Bacanora Announces Issuance of Shares for Services Rendered
26 Febrero 2014 - 3:33PM
Marketwired
Bacanora Announces Issuance of Shares for Services Rendered
CALGARY, ALBERTA--(Marketwired - Feb 26, 2014) - BACANORA
MINERALS LTD. (TSX-VENTURE:BCN) (the "Corporation" or "Bacanora")
announces the issuance of an aggregate of 90,000 common shares at a
price of $0.40 per share to James Leahy, a director of the
Corporation. The foregoing shares are being issued in payment of
services rendered under a consulting agreement (as amended)
pursuant to which Mr. Leahy has provided various corporate
financial advisory and other related services to Bacanora. The
foregoing consulting services have been recorded and disclosed in
the Corporation's most recent financial statements for the period
ended September 30, 2013. The completion of this share issuance is
subject to the approval of the TSX Venture Exchange. Upon issuance,
the foregoing shares will be subject to a statutory four-month hold
period in accordance with applicable securities laws.
Forward-Looking Statements
Except for statements of historical fact relating to the
Corporation, certain information contained herein constitutes
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: 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 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 the release.
Bacanora Minerals Ltd.Shane ShircliffChief Executive
Officer(306) 649-0602Bacanora Minerals Ltd.Martin
VidalPresident(+52 662) 210-0767www.bacanoraminerals.com
Bacanora Minerals Ltd. (TSXV:BCN)
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