TORONTO, ON. – The press wire – October 21, 2021 – BacTech Environmental Society (OTC: BCCEF) (CSE: BAC) (FSE: 0BT1) (CNSX: BAC.CN) (âBacTech or the Companyâ), a commercially proven environmental technology company that provides effective solutions for recovering metals from biomin and environmentally friendly remediation solutions, announced today it began trading on the Frankfurt Stock Exchange (the âFSEâ) under the symbol 0BT1. Common shares are now listed on the Canadian Securities Exchange (CSE), OTC Markets (OTