News Column

Bacanora Announces Brokered Financing in Conjunction with Aim Listing

June 9, 2014



ENP Newswire - 09 June 2014

Release date- 06062014 - Bacanora Minerals Ltd. is pleased to announce its intention to conduct a brokered financing in conjunction with its previously announced application for admission of its common shares to trading on the AIM Market of the London Stock Exchange.

Bacanora has engaged HD Capital Partners LLP of London, United Kingdom, as its Capital Markets Advisor and Broker in connection with this offering and the AIM admission process. Terms of the offering (including size and price) are yet to be established and further announcements will follow once determined.

CONTACT:

Shane Shircliff

Tel: (306) 649-0602

Martin Vidal

Tel: (+52 662) 210-0767

Reader Advisory

Except for statements of historical fact, this news release contains certain 'forward-looking information' within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as 'plan', 'expect', 'project', 'intend', 'believe', 'anticipate', 'estimate' and other similar words, or statements that certain events or conditions 'may' or 'will' occur.

In particular, forward-looking information in this press release includes, but is not limited to the potential future listing of the Corporation's common shares on the AIM, the potential offering of securities of the Company and the establishment of the offering price and size.

Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information.

Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: commodity price volatility; general economic conditions in Canada, the United States, Mexico and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws and the other risk factors disclosed under our profile on SEDAR at www.sedar.com.

Readers are cautioned that this list of risk factors should not be construed as exhaustive. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.


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Source: ENP Newswire


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