Issue of Equity

Bacanora Minerals Ltd.

("Bacanora Minerals" or the "Company")

Issue of Equity and Exercise of options

Bacanora Minerals, the lithium and borates company with assets in Mexico, announces that the Company has issued 200,000 new common shares (the "New Shares") in the Company pursuant to the exercise of options.

Application has been made for the 200,000 New Shares to be admitted to trading on AIM. Admission is expected to occur at 8.00 a.m. on 20 August 2015. The New Shares will rank pari passu with the existing Common Shares in issue. Following the issue of the new Common Shares as outlined above, there will be 85,147,409 common shares in issue. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

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