: The total value represented a 63% premium to Bacanora’s share price prior to the initial offer in May 2021.
: In April 2022, Mexican President Andrés Manuel López Obrador nationalized the country's lithium industry.
: Following nationalization, the Mexican government cancelled several of Bacanora’s mining concessions, claiming the company had not met minimum investment requirements.
: The offer valued Bacanora at approximately $391 million (£284.8 million).
: Shareholders received 67.5 pence in cash per share plus a distribution of Bacanora’s stake in Zinnwald Lithium (0.23589 Zinnwald shares per Bacanora share).