BacTech Environmental announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators on March 18, 2020, with respect to the filing of its annual financial statements, management's discussion and analysis, and related officer [...]
BacTech Environmental Corp. is pleased to announce it has filed a Form 1-A Regulation A Offering with the Securities Exchange Commission in the United States to raise up to US$1 million dollars for the Company's bioleach mineralized material processing plant project planned for the Ponce Enriquez region of Ecuador. BacTech has received a Letter of Interest from Continuation Capital, a U.S. institutional investor, to [...]
BacTech Environmental today announced the closing of the 2nd tranche of a $75,000 non-brokered private placement of units announced on February 18, 2020. The use of proceeds will be to advance the proposed environmental bioleach circuit project to be located in Ponce Enriquez, Ecuador. The $0.015 units consist of one common share and 1 common share purchase warrant that permits the holder to buy an additional share at [...]
BacTech Environmental today announced its plans for the current year with respect to the Company's Ecuador project. BacTech has identified the Ponce Enriquez area of southern Ecuador as an area where the Company's bioleaching technology can be successfully deployed for environmental processing of locally produced concentrates. Given the high levels of arsenic contained in the ore from the area, miners receive [...]
BacTech Environmental today announced a non-brokered private placement of units. The use of proceeds will be to advance the proposed environmental bioleach circuit to be located in Ponce Enriquez, Ecuador. The $0.015 units consist of one common share and 1 common share purchase warrant that permits the holder to buy an additional share at $0.05 for a period of 24 months from the closing of the financing. The Company [...]
BacTech Environmental today announced that it will not proceed with the reclamation of the Telamayu tailings project in Bolivia. After completing metallurgical test work on the project and evaluating the economics of the project it was decided that the project would be too difficult to finance. It was estimated that the project would cost up to $US 9M. The inability to recover tin into a suitable concentrate severely [...]
Toronto, Canada - TheNewswire - July 26, 2019 - BacTech Environmental Corp. today announced that it has closed the first tranche of a $125,000 private placement. The private placement is a unit financing consisting of one common share of the company and one-half of a common share purchase warrant. One full warrant enables the holder to purchase one additional common share of the company at $0.05 for a period of 2 years [...]
BacTech Environmental Corp. today announced that it has taken initial steps to establish a bioleach project in Ecuador that will treat high arsenic concentrates produced in the country. A visit that coincided with the annual Expominas Convention in Quito in late April provided an opportunity for management of BacTech to identify and secure arsenopyrite concentrate samples for bioleach work to be conducted at Laurentian [...]
BacTech Environmental Corp. today announced that it has received a letter of support from the Minister of Environment for Ecuador. The letter, which is attached as an English translation, arose as a result of a visit to the Ministry in January of this year. The original Spanish letter will be posted on the Company's website. At the meeting, BacTech revealed its plans to target areas of high arsenic mineralization [...]
BacTech Environmental Corp. announced that it has signed a letter of intent with GMR Inc. to license for BacTech's proprietary bioleach technology.. BacTech joins Dundee Sustainable Technologies , as a technology partner with GMR to develop a potential solution for the remediation of the Gold Residual Stockpile in Snow Lake, Manitoba Through this agreement, BacTech received a $20,000 cash payment as an advance on the [...]
BacTech Environmental Corp. , today announced that it has raised CDN$150,000 via the issuance a Senior Bridge Loan. The bridge loan is for one year and will pay 12% interest on redemption. In addition, the Company will issue a total of 750,000 common share purchase warrants with a two-year term and allow the holder to buy additional shares at $0.05 per share. The use of proceeds will be used to pay for completion of the [...]
BacTech Environmental Corp. , today announced that holders of $195,000 of the 12% Debentures maturing on April 19th have elected to extend the term of the debenture for an additional 12 months. In consideration of the extension of the maturity date to April 19, 2020, the Company will issue a common share purchase warrant allowing the investor to purchase a common share of the corporation at $0.05 for a period of 3 years [...]
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