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

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.

Quick facts: Bacanora Lithium Ltd

Price: 22.5 GBX

AIM:BCN
Market: AIM
Market Cap: £48.01 m
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Bacanora Lithium continuing to make good progress at Sonora despite coronavirus

Bacanora Lithium PLC's (LON:BCN) Peter Secker tells Proactive London's Andrew Scott they're continuing to make good progress on all its workstreams, in spite of the coronavirus crisis. A particular focus remains on the completion of the project engineering work. The timetable for this...

on 25/3/20

2 min read