Bacanora dips

Investors were unenthused as Japanese battery chemicals trader Hanwa Co confirmed it would buy up to 100% of the lithium carbonate produced from Bacanora Minerals’ (LN:BCN) planned Sonora project in Mexico.

Bacanora hopes the Hanwa deal will turn the funding tap on

03 May 2017
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Hanwa has taken a 10% stake in Bacanora through a private placement of 12.3 million shares at 82.5p, worth 10.2 million (US$13.2 million).

It also has the option to acquire a further 9.

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