CALGARY, ALBERTA--(Marketwired - March 19, 2015) - BACANORA MINERALS LTD. (the "Company" or "Bacanora") (TSX VENTURE:BCN) (AIM:BCN) is pleased to announce that, it has, subject to regulatory acceptance, entered into an agreement with St. Brides Partners Ltd. ("SBP") of London, United Kingdom, to provide financial public and investor relations services to Bacanora.
The appointment of SBP is in line with the Company's strategy to maintain an active dialogue with its shareholders. Over the past 14 years SBP has proven its ability to deliver transparent, intelligent and compelling strategies through its integrated PR, IR, marketing and communication programmes, targeting both financial and trade publications, which add value, provoke action and provide visibility to its clients. SBP does not have any interest directly in the Company or its securities, or any right to acquire such an interest.
SBP will be responsible for activities involving the Company's communications strategy to ensure that the Company's strong investment case, and its projects' strong fundamentals are understood across the investment community and media. Amongst other activities, its role will include the dissemination of corporate information, the development of corporate presentations and continued communication and engagement with journalists, brokers, analysts and investors, and handling shareholder enquiries regarding the Company. Pursuant to the agreement, SBP will receive a monthly retainer of £3,000, and will be reimbursed for approved expenses. The agreement, which is subject to approval by the TSX Venture Exchange, may be terminated after a minimum six month period by either party on three month's written notice to the other party.
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