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Full interview: Bacanora Lithium CEO hails completion of strategic investment by Ganfeng

Published: 10:38 14 Oct 2019 EDT

Bacanora Lithium PLC's (LON:BCN) Peter Secker speaks to Proactive London's Andrew Scott following approval from the relevant Chinese authorities for Gangfeng Lithium Co Ltd to complete its strategic investment in the company.

Bacanora is now in receipt of £21.9mln of funds from Ganfeng, and Ganfeng in turn now holds a 29.99% equity interest in Bacanora Lithium PLC and a 22.5% direct stake in the Sonora lithium project.

Bacanora Lithium 'fully financed and ready to develop the Sonora mine...

Bacanora Lithium's (LON:BCN) Peter Secker catches up with Proactive London's Katie Pilbeam about their latest US$65m financing with Ganfeng Lithium exercising its pre-emptive rights.  The chinese giant has increased its position to 28.8% meaning that it remains BCN’s largest...

on 02/09/2021