanora-announces-board-appointment

CALGARY, ALBERTA–(Marketwired – Oct. 17, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN), the Canadian and London listed lithium exploration and development company, is pleased to announce the appointment of Jamie Strauss as a Non-Executive Director of the Company, subject to normal regulatory checks. Bacanora is currently working towards completion of a Feasibility Study at its Sonora Lithium Project in Mexico (“Sonora”), in tandem with advancing offtake discussions with potential Asian and other international partners as part of a wider project finance strategy. Having raised in excess of US$1bn in recent years for natural resource projects spanning the globe, Mr. Strauss’ proven ability to engage with institutions in North America, Australia and Europe to secure funding will be highly valuable to Bacanora in this process.

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