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Baja Announces Bought Deal Financing

ENP Newswire 2010, August 4

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ENPNewswire-4 August 2010-BAJA ANNOUNCES BOUGHT DEAL FINANCING(C)2010 ENPublishing - Release date- 30072010 - Baja Mining Corp. today announced it has executed an agreement with a syndicate of underwriters led by Cormark Securities Inc and including CIBC World Markets and Canaccord Genuity Corp. and Rodman and Renshaw LLC, participating with respect to sales in the United States on an exempt basis under which the Underwriters have agreed to purchase, on a bought deal basis, 21,875,000 common shares of Baja at a price of $0.80 per Share for gross proceeds of $17,500,000.