BacTech Environmental will be hosting a booth at the upcoming Prospectors and Developers Association of Canada conference from Sunday, March 3, to Wednesday, March 6. Please join us at booth #3239 in the Investors Exchange at the Metro Toronto Convention Center to meet with our representatives and explore BacTech's Ecuador bioleach project, along with our R&D project in Sudbury for pyrrhotite tailings treatment. To book a [...]
BacTech Environmental has issued a follow-up update from its December press release on the pyrrhotite tailings bioleach initiative in Sudbury, Canada. For a video summary of today's news release, please click here. MIRARCO Mining Innovation led by Dr. Nadia Mykytczuk have commissioned the bioleaching cascade reactor circuit. The MIRARCO bioleaching team, have completed 2 baseline campaigns to ensure that instrumentation [...]
BacTech Environmental Corp. announced that it has received subscription agreements totaling $614,040 for the first tranche of its recently announced private placement of units in the Company. Each Unit, priced at $0.08 per Unit, comprises one common share and one half of a common share purchase warrant in the capital of the Company. Each whole Warrant will entitle the holder to acquire one additional common share in the [...]
BacTech Environmental Corp. has issued an update on its proposed pyrrhotite bioleach R&D project. As previously reported, BacTech is part of a consortium aiming to provide innovative solutions for remediating 80-100 million tonnes of pyrrhotite tailings deposited in and around Sudbury. Pyrrhotite is a highly reactive iron sulfide mineral that reacts strongly when exposed to oxygen, releasing soluble acidic iron harmful to [...]
BacTech Environmental announced its plan to conduct a non-brokered unit financing to secure capital for its proposed bioleach processing facility in Tenguel, Ecuador. The company aims to raise up to $1.0 million through this offering. Each unit, priced at $0.08, will comprise one common share and one half of a common share purchase warrant. A whole warrant will enable the holder to acquire an additional common share at [...]
BacTech Environmental Corp. is pleased to announce the official granting of the Environmental License by Ecuador's Ministry of the Environment. This approval allows BacTech to move forward with plans to develop a world-class bioleach processing facility in Tenguel and follows the successful completion of the community consultation process and subsequent sign off by the Minister of the Environment. With all major per...
BacTech Environmental Corp. is pleased to announce industry partner MIRARCO Mining Innovation will receive $280,000 in grant money through the Mining Innovation Commercialization Accelerator Network, a program focused on developing initiatives for the commercialization of mining technology to increase productivity and sustainability within the mining sector. The funding will be used to help develop and complete pilot [...]
BacTech Environmental Corp. announced that it has been informed that the Constitutional Court of Ecuador admitted for processing an unconstitutionality claim filed by CONAIE, an indigenous group, with respect to the Presidential Decree 754 signed on May 31st, 2023. The Decree deals with the environmental consultation for all public and private industries in the Country. The Decree will be provisionally suspended until [...]
BacTech Environmental Corp. announced a significant step forward in the Company's commitment to providing innovative eco-friendly bioleaching and remediation solutions for precious metal and critical mineral recovery. Today, BacTech is pleased to share that the Company has engaged Analytica Securities, a reputable Quito-based Securities firm known for its expertise in macroeconomic and financial consulting, corporate [...]
BacTech announced it has launched a new Sustainable Bond Framework for the issuance of green and social bond offerings. Quoting from Moody's public release of today, "We have assigned an SQS2 sustainability quality score to BacTech Environmental Corp.'s sustainable bond framework dated July 2023, which will finance two green eligible categories and two social eligible categories. The framework is aligned with the four [...]
BacTech Environmental announced it is joining the Canadian Delegation at Green Expo 2023, held September 4-8, 2023 in Mexico City. This initiative is organized in collaboration with the Ontario Trade and Investment Office in Mexico and Global Affairs Canada to support Canadian companies that wish to explore business opportunities in Mexico and Latin America. Green Expo is a premier event for su...
BacTech Environmental is pleased to provide the following corporate update. Financing The Company today announces the closing of a 3rd tranche of its recent placement for $132,000. The financing includes the issuance of 1,650,000 units consisting of one common share of BacTech and one common share purchase warrant. The warrant allows the holder to purchase an additional common share in the Company at $0.12 for a period of [...]
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