Day: June 23, 2016

Shareholders voted in favour of all items of business, including fixing the number of directors at six and the re?election of each of the director nominees: Dunham L. Craig, N. Eric Fier, Ross O. Glanville, Barney Magnusson, George W. Sanders and Graham C. Thody. In addition, shareholders voted and re-appointed Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company and approved the Company’s “rolling 10%” Stock Option Plan and its Advance Notice Policy.

BACANORA MINERALS LTD., the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that it plans to re-domicile its governing corporate jurisdiction from Canada to the UK. The Board of Bacanora has made its decision to re-domicile in consideration of the success of the Company’s AIM listing and the positive reception from UK investors, as demonstrated by the addition of two major institutions to its shareholder register in the last eight months. The decision also reflects the fact that the Company’s senior management team is increasingly based in the UK. The Board anticipates that the re-domicile will result in significant cost and administrative savings for the Company and its subsidiaries.