CALGARY, ALBERTA, Feb 11, 2015 (Marketwired via COMTEX) — BACANORA MINERALS LTD. ("Bacanora" or the "Company") (BCN)(aim:BCN) is pleased to announce that it has achieved a ranking in the TSX Venture 50(R). The TSX Venture 50(R) are the top 10 companies listed on the TSX Venture Exchange ("TSX-V"), in each of five major industry sectors – mining, oil & gas, technology & life sciences, diversified industries and clean technology – based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2014.
Colin Orr-Ewing, Chairman of Bacanora commented, "The Company is very pleased to have achieved this ranking within the TSX Venture 50(R). This unsolicited recognition is a testament to the substantial progress that the Company has made over the past year, both operationally and in terms of increasing its market recognition. On behalf of the Company, we express our thanks to the TSX-V for this recognition and its continued support of our endeavours."
TSX Venture 50(R) is a trade-mark of TSX Inc. and is used under license.
Reader Advisory
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: commodity price volatility; general economic conditions in Canada, the United States, Mexico and globally; industry conditions, governmental regulation, including environmental regulation; unanticipated operating events or performance; failure to obtain industry partner and other third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital, skilled personnel and supplies; changes in tax laws; and the other risk factors disclosed under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Bacanora Minerals Ltd.
Colin Orr-Ewing
Non-Executive Chairman
+44 (0) 20 3696 2410
Bacanora Minerals Ltd.
Shane Shircliff
Chief Executive Officer
(403) 237 6122
Bacanora Minerals Ltd.
Martin Vidal
President
(+52 662) 210-0767
SOURCE: Bacanora Minerals Ltd.
Original Article: http://www.marketwatch.com/story/bacanora-announces-selection-as-tsx-venture-50-company-2015-02-11-101733117?reflink=MW_news_stmp
