Day: October 14, 2016

Baja Mining Corp. announced today that the previously announced consolidation of the Company’s issued and outstanding common shares on the basis of one post-consolidation common share for every twenty pre-consolidation common shares and the change of the Company’s name from “Baja Mining Corp.” to “Camrova Resources Inc.” will be effective on October 17, 2016. The Common Shares will begin trading on a post-consolidated basis and under the new Company name on the TSX Venture Exchange under the trading symbol “CAV” at market open on Monday, October 17, 2016.

Pete Dougherty, President and CEO, stated: “Heavy rainfall during the quarter at El Castillo made it extremely difficult to hit our mining and throughput targets. Also at El Castillo, due to the revision of mine sequencing, we have mined much lower grade oxide and much more sulphide ore than planned in 2016 which will lead to more oxide production in 2017. Now that the rainy season is past us, we are mining the higher grade oxide ore from phase six. We believe that the fourth quarter should improve in terms of ore placements – particularly with the additional crushing capacity.

“Es un honor atestiguar el inicio de los trabajos del club deportivo que representa en su construcción una inversión por el orden de los 14 millones de pesos, y la generación de cientos de fuentes de empleos, y una vez terminado será un agradable lugar de reunión, deporte y esparcimiento familiar”, expresó la presidenta municipal de Caborca, Karina García Gutiérrez.