Bacanora Lithium: Think BIG ask Board to seek better offer

Think BIG, who ShareSoc are supporting in their campaign, have sent the following letter to the Board of Bacanora Lithium. This letter will be RNS’d by ShareSoc at 07.45 tomorrow morning 25 November. 

Think BIG – Bacanora Investors’ Group

24 November , 2021

To the Board of Directors Bacanora Lithium plc (the “Board”).

In this Open Letter we explain our reasons why we think the offer from Ganfeng is not in the best interests of shareholders, suggest the Board seek to negotiate a better offer and explain our recommendation to shareholders not to accept the current offer.

 

The full letter can be read here Think BIG Open letter to Bacanora 24 Nov 2021

News Item written by ShareSoc Director Cliff Weight.

DISCLOSURE: I hold shares in Bacanora.

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