BacTech Environmental Corp. announced that Moneta Advisory Partners, co-founded by Marc LoPresti and Jon Najarian, has been engaged. Through its "Venture Evangelism" platform, Moneta will collaborate with BacTech to launch a multi-channel content production and investor awareness program, helping to expand industry relationships and market visibility for BacTech and its developing projects. "We had the good fortune to [...]
BacTech Environmental Corp. announced that President Guillermo Lasso of Ecuador has issued Decree No. 754 related to the Reform of the Regulations to the Organic Environmental Code, which regulates the Social Participation Process for Environmental Consultation in the Environmental Regularization Process . As previously communicated, this is the final major permit required to approve the Company's planned project in [...]
BacTech Environmental Corp. is pleased to announce its participation at the upcoming Sequire Investor Summit. This highly anticipated event, scheduled for April 24-26, 2023, at La Concha Resort in San Juan, Puerto Rico, promises to offer an array of exciting opportunities for funds, companies, and investors. The summit promises to offer comprehensive training sessions and keynote panels on various topics. These sessions [...]
BacTech Environmental Corp. announced that it is in the process of obtaining certification as an issuer of Green Bonds, with the aim of raising US$20.0 million to finance the planned construction of its 50 tonnes per day bioleaching plant in Tenguel, Ecuador. Upon completion, the facility is expected to be the largest and most efficient bioleaching plant in South America. BacTech uses naturally occurring bacteria [...]
BacTech Environmental Corp. announced today that it has closed the first tranche for $732,000 of its recently announced non-brokered private placement for $1M in equity funding. Each Unit, priced at $0.08 per Unit, comprises one common share and one 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 capital of the Company at [...]
BacTech Environmental Corp. is pleased to report that the Company has closed a $250,0000 Convertible Debenture with an existing strategic investor who previously completed a $1.0 million convertible debenture on April 21, 2022. The convertible debenture terms are the same as the prior debenture, now with the full principal balance of $1.25 million not due until September 4, 2024. The terms call for a conversion at $0.15 [...]
BacTech Environmental Corp. is pleased to announce a Non-Brokered private placement for gross proceeds of $1 million. Under the Offering, the Company will issue 12,500,000 units of the Company at a price of C$0.08 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Common Share at a price of $0.12 up to 24 months from [...]
BacTech Environmental Corp. is pleased is pleased to report the closing of the first tranche of its $500,000 private placement , issuing 851,515 units of the Company at a price of $0.066 per Unit for aggregate gross proceeds of $56,200. Each Unit consists of one common share and one transferrable common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one additional common share in [...]
BacTech Environmental Corp. is pleased to announce that the President of Ecuador has signed the eagerly anticipated pre-legislative consultation decree on Nov 28, 2022. This Decree will guide the formal comment for BacTech's final community "environmental consultation" phase in order to secure its Environmental License. For BacTech, this Decree builds on the ESIA Technical approval granted by the Government of Ecuador in [...]
BacTech Environmental Corp. is pleased to provide an updated progress report on its Tenguel - Ponce Enriquez bioleaching plant and project. Detailed Engineering COO David Tingey, based in Guayaquil, continues working closely with EPCM to finalize the Detailed Engineering report. Completion estimated for December 2022. Detailed Engineering Processing Plant Updates: Company and EPCM actively engaged in pre-development [...]
BacTech Environmental Corp. is pleased to announce that, further to its August 15, 2022 update, the Company has received official ESIA approval from the Ministry of Environment, Water, and Ecological Transition. This key approval marks a significant milestone with the process taking approximately seven months. BacTech will now pursue the final community consultation phase, pending further government direction, in order to [...]
BacTech Environmental Corp. is pleased announce that the Company has been approved to commence trading of its common shares on the OTCQB Venture Market in the United States, beginning today under the ticker symbol "BCCEF". "The Company is making significant headway with our commercial-scale bioleaching developments and recognizes the importance of increasing our visibility and accessibility to U.S. capital markets and the [...]