BACANORA MINERALS TO BE REPLACED ON AIM BY BACANORA LITHIUM (ALLIPO)

Bacanora Minerals

LONDON (Alliance News) – Bacanora Lithium PLC, which is to become the holding company of Bacanora Minerals Ltd, announced Tuesday its intention to list on the London Stock Exchange’s AIM market in March.

The listing is part the previously announced plan by Bacanora to re-domicile to the UK from Canada.

Bacanora Lithium is to comprise of 134.0 million new shares, with no new capital to be raised. Its market capitalisation on admission, expected on March 21, will be around GBP140.0 million.

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