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Bactech Environmental Corp C.BAC

Alternate Symbol(s):  BCCEF

Financial Services Industrials Banks - Global
BacTech Environmental Corporation specializes in environmental technology. The Company provides bioleaching and remediation solutions to commercial operations to process and recover preferred metals (gold, silver, cobalt, and copper) and remove and transform harmful contaminants like arsenic into benign environmental protection agency (EPA)-approved products for landfill. By using its method of bioleaching, the Company neutralize toxic concentrates and tailings. Its technology, bioleaching, uses naturally occurring bacteria to neutralizes toxic mining sites and allows for processing in the mining industry. It focuses on building a new owner-operated bioleaching facility in Tenguel, Ecuador, in a region where arsenic is associated with sulphide gold ore. It has identified the Ponce Enriquez area of southern Ecuador as an area where its bioleaching technology can be deployed for environmental processing of locally produced concentrates from mining and tailings reclamation.


CSE:BAC - Post by User

Bactech Environmental Corp > BacTech Announces Close of Oversubscribed Private Placement
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Comment by lscfaon Feb 02, 2022 11:24am
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Post# 34389190

RE:BacTech Announces Close of Oversubscribed Private Placement

RE:BacTech Announces Close of Oversubscribed Private PlacementNeed to raise more money.  Ecuador plant costs US$15 million, 75% debt financed => Cdn$4.75 million equity raise 
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