Key milestones
that have helped shape
Bacanora Lithium

 

 

• 2022

  • January

    Settlement of debt facility with RK Mine Finance

    Ganfeng receives valid acceptances relating to their offer

• 2021

  • March

    Completion of increased investment in Sonora Lithium Ltd to 50% by Ganfeng

  • February

    Commencement of early site works at the Sonora Project

    Ganfeng exercises its pre-emptive right to increase its holding in Bacanora Lithium

    Bacanora completes placing and retail offer

    Ganfeng signs new joint venture agreement with Bacanora in connection with the Sonora Project

• 2020

  • November

    Ganfeng exercises option to increase investment in Sonora Lithium Ltd to 50%

  • October

    Bacanora sold its 50%
    interest in the Zinnwald
    Lithium Project in exchange for a 44% shareholding in Zinnwald Lithium plc (formerly Erris
    Resources plc) and a net profit royalty

• 2019

  • November

    M&G increased its shareholding to 19.9%

  • October

    Ganfeng Lithium
    became a 29.9% shareholder in Bacanora, a 22.5% shareholder at the Sonora project level, and signed a 50% lithium
    off-take agreement

  • June

    Publication of the Zinnwald Project Bankable Feasibility Study

• 2018

  • November

    Citibank appointed as
    joint company broker

  • July

    Signed a $150M debt financing with RK Mine Finance

  • March

    Redomicile to the UK via creation of Bacanora Lithium plc and sole listing on AIM

  • January

    Publication of the Sonora Project Bankable Feasibility Study

• 2017

  • May

    Hanwa Corporation became 10% shareholder and completed off-take agreement

  • February

    Acquired 50% of Deutsche Lithium, owner of Zinnwald Project in Germany

• 2016

  • May

    Blackrock became a significant shareholder

  • April

    Publication of the
    Sonora Project
    Pre-Feasibility Study

• 2015

  • November

    M&G became the first major institutional shareholder

• 2014

  • July

    Completion of dual listing on the London AIM exchange

• 2013

  • January

    Preliminary Economic
    Assessment completed
    on the La Ventana deposit

• 2010

  • August

    Acquisition of the Group’s initial 4 lithium licenses, including La Ventana deposit

  • April

    Bacanora completed the
    Qualifying Transaction and became a Tier 2 issuer on the TSX-V

• 2009

  • May

    Bacanora Minerals Ltd listed on TSX-V as shell company and in July 2009 announced terms of its Qualifying Transaction to acquire various Borates licenses