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REM's CEO appointed to the board of Bacanora Minerals Ltd
[September 15, 2014]

REM's CEO appointed to the board of Bacanora Minerals Ltd


(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 15 September 2014 Release date- 12092014 - Rare Earth Minerals (AIM: REM) reports that Bacanora Minerals Ltd has today announced the appointment of Kiran Morzaria as a non-executive director of Bacanora with immediate effect.



Kiran is the Chief Executive Officer of REM.

REM has an 11.90% shareholding in Bacanora, its joint venture partner in the Sonora Lithium Project in Mexico. This interest, when aggregated with REM's 30% direct interest in the Fleur El-Sauz Lithium Joint Venture ('JV#1') and the 30% direct interest in the Megalit Joint Venture ('JV#2'), results in a total economic interest in the Fleur El-Sauz and Megalit Joint Ventures of approximately 38.3%.


David Lenigas, the Company's Chairman commented: 'The appointment of Kiran, as REM's representative to the board of BCN, is an important step forward in REM's partnership with Bacanora on the overall Sonora Lithium Project in Mexico. Kiran's corporate experience, commercial knowledge and technical training, will provide a strong addition to the board of Bacanora as the Sonora Lithium Project progresses towards commercialisation.' Contact: Rare Earth Minerals plc David Lenigas Kiran Morzaria Tel: +44 (0) 207 440 0647 WH Ireland Limited James Joyce Nick Field Tel: +44 (0) 207 220 1666 Hume Capital plc Guy Peters Jon Belliss Tel: +44 (0) 203 693 1470 Square1 Consulting David Bick Tel: +44 (0) 207 929 5599 (c) 2014 Electronic News Publishing -

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