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About this update from Cadence Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 2751O Rare Earth Minerals PLC 18 September 2013 \n \n\n18 September 2013\nRare Earth Minerals plc\n(the \"Company\" or \"REM\")\n \nInvestment\n \nRare Earth Minerals plc (AIM: REM) the rare earth minerals and metals projects investment company is pleased to announce that it has made a further market investment totalling $0.05 million in Bacanora Minerals Limited (\"Bacanora\").\n \nInvestments\n \nBacanora is a TSX-V listed company exploring for and developing industrial mineral resources in Mexico with a primary focus on Borates and Lithium. It is the joint venture partner of REM in the Fleur-El Sauz Lithium project (the \"Joint Venture\"). REM now has an interest of approximately 0.90% in the issued share capital of Bacanora, acquired at a cost of $0.25 million. This interest, when aggregated with REM's 30% direct interest in the Joint Venture, results in a total economic interest in the Joint Venture of approximately 30.63%.\n \n- ends -\n \nFor further information please contact:\n \n\n\n\n\nRare Earth Minerals plc \n\n\n\n\n\n\n\nDavid Lenigas\n\n\n+44 (0) 207 440 0647\n\n\n\n\n\n\n\n\n\n\n\n\nWH Ireland Limited\n\n\n\n\n\n\n\nJames Joyce\n\n\n+44 (0) 207 220 1666\n\n\n\n\nNick Field\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPelham Bell Pottinger\n\n\n\n\n\n\n\nJames MacFarlane \n\n\n+44 (0) 207 861 3864\n\n\n\n\nMarcin Zydowicz\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAKNPFDNDEEF\n ","length":4583,"tagName":"div"}]