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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
BacTech Environmental Corp. is pleased to announce that further to its acquisition and closing of the 100-acre land package for its proposed processing plant in Tenguel, Ecuador, the Company has introduced a unique shared land management program that will see on-site cocoa farming continue with proceeds from all cocoa sales being retained by the [...]
BacTech Environmental Corp. is pleased to provide an environmental permitting progress report on its Tenguel, Ecuador bioleaching plant project. David Tingey, BacTech's COO based in Guayaquil, reports that the technical observations made in the Company's ESIA have been reviewed by the technical regulator and subsequent observations updated by [...]
BacTech Environmental Corp. is pleased to announce that it has signed letters of intent with several government-licensed gold mining cooperatives for initial orders to deliver up to 58 tonnes per day of arsenopyrite gold concentrates at a cutoff grade of 50 grams per tonne. The Company will negotiate final commercial terms and execute definitive [...]
