Baja Mining Announces Share Consolidation and Name Change

Click to access NR05_2016-10-05_Consolidation_and_Name_Change_%28FINAL%29.pdf

Vancouver, October 5, 2016 – Baja Mining Corp. (“Baja” or the “Company”) (TSX-V: BAJ – OTC: BAJFF) wishes to announce that further to the approval received from shareholders of the Company at the annual and special meeting (the “Meeting”) held on December 16, 2015, and as described in more detail in the management information circular of the Company dated November 4, 2015, based on market conditions and other factors the board of directors of the Company (the “Board”) has authorized a consolidation of the issued and outstanding common shares of the Company (the “Common Shares”) on the basis of one (1) post-consolidation Common Share for every twenty (20) pre-consolidation Common Shares (the “Consolidation”). In connection with the Consolidation, the Board has also decided to change the Company’s name from “Baja Mining Corp.” to “Camrova Resources Inc.”.

Autlán prevé baja de 26% en EBITDA por precios

http://www.elfinanciero.com.mx/empresas/autlan-ebitda-baja-precios-ferroaleaciones.html

La empresa minera Autlán estima tener una reducción de 26 por ciento en su flujo operativo (EBITDA, por sus siglas en inglés) al tercer trimestre de 2015 frente al mismo periodo del año pasado.

En un comunicado enviado a la Bolsa Mexicana de Valores (BMV), la empresa dijo que la caída se deberá a la disminución en los precios de ferroaleaciones a escala global y a una difícil base de comparación pues el año pasado habían comprado una hidroeléctrica.