TORONTO, Jun 27, 2016 - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE:BAC) (OTC PINK:BCCEF) (WKN: A1H4TY) today announced that it has completed a second closing for the CAD$500,000 private placement announced on May 31, 2016.
BacTech will continue to announce weekly closings so as to access the capital for commitments in Bolivia. The second tranche was for $35,000 and resulted in the issuance of 875,000 common shares and 875,000 warrants. The warrants are exercisable at $0.10 for 2 years from closing.
Company Profile
BacTech Environmental Corp. holds the perpetual, exclusive, royalty-free rights to use the patented BACOX bioleaching technology for the reclamation of tailings and mining waste materials. The Company's principle focus is a high- grade silver/copper tailings project called Telamayu, located in Atocha, Bolivia, in association with COMIBOL, the state mining group. The Company signed an MOU with Duran Ventures Inc. to explore the viability of building a BACOX plant in Peru to treat high-grade gold/arsenic ores. Investigation has begun to identify similar opportunities in Ecuador. The Company continues to field enquiries globally with respect to additional opportunities for remediation, including licensing transactions for the technology.
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Shares outstanding 43,918,944
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Contact
BacTech Environmental Corp.: Ross Orr President & CEO 416-813-0303 ext 222 borr@bactechgreen.com Investor Relations Bill Mitoulas 416-837-7147 billm@venturenorthcapital.com
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TORONTO, Jun 27, 2016 - BacTech Environmental Corp. ("BacTech" or the "Company"), (CSE:BAC) (OTC PINK:BCCEF) (WKN: A1H4TY) today announced that it has completed a second closing for the CAD$500,000 private placement announced on May 31, 2016. 
