Ilika plc CEO appointed as NED of Bacanora Lithium plc (0762K)
April 20 2020 - 2:00AM
UK Regulatory
TIDMIKA TIDMBCN
RNS Number : 0762K
Ilika plc
20 April 2020
Ilika plc
("Ilika" or the "Company")
CEO appointed as NED of Bacanora Lithium plc
Ilika (AIM: IKA), a pioneer in solid-state battery technology,
is pleased to announce that Graeme Purdy, Ilika's Chief Executive
Officer, in addition to his executive responsibilities at Ilika,
has been appointed with immediate effect as a Non-Executive
Director ("NED") to the board of Bacanora Lithium plc ("Bacanora")
(AIM: BCN), a lithium exploration and development company.
Bacanora owns lithium assets in Mexico and Germany. It is
currently focused on building, in collaboration with its major
shareholders and offtake partners, Ganfeng Lithium and Hanwa
Corporation, some of the world's largest lithium metals producers
and lithium chemical traders, a 35,000 tonne per annum open pit
lithium carbonate (Li2CO3) operation at its flagship asset, the
Sonora Lithium Project in Mexico. The Sonora Lithium Project has
8.8 million tonnes of lithium carbonate equivalent resources, with
an approximate 250-year resource life.
Ilika's CEO Graeme Purdy, stated: "As Ilika scales up its
technology and moves from a development into a manufacturing phase,
Ilika's board believes it is important Ilika has a detailed insight
into the global lithium ion battery supply chain. Given the
exciting developments at Ilika, I intend to limit myself to one NED
role and we believe this NED position at Bacanora will offer
important insights into the dynamics and relationships of the
lithium market, ensuring the role benefits both companies."
For more information contact:
Ilika plc www.ilika.com
Graeme Purdy, Chief Executive Via Walbrook PR
Steve Boydell, Finance
Director
Liberum Capital Limited Tel: 020 3100 2000
Andrew Godber, Cameron
Duncan, William Hall, Nikhil
Varghese
Walbrook PR Ltd Tel: 020 7933 8780 / Ilika@walbrookpr.com
Tom Cooper Mob: 0797 122 1972
Lianne Cawthorne Mob: 07584 391 303
Nick Rome Mob: 07748 325 236
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOASFUFEWESSELL
(END) Dow Jones Newswires
April 20, 2020 02:00 ET (06:00 GMT)
Bacanora Lithium (LSE:BCN)
Historical Stock Chart
From Apr 2024 to May 2024
Bacanora Lithium (LSE:BCN)
Historical Stock Chart
From May 2023 to May 2024