Baja Mining Corp.

• Mount Kellett Wanted Preferential Exemption from Shareholder Rights Plan • Baja Mining Corp. (TSX:BAJ - OTCQX: BAJFF) today advised shareholders that Mount Kellett Capital Management LP offered a predatory term for a “standstill” in the event that Mount Kellett’s employee Stephen Lehner joined Baja’s Board and then resigned. [ PDF ]

Baja today advised shareholders that it has filed and is mailing its Management Information Circular for a Special Meeting of holders of common shares of Baja that will take place on April 3, 2012. The Special Meeting was requisitioned by Mount Kellett Master Fund II A LP. The Circular exposes Mount Kellett’s attempt to execute a creeping takeover of Baja and details Mount Kellett’s attempts to put its interests ahead of the interests of other shareholders. Among other things, Mount Kellett privately sought exemptions from the Shareholder Rights Plan in 2011 so that Mount Kellett could acquire more than 30% of Baja’s common shares. [ PDF ]

Vancouver, January 18, 2012 - Baja Mining (TSX: BAJ-OTCQX: BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew a further US$ 100 million on January 17, 2012, the third draw on its senior debt facilities to date. [ PDF ]

Vancouver, January 12, 2012 – Baja Mining Corp. (“Baja” or the “Company”) (TSX:BAJ - OTCQX:BAJFF) today announced that it will amend its Stock Option Plan as requested in the December 16, 2011 special meeting requisition it received from Mount Kellett Master Fund II A LP (“Mount Kellett”). Baja further announced that it has delivered an invitation to Mr. Lorie Waisberg to join the Board of Directors of Baja and that it has invited Mount Kellett to name an additional nominee independent of Mount Kellett to serve on the Board of Directors and represent the interests of all shareholders. [ PDF ]

Baja Mining Corp. (“Baja” or the “Company”) (TSX:BAJ - OTCQX:BAJFF) announces that it has scheduled a special meeting of shareholders (the “Meeting”) in response to a requisition by dissident shareholder Mount Kellett Master Fund II A LP, as noted in Baja’s news release of December 19, 2011. [ PDF ]

Baja announced the appointment of former independent Lead Director Giles Baynham as independent Chair of Baja’s Board of Directors, the adoption of several new policies relating to corporate governance, and provided an update on the Company’s 70% owned, Boleo copper-cobalt-zinc project located in Baja California Sur, Mexico. [ PDF ]