The Board of Directors of Bacanora announced the proposed appointment of Mark Hohnen as a Director of Bacanora, subject to regulatory approval and finalisation of the terms of his appointment. Mr. Hohnen brings with him experience in the Japanese, Chinese and Korean markets, all of which play a significant role in the production of lithium ion batteries and the development of electric vehicle technology. He has had extensive international business experience in a wide range of industries including mining and exploration, property, investment, software and agriculture.

Mr. Hohnen was also a director of Kalahari Minerals and Extract Resources, having successfully negotiated the sale of both companies to Taurus (CGN). He remains on the board of Swakop Uranium.