TIDMBCN TIDMREM

RNS Number : 3648Z

Bacanora Minerals Ltd

17 September 2015

 
 TR-1: Notifications of Major Interests in Shares 
------------------------------------------------- 
 
 
 1: Identity of the issuer          Bacanora Minerals Ltd 
  or the underlying issuer of 
  existing shares to which voting 
  rights are attached: 
---------------------------------  ---------------------- 
 
 
 2: Reason for notification (yes/no) 
----------------------------------------------------------- 
 An acquisition or disposal of voting rights            yes 
-----------------------------------------------------  ---- 
 An acquisition or disposal of qualifying financial     no 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------  ---- 
 An acquisition or disposal of instruments with         no 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------  ---- 
 An event changing the breakdown of voting rights       no 
-----------------------------------------------------  ---- 
 Other (please                                          no 
  specify): 
---------------------------------------------------    ---- 
 
 
 
 3. Full name of person(s)            Rare Earth Minerals Plc 
  subject to the notification 
  obligation: 
-----------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------  ------------------------ 
 5. Date of the transaction                 16/09/2015 
  (and date on which the threshold 
  is crossed or reached): 
-----------------------------------  ------------------------ 
 6. Date on which issuer notified:          17/09/2015 
-----------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or reached:                           17% 
-----------------------------------  ------------------------ 
 
 
 
  8: Notified Details 
-------------------------------------------------------------------- 
  A: Voting rights attached to shares 
-------------------------------------------------------------------- 
 Class/type of share If possible               CA05634Q1054 
  use ISIN code 
------------------------------------  ------------------------------ 
 
 Situation previous to the triggering transaction 
-------------------------------------------------------------------- 
 Number of shares                      Number of voting rights 
------------------------------------  ------------------------------ 
             14,389,508                         14,389,508 
------------------------------------  ------------------------------ 
 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------- 
 Number of shares       Number of voting rights      Percentage of 
                                                     voting rights 
--------------------  --------------------------  ------------------ 
                          Direct       Indirect    Direct   Indirect 
--------------------  --------------  ----------  -------  --------- 
     14,489,508         14,489,508         0       17.02%    0.000 
--------------------  --------------  ----------  -------  --------- 
 
 
  B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration date   Exercise/ conversion       No. of voting       Percentage of 
     instrument                             period/date            rights that         voting rights 
                                                                 may be acquired 
                                                                (if the instrument 
                                                               exercised/converted) 
------------------  ----------------  ---------------------  ----------------------  --------------- 
 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of     % of voting 
  instrument          price      date         Conversion    voting        rights 
                                              period        rights 
                                                            instrument 
                                                            refers 
                                                            to 
------------------  ---------  -----------  ------------  ------------  ---------------- 
                                                                         Nominal   Delta 
------------------  ---------  -----------  ------------  ------------  --------  ------ 
 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
       14,489,508                 17.02% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
 
 
 
 Proxy Voting: 
------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------- 
 11. Number of voting rights 
  proxy holder will cease to hold: 
----------------------------------- 
 12. Date on which proxy holder 
  will cease to hold voting rights: 
----------------------------------- 
 
 
 13. Additional information: 
-----------------------------  --------------- 
 14. Contact name:              Donald Strang 
-----------------------------  --------------- 
 15. Contact telephone 
  number:                       (020) 74400640 
-----------------------------  --------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 17, 2015 06:06 ET (10:06 GMT)

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