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Bacanora Lithium plc ("Bacanora Lithium" or the "Company"), which is to be the new holding company of Bacanora Minerals Ltd. following completion of a plan of arrangement.


Offer details
Expected size of offer (M): nil
Expected first date of trading: 26/03/2018
Market: AIM
Location of address at which admission document will be available: www.bacanoraminerals.com
Date at which admission document will be available: -

Advisors
Sponsor: -
Nominated Advisor (AIM Companies): Cairn Financial Advisers LLP
Nominated Broker (AIM Companies): Canaccord Genuity Limited

Company details
Name Role
Mark Ainsworth Hohnen Executive Chairman
Derek Batorowski Non-executive Director
James (Jamie) Digby Ronald Strauss Non-executive Director
Raymond (Ray) John Hodgkinson Non-executive Director
Dr Andres Constantin Antonius Gonzalez Non-executive Director
Junichi Tomono Non-executive Director
Eileen Carr Non-executive Director
Peter Anthony Secker (Proposed Chief Executive Officer on admission)

Facts and Figures
Fiscal year end: 30 June
Incorporated in: England and Wales
Website URL: www.bacanoralithium.com
space
Description of business:
Bacanora Lithium is a newly incorporated UK company established to become the new holding company for Bacanora Minerals Ltd ("Bacanora Canada"), a Canadian incorporated company whose shares are admitted to AIM and TSX-V, by means of a plan of arrangement ("Arrangement"). Bacanora Canada explores and develops industrial mineral projects, with a primary focus on lithium. Its Mexican operati...

Person(s) interested:
Name Before After Graham Edwards(1) 15,803,030 11.79% 15,803,030 11.79% M&G Investments Funds(2) 13,456,784 10.04% 13,456,784 10.04% Blackrock Investment Management (UK) Limited 13,138,292 9.80% 13,138,292 9.80% Hanwa Co. Ltd 12,333,261 9.20% 12,333,261 9.20% Cadence Minerals Plc 12,285,058 9.17% 12,285,058 9.17% Orr-Ewing Estate 10,818,793 8.07% 10,818,793 8.07% The Capital Group 8,573,925 6.40% 8,573,925 6.40% (1) Graham Edwards will, on Admission, own approximately 10,500,000 Bacanora Lithium Shares (approximately 7.8% of the issued and outstanding Bacanora Lithium Shares) through Igneous Capital Limited, a private corporation incorporated under the laws of the British Virgin Islands that is controlled by and ultimately beneficially owned by Mr. Edwards. Mr. Edwards is also one of the potential beneficiaries of a trust that owns D&A Income Limited, which will, on Admission, own 5,303,030 Bacanora Lithium Shares (approximately 4.0% of the issued and outstanding Bacanora Lithium Shares). (2) M&G Investments Fund is an investment fund that is part of the Prudential Plc group of companies and is headquartered in London, UK, with offices in 16 countries and funds distributed in 23 territories.


Bacanora Lithium plc ("Bacanora Lithium" or the "Company"), which is to be the new holding company of Bacanora Minerals Ltd. following completion of a plan of arrangement.

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