Bacanora Announces New Board Member

CALGARY, ALBERTA--(Marketwired - March 3, 2015) - BACANORA MINERALS LTD. (the "Company" or "Bacanora") (TSX VENTURE:BCN)(AIM:BCN) is pleased to announce that the board of directors of the Company has unanimously approved the appointment of David Lenigas as a non-executive director of the Company, subject to and effective upon completion of standard regulatory clearances with the AIM and TSX-V.

With this appointment, Rare Earth Minerals Plc has agreed to withdraw its request to call a Special Meeting of the Company's shareholders, as previously announced in the Company's press release dated February 11, 2015.

Mr. David Anthony Lenigas (aged 53) holds a Bachelor of Applied Science (Mining Engineering) from Curtin University's Kalgoorlie School of Mines and holds a First Class Mine Managers Certificate for Western Australia. Mr. Lenigas has extensive operational and corporate experience in managing companies within the oil and gas, gold, coal and other natural resource sectors. Mr. Lenigas also has a wealth of experience operating in global public markets, having served as a Chairman and/or director and acted in a senior executive capacity on many public company boards. He is currently the Executive Chairman of Rare Earth Minerals Plc, AfriAg Plc, UK Oil & Gas Investments Plc and Evocutis Plc and is the non-Executive Chairman of Inspirit Energy Holdings Plc and is a non-executive director of Octagonal Plc.

Colin Orr-Ewing, Non-Executive Chairman, commented: "We are very pleased to have David join our board and we look forward to working together with him and having him bring his extensive global corporate and mining experience to assist in advancing the Company through this exciting time in its growth and development."

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