BacTech Environmental Corp. is pleased to announce that the Company is now evaluating potential engineering companies to conduct an independent Feasibility Study for the Company's Ponce Enriquez Bioleaching Project. The FS will consider sample collection and final test work results to produce detailed plans and estimates that encompass plant design, constructability, and scheduling. The study will be used to guide [...]
BacTech Environmental Corp. is pleased to announce that all formal bioleach test work for the Company's Ponce Enriquez bioleaching project is now complete. BacTech will deliver final testing results and analysis when received by third-party testing provider ALS Laboratories. Interim bioleach results, covering four key areas, are presented below. "Results to date continue to show great promise, and I'm excited to see [...]
BacTech Environmental Corp. is pleased to provide an operations update following CEO Ross Orr's return from Ecuador and subsequent receipt of an ALS Laboratories progress report. Recent Highlights: - Two potential Ponce Enriquez-area processing plant sites now identified: due diligence and negotiations underway - Promising ALS bioleach interim test results show bacteria are resilient to high levels of arsenic - Strong [...]
The Board of Directors of BacTech Environmental Corp. , a commercially proven environmental technology company delivering effective and eco-friendly biomining and remediation solutions, today announced the appointment of the Honourable Timothy Lewin as Chairman of the Board. He replaces outgoing Chairman John Gingerich who submitted his resignation to focus on personal business interests. Mr. Lewin is a former Commodities [...]
BacTech Environmental Corp. today announced that it has executed a strategic Memorandum of Understanding with Curatio Gold Limited to source refractory ores for processing from Eastern Africa. Curatio was recently established to provide funding to support improved metallurgical processing, with the goal of eliminating the dangerous and environmentally unfriendly use of mercury for gold liberation. The group will initially [...]
[wp=1775]BacTech Environmental Corp.[/wp today is pleased to announce what the Company considers to be very positive gold recovery results from the third-party diagnostic test work being conducted at ALS Laboratories in Perth, Australia under the guidance of BacTech's Dr. Paul Miller. ALS Laboratories is a recognized global leader in metallurgical testing and consulting services for mineral process flowsheet development and [...]
BacTech Environmental Corp. today announced a series of transactions with respect to common share purchase warrants and common share stock options of the Company. A total of 2,150,000, less the ones exercised noted below, of common share stock options expired on March 15, 2021 with an exercise price of $0.07 per share. To replace these the Company will issue 2,200,000 new common share stock options with an exercise price [...]
BacTech Environmental Corp. announced today that is has closed its previously announced, non-brokered private placement. A total of $153,500 was raised through the issuance of 5,116,666 common shares priced at $0.03 per share. Four insiders of BacTech participated in the financing for a total of $39,000 resulting in the issuance of 1,300,000 common shares. The financing was offered in parallel with a capital raise [...]
BacTech Environmental Corp. announced today that is has closed another tranche of its US Regulation "A" financing. The financing was offered in parallel with a capital raise underway in Canada. This is the 2nd round of financing using the Regulation "A" exemption. In this round, the Company raised US$92,500 at US$0.015 through the issuance of 6,166,667 common shares. There were no warrants issued with the common stock [...]
BacTech Environmental Corp. today announced it has arranged a non-brokered private placement financing of up to 5,000,000 common shares at $0.03 per share for gross proceeds of $150,000. The closing of the offering is expected to occur on or before January 31, 2021 and is subject to the completion of documentation including receipt of regulatory approvals. All common shares issued pursuant to the offering will be subject [...]
Toronto, Canada – TheNewswire - January 19, 2021 - BacTech Environmental Corp. today announced that it has signed a Memorandum of Understanding with a private equity group in Europe to fully fund a proposed bioleach plant in Ecuador. The MoU, subject to completion of due diligence, outlines how a private group based in Europe can obtain a 50% interest in BacTech’s proposed bioleach plant in exchange for providing 100% of [...]
Toronto, Canada – TheNewswire - December 3, 2020 BacTech Environmental Corp. today announced the assay results for the six concentrate samples collected from small mine producers in Ponce Enriquez, Ecuador. The area is known for its production of gold rich arsenopyrite material. The assay work was conducted by ALS Laboratories in Vancouver, Canada. “The results were all relatively close to the stated grades provided by [...]