Borates

Alset Energy Starts Drilling at La Salada Salar in Zacatecas, Mexico

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https://alsetenergy.ca/news/2017/alset-energy-starts-drilling-at-la-salada-salar-in-zacatecas-mexico

Vancouver, British Columbia: Alset Energy Corp. (TSXV: ION) (“Alset” or “the Company”) is pleased to announce that drilling has commenced on the La Salada salar in Zacatecas, Mexico. The exploration program includes two deep holes to test for brine horizons, sediment composition and depth to basement; followed by a shallow subsurface sampling program. Material from this work will be sent for geochemical and mineralogical analysis, leach testing, and scoping metallurgical testing to assess grade and recovery characteristics.

Allan Barry Laboucan, President and CEO of Alset Energy said: “Our team has worked hard to get to this stage where we can start drilling and carrying out further sampling on the La Salada salar. La Salada is one of our highest grade salars based on past historical work, but we really need to better understand the distribution of lithium, potassium and boron throughout the salar and to test for brine horizons. I look forward to a good news flow from this program as we will be very busy working at La Salada and sending material in for testing.”

About Alset Energy (ION.V)

Option Agreement to Acquire Lithium Projects

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Click to access nr-2017-04-11-acquisition-of-lithium-projects-20170410200814.pdf

Arian Silver Corporation (“Arian” or the “Company”), the Mexico focused AIM quoted resource development company, announces it has entered into an option agreement (the “Option Agreement”) to acquire three lithium exploration projects (the “Projects”) through its wholly owned Mexican subsidiary, Compañia Minera Estrella de Plata SA de CV (“Arian Mexico”). The Projects will be acquired from Comercializadora Gacu SA de CV, a privately held company, for an aggregate consideration of up to US$200,000 payable in instalments over the next 12 months. The Projects cover a total expanse of over 1,600 hectares (“ha”) in a prospective region of Zacatecas State, Mexico, known for its lithium deposits.

Alset Closes First Tranche of Private Placement

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https://alsetenergy.ca/news/2016/alset-closes-first-tranche-of-private-placement

October 13, 2016

Thunder Bay, Ontario: Alset Energy Corp. (TSXV: ION) (“Alset” or “the Company”) announces that it has closed the first tranche of its previously announced re-priced private placement (the “Offering”) (See PR dated October 6, 2016). Gross proceeds from the tranche totaled $207,940 consisting of 256,667 flow-through units (“FT”) for $30,800 and 1,771,400 non flow-through units (“NFT”) for $177,140. The Company will keep to financing open until October 21, 2016 to raise up to $1 million on a best efforts basis.

Each FT unit will be issued at $0.12 and will consist of one (1) FT common share and one-half of one common share purchase warrant, each full common share purchase warrant being exercisable at $0.20 cents for 24 months. FT funds will be used to advance the Wisa Lake spodumene and Champion Graphite projects in Ontario.

Bacanora Minerals Announces Rebuttal of Proposed Merger

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/924-tsx-venture/bcn/25154-bacanora-minerals-announces-rebuttal-of-proposed-merger.html

CALGARY, ALBERTA–(Marketwired – Sept. 30, 2016) – Bacanora Minerals Ltd. (“Bacanora” or the “Company“), the Toronto and London listed (TSX VENTURE:BCN) (AIM:BCN) company focused on developing the Sonora Project (“Sonora” or the “Project“) in Mexico into a world class lithium carbonate operation, announces that it has received an unsolicited non-binding indicative proposal (the “Proposal“) from Rare Earth Minerals plc (“REM“), an AIM listed investment vehicle with a 19.8% holding in the Company. The Proposal envisages an all-share merger of Bacanora and REM with REM acting as the acquiring entity (via a reverse takeover) and issuing newly issued REM shares to Bacanora’s shareholders. The merger exchange ratio proposed by REM is between 135 and 141 REM shares for each outstanding Bacanora share (the “Proposed Offer“). The Board of Bacanora strongly rejects the Proposal believing it significantly undervalues the Company and jeopardises Sonora’s development path to production.

Bacanora Announces Reported Changes in Holdings By Major Shareholders

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http://www.stockhouse.com/news/press-releases/2016/09/20/bacanora-announces-reported-changes-in-holdings-by-major-shareholders

CALGARY, ALBERTA–(Marketwired – Sept. 20, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN), the Canadian and London listed lithium and borates company focussed on Mexico, has noted that Igneous Capital Limited (“Igneous”), a company in which Mr. Graham Edwards has an interest, notified SEDI in Canada on 17 September 2016 that it had agreed to sell 4.5 million shares in Bacanora on 16 September 2016 at £1 per share. Igneous’ shareholding in the Company on completion of the sale will be 10.5 million shares representing 9.73% of the issued share capital of the Company. The Company also notes the announcement this morning by Rare Earth Minerals Plc that it has agreed to acquire 4.5 million shares in Bacanora with completion due by the end of the month, taking its interest to 19.8% of the Company’s issued share capital.

