Igneous Capital Limited Updates Early Warning Report Regarding Bacanora Minerals Ltd.

LOWER HUTT, NZ, June 12, 2015 /CNW/ - Further to the press release of Igneous Capital Limited ("Igneous") dated June 10, 2015, as the annual and special meeting of shareholders of Bacanora Minerals Ltd. ("Bacanora") scheduled for June 12, 2015 has concluded, Igneous and D&A Income Limited are no longer acting jointly or in concert. Igneous holds ownership and control of 15,000,000 common shares of Bacanora, which represents approximately 17.7% of the issued and outstanding common shares of Bacanora.

This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which requires a report to be filed on SEDAR (www.sedar.com) containing additional information with respect to the foregoing matters. A copy of this report may be obtained by contacting Igneous Capital at 55 Marine Parade, Eastbourne, Lower Hutt, 5013, New Zealand.

SOURCE Igneous Capital Limited

For further information: Guy Walker, Corporate Secretary, Igneous Capital, gwalker@nzdirector.com

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