BacTech Environmental Corp. today announced it has arranged a non-brokered private placement financing of up to 5,000,000 common shares at $0.03 per share for gross proceeds of $150,000. The closing of the offering is expected to occur on or before January 31, 2021 and is subject to the completion of documentation including receipt of regulatory [...]
Toronto, Canada – TheNewswire - January 19, 2021 - BacTech Environmental Corp. today announced that it has signed a Memorandum of Understanding with a private equity group in Europe to fully fund a proposed bioleach plant in Ecuador. The MoU, subject to completion of due diligence, outlines how a private group based in Europe can obtain a 50 [...]
Toronto, Canada – TheNewswire - December 3, 2020 BacTech Environmental Corp. today announced the assay results for the six concentrate samples collected from small mine producers in Ponce Enriquez, Ecuador. The area is known for its production of gold rich arsenopyrite material. The assay work was conducted by ALS Laboratories in Vancouver, Canada [...]
BacTech Environmental Corp. , , today announced that it has created an Advisory Committee for its proposed gold bioleach project near Ponce Enriquez, Ecuador. BacTech is an environmental metal company focusing on processing high arsenic/gold concentrates using bioleaching. Mr. Stevie Gamboa has agreed to become the first member of the committee [...]
BacTech Environmental Corp. today provided the following update on its Ponce Enriquez, Ecuador project. As previously reported, a total of 6, 10-kilogram concentrate samples were collected from 6 different processing plants around Ponce Enriquez. There are over 90 different processors in the area producing anywhere from 1 to over 20 tonnes per day [...]
September 17, 2020 BacTech Environmental Corp. today announced the closing of the first tranche of its recently approved Regulation A financing in the United States. A new investor has purchased 3,333,333 shares at US$0.015 for gross proceeds of US$50,000. There were no finder's fees paid on the transaction. In Colombia, the Company continues to [...]
BacTech Environmental Corp. , today announced significant balance sheet improvements with respect to outstanding debt obligations. "Management of the Company, who have been accruing salaries for over 3 years, have agreed to a voluntary forgive the indebtedness from accruing compensation owing to them as of June 30th, 2020 . In its place BacTech [...]
BacTech Environmental Corp. today announced that it has agreed to investigate a gold mine tailings site near Medellin, Colombia with MetalTec, LLC . MetalTec, based in Naples, Florida, operates an alluvial mine in Colombia as well as brokering gold produced by small miners. Ross Orr, President and CEO of BacTech, states: "We were recently contacted [...]
August 5, 2020 BacTech Environmental Corp. today announced the signing of a Memorandum of Understanding with Green Bank Network, LLC to explore financing opportunities using Green Bonds. "Although we are fairly early in the development of the Ecuador project, we understand the process to finance the plant construction and initial operating costs [...]
BacTech Environmental announced that its Tier 2 Regulation "A" offering memorandum originally filed on April 2, 2020 with the United States Securities Exchange Commission has been Qualified as of July 14, 2020. BacTech filed an offering to raise up to US$1M to finance the bioleach test work, prefeasibility and feasibility studies and detailed [...]
BacTech Environmental today announced it has completed the collection of gold concentrate samples produced by six different gold processing facilities in Ponce Enriquez and Portovelo, Ecuador. Ross Orr, President and CEO of BacTech states "This represents an important step to move the Ponce Enriquez bioleach gold project forward in Ecuador. We are [...]
BacTech Environmental has been investigating the use of bioleaching as a means of processing high arsenic concentrates and stabilizing arsenic contained in local tailings. This past weekend, there was a tailings breach in Ponce Enriquez, Ecuador. Approximately 50 tonnes of tailings material were released into the local Tenguel River after a [...]
