Mr. Peter Secker reports

BACANORA ANNOUNCES STOCK OPTION GRANTS

Bacanora Minerals Ltd. has granted an aggregate of 2,937,400 options to acquire common shares in the capital of Bacanora at a price of 0.85 British pound sterling ($1.39 (Canadian)) pursuant to the stock option plan of the company.

A total of 425,000 of the foregoing options have been granted to consultants and employees of the company and its subsidiaries. Such options vest immediately and are exercisable for a period of five years. The remaining 2,512,400 of the foregoing options have been granted to directors, officers and senior management members of the company and its subsidiaries. Such options vest as to one-third on the date of grant and an additional one-third on each of the first and second anniversaries of the date of grant, and are exercisable for a period of three years. All of the options granted today (and the common shares issuable upon exercise) will be subject to applicable securities law hold periods.

About Bacanora Minerals Ltd.

Bacanora is exploring for and developing a pipeline of international lithium projects, with a primary focus on the Sonora lithium project. The company's operations are based in Hermosillo in northern Mexico. The company is led by a team with lithium expertise and proven mine development, construction and operations experience.

We seek Safe Harbor.