BacTech Environmental Corp. - At a recent Lithium and Battery Material conference held in Perth, Australia the head of Rio Tinto's Venture group presented a chart from a Massachusetts Institute of Technology study they had commissioned to determine what metals and minerals were to be most impacted by new technologies using a number of criteria. Surprisingly, tin ranked #1 in the MIT study . The question is what was the [...]
BacTech Environmental Corp. today announced that it has closed $80,000 of the $100,000 financing announced on March 21st. The balance has been spoken for and should close shortly. The private placement consists of units for a total of $100,000 at $0.035 per share. Each unit contains a common share of the Company, a full warrant exercisable at $0.05 for 2 years and a proportionate share of a Net Smelter Royalty on the [...]
BacTech Environmental today announced that it is proceeding with a private placement of units for up to $100,000 at $0.035 per share and has received price protection from the Canadian Stock Exchange in accordance with an exemption from the applicable Policy. The private placement units consist of one common share of the Company, a full warrant exercisable at $0.05 per share for 2 years and a proportionate share of a Net [...]
BacTech Environmental today announced that it has signed a Letter of Intent with Blockmine Development Inc. a company focused on introducing blockchain technology into the mining industry. Both parties will investigate the use of blockchain technology to provide verification of the production of environmentally beneficial metals. Third party verification is needed to audit the process for producing what is referred to as [...]
BacTech Environmental, today announced that it has restructured its recently announced debenture offering and has added an equity offering. The Company also announced that it has closed an initial $200,000 from these financings. With respect to the debenture financing announced on November 8, 2017, the Company has replaced the warrants that accompanied the proposed debenture with a 20% common share equity bonus based on [...]
BacTech Environmental today announced that it will seek to raise up to $500,000 through a non-brokered private placement in the form of a unique debenture offering open only to accredited investors . The 2-year New Debenture will carry a 12% interest rate with interest to be paid annually, 1,333,333 warrants per $100,000 debenture investment exercisable at a price of 7.5 cents per warrant entitling the holder to one [...]
BacTech Environmental today announced that it will seek to raise up to $500,000 through a non-brokered private placement in the form of a unique debenture offering open only to accredited investors (the "New Debentures"). The 2-year New Debenture will carry a 12% interest rate with interest to be paid annually, 1,333,333 warrants per $100,000 debenture investment exercisable at a price of 7.5 cents per warrant entitling [...]
TORONTO, Oct. 25, 2017 /CNW/ - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE: BAC, OTC: BCCEF) today released the results from its initial metallurgical test work on material sourced from the Telamayu tailings in Bolivia. Overall the results were positive as expected and additional test work using different reagents will be carried out immediately to potentially add more metal recovery. The results are [...]
TORONTO, Sept. 12, 2017 /CNW/ - BacTech Environmental Corp. (CSE:BAC, OTC Pink-BCCEF), ("BacTech or the "Company") today announces the summary of a recently completed National Instrument 43-101 Mineral Resource Estimate on its' Telamayu, Bolivia tailings reclamation project. The recent 57 drill hole campaign and subsequent assay results form the basis of the resource calculation. The full report will be posted on SEDAR [...]
TORONTO, Aug. 14, 2017 /CNW/ - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE: BAC, OTC Pink: BCCEF) today announced that it has closed its current debenture financing for total gross proceeds of $445,000 for the debenture and accompanied by 1,780,000 common shares, which are included as a Bonus Equity Interest. The debenture has a 2-year term and pays 12% interest yearly. The debenture included a 20 [...]
TORONTO, Aug. 1, 2017 /CNW/ - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE: BAC, OTC Pink: BCCEF) today released assay values for arsenopyrite concentrates collected from various flotation plants in the Ponce Enriquez mining district, Ecuador. Third-party fire assays were conducted on the concentrates by SGS Canada Inc. at Lakefield, Ontario. Of note, Sample EC-26 returned 67.3 g/t gold (2.17 oz/t) with [...]
TORONTO, June 28, 2017 /CNW/ - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE: BAC, OTC Pink: BCCEF) today announced that it has closed the 3rd tranche of its debenture financing announced on April 5, 2017. The amount closed was CAD$160,000. This brings the total raised under this unique format to $445,000. The non-brokered private placement is being made without any solicitation and the company is [...]