July 23, 2018 / TheNewswire / Toronto, Canada - BacTech Environmental Corp. , is pleased to announce the results of the Annual General and Special Meeting held on July 18, 2018 have been posted on SEDAR and the Company's website . A total of 26,118,412 common shares were voted at the annual and special meeting of shareholders and the following individuals were elected to the board of directors of BacTech: John Gingerich [...]
BacTech Environmental today gave an update of results of an on-going bioleach study being conducted at Laurentian University in Sudbury from which design information is being obtained to build a bioleach plant for refractory gold concentrate processing in Ecuador. The study was based on materials collected by a third party in late 2017 from the Ponce Enriques area of southern Ecuador. Ponce Enriques is a well-known mining [...]
BacTech Environmental Corp. , has signed a Memorandum of Understanding with respect to financing its Bolivian tailings project. The MOU was signed with CACS International Investment Co. Ltd.. CACSI is a leading company in the field of engineering, procurement and construction for the mining industry, power generation, renewable energy, infrastructure construction, energy transmission and environmental projects in China [...]
Ross Orr, CEO of BacTech Environmental speaks on the company's technology than cleans up historic mine tailings while solving the acid mine draining problem. BacTech Environmental is being featured on CBC's Documentary Channel the weeks of May 14 - May 27, 2018 Monday through Friday, throughout the day and evenings. BacTech's core technology, called "bioleaching", employs naturally-occurring bacteria, harmless to both [...]
BacTech Environmental, today announced that it has closed the final tranche of its debenture financing. The final tranche raised under the Series III Debenture was $85,000 bringing the total raised to $185,000. To recap, the debenture pays 12% annually, includes a 20% common share equity bonus and a proportional share of a Net Smelter Royalty on the Company's Telamayu Tailings project. There were also 340,000 common [...]
BacTech Environmental today announced that it has increased the amount of money to be raised under its current equity financing from $100,000 to $600,000. The Company also announces that it has accepted a subscription agreement and subsequently closed an investment of $500,000 for Units. 1988097 Ontario Inc. has purchased 14,285,714 common share units at $0.035. The units are comprised of one common share of the Company [...]
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 [...]
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