Rare Earth Minerals Plc, a 10% Holder, disposed of 8,897,857 Common Shares on a direct ownership basis at a price of $0.700GBP between September 7th and 8th, 2017. This represents a $9,911,346 divestment of the company's shares and an account share holdings change of -42.0%.
Bacanora Minerals is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Bacanora Minerals Ltd. is a developer and explorer of industrial minerals. The Company is engaged in exploration and development of mineral properties in Mexico. It is focused on its Sonora Lithium Project, and has a borates project located near the town of Magdalena de Kino, north of Hermosillo, Mexico. The Sonora Lithium Project consists of approximately 10 contiguous concessions covering over 94,186 hectares. The concessions include La Ventana, La Ventana 1, El Sauz, El Sauz 1, El Sauz 2, Fleur, Fleur 2, San Gabriel and Buenavista. These concessions are located approximately 190 kilometers northeast of the city of Hermosillo, in Sonora State, Mexico. The Magdalena Borate Project consists of approximately seven concessions, with a total area of approximately 16,503 hectares. The borate zones located on the Magdalena Borates Project are the Cajon Borate Deposit (Cajon); Bellota, and Pozo Nuevo. The Company's other target in Magdalena Borates Project includes the Represo prospect.
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