REM ups Bacanora stake to 15% but chairman declines interest in CEO position

By Laura Syrett
Published: Tuesday, 03 March 2015

UK-listed speciality mineral investor Rare Earth Minerals Plc has increased its holding in Mexico-focused Bacanora as it pushes for more exposure to the revival of interest in lithium exploration.

UK-listed Rare Earth Minerals Plc (REM) today increased its shareholding in TSX-V and AIM-quoted lithium explorer Bacanora Minerals Ltd to 15.02%, up from its previous 14.48% share.

London-based REM, which describes itself as an investment company focused on lithium and...

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