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Bacanora signs $150M finance deal for Sonora

Former copper trader Red Kite Mining Finance has backed Bacanora Lithium’s (AIM:BCN) Sonora project in Mexico to the tune of US$150 million.

Bacanora signs $150M finance deal for Sonora Bacanora signs $150M finance deal for Sonora Bacanora signs $150M finance deal for Sonora Bacanora signs $150M finance deal for Sonora Bacanora signs $150M finance deal for Sonora

Bondsmen: Bacanora says there are more financing deals to come

Bacanora is pulling together more than $400 million in capex for the clay project, and said this week it was also looking at further offtake agreements on top of its existing Hanwa deal.