Bacanora Announces Officer Changes
June 20 2014 - 6:17PM
Marketwired
Bacanora Announces Officer Changes
CALGARY, ALBERTA--(Marketwired - Jun 20, 2014) - BACANORA
MINERALS LTD. ("Bacanora" or the "Company") (TSX-VENTURE:BCN) is
pleased to announce the appointment of Mr. Colin Orr-Ewing as the
Chairman of the Board of the Company. Mr. Orr-Ewing began his
career as an investment manager for the Shell Pension Fund in
London after qualifying as a Certified Accountant. He has a wealth
of over 35 years' experience spanning both the oil and mining
industries and has been a director of UK and Canadian oil companies
and Irish and Canadian mining companies. Mr. Orr-Ewing has also
acted as a consultant to a fund management company on its natural
resources portfolios for the last 20 years, and, until 2013, was
Executive Chairman of Vatukoula Gold Mines Plc. He was actively
involved in the oil industry from 1971 to 1987, working with
numerous companies in the North Sea, Libya, Nigeria and Algeria.
Mr. Orr-Ewing is a geography graduate of Oxford University.
In addition, the Company announces the resignation of Mr. Paul
Conroy from the position of Vice President Special Projects and as
a Director of the Company. Mr. Conroy was the founder of Bacanora
and has served as an officer and Director since its inception. It
is expected that Mr. Conroy will remain with the Company in a
consultancy capacity. The Board expresses its most sincere
appreciation and gratitude to Mr. Conroy for his foundation of the
Company and his years of dutiful service that have followed.
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",
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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.
Bacanora Minerals Ltd.Shane ShircliffChief Executive
Officer(306) 649-0602Bacanora Minerals Ltd.Martin
VidalPresident(+52 662) 210-0767www.bacanoraminerals.com
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