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Bacanora launches $190M Sonora equity round

Bacanora Minerals (AIM:BCN) is close to reaching the US$420 million of project funding needed to build the Sonora lithium clay project in Mexico.

Bacanora launches $190M Sonora equity round Bacanora launches $190M Sonora equity round Bacanora launches $190M Sonora equity round Bacanora launches $190M Sonora equity round Bacanora launches $190M Sonora equity round

Turning on the tap: Bacanora is only $80 million short of the Sonora project finance now

It has announced a US$100 million private placement and as reported earlier this month, the State General Reserve Fund of Oman has pledged $65 million in equity finance.