Bacanora Announces Posting of Supplement to Its Management Information Circular for the Upcoming Annual and Special Meeting

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http://www.stockhouse.com/news/press-releases/2016/08/31/bacanora-announces-posting-of-supplement-to-its-management-information-circular

CALGARY, ALBERTA–(Marketwired – Aug. 31, 2016) – Further to the announcement dated August 11, 2016, Bacanora Minerals Ltd. (TSX VENTURE:BCN)(AIM:BCN) (“Bacanora Canada” or the “Company“), the AIM and TSX Venture Exchange (“TSX-V“) listed lithium and borates company focussed on Mexico, announces that it has posted to shareholders a supplement to the management information circular of the Company dated July 14, 2016 (the “Supplement“) convening the postponed annual and special meeting of Bacanora Canada to be held at Gowling WLG (Canada) LLP, at 1600, 421 – 7th Avenue S.W., Calgary, Alberta, Canada, T2P 4K9 on September 28, 2016 at 10:00 a.m. (Calgary time), together with an amended form of proxy for voting at the postponed meeting. Original forms of proxy sent to shareholders with the management information circular of the Company dated July 11, 2016 will not be valid for voting at the postponed meeting.

Bacanora Confirms Postponement of Its August 15, 2016 Annual and Special Meeting

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/924-tsx-venture/bcn/23349-bacanora-confirms-postponement-of-its-august-15-2016-annual-and-special-meeting.html

CALGARY, ALBERTA–(Marketwired – Aug. 11, 2016) – Further to the announcement dated August 10, 2016, Bacanora Minerals Ltd. (TSX VENTURE:BCN)(AIM:BCN), the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that it has obtained an amended interim order from the Alberta Court of Queen’s Bench to postpone its upcoming annual and special meeting of its shareholders from August 15, 2016 to 10:00 a.m. (Calgary time) on September 28, 2016 at the offices of Gowling (WLG) Canada LLP at 1600, 421 – 7 Avenue SW, Calgary, Alberta, Canada.

The Company intends to post to shareholders shortly an addendum to the management information circular of the Company dated July 11, 2016 and an amended form of proxy for voting at the postponed meeting.

Bacanora Announces Postponement of Its August 15, 2016 Annual and Special Meeting

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http://www.stockhouse.com/news/press-releases/2016/08/10/bacanora-announces-postponement-of-its-august-15-2016-annual-and-special

CALGARY, ALBERTA–(Marketwired – Aug. 10, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company“) (TSX VENTURE:BCN)(AIM:BCN), the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that the Company will be postponing its upcoming annual and special meeting of its shareholders (the “Meeting“) on August 15, 2016 until September 28, 2016 (the “Postponement“). The Company decided on the Postponement in connection with the recent passing of Hon. Colin Orr-Ewing, a Non-Executive Director on August 3, 2016.

Bacanora Announces Director/Founder Passing

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http://www.stockhouse.com/news/press-releases/2016/08/04/bacanora-announces-director-founder-passing

CALGARY, ALBERTA–(Marketwired – Aug. 4, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN) the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces the sad passing of the Hon. Colin Orr-Ewing, a Non-Executive Director and, until recently, Chairman of the Company, on 3 August 2016 following a short illness. The Directors and employees of Bacanora would like to take this opportunity to extend their sincerest condolences to Colin’s family.

Bacanora Minerals Announces Board Change

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/924-tsx-venture/bcn/22697-bacanora-minerals-announces-board-change.html

CALGARY, ALBERTA–(Marketwired – July 25, 2016) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN) (AIM:BCN) the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that Colin Orr-Ewing is stepping down as Non-Executive Chairman of the Company due to personal reasons. Mr. Orr-Ewing will remain on the Board as a Non-Executive Director.

James Leahy, an existing Non-Executive Director of the Company, will be appointed as the Non-Executive Chairman of the Company on an interim basis until further notice, effective as of 25 July 2016.

Mr. Orr-Ewing is a founder of Bacanora and has been Chairman of the Company since 20 June 2014. The Board would like to express its strong appreciation and thanks for all his efforts on behalf of Bacanora during his Chairmanship and looks forward to continue working with him in his capacity as Non-Executive Director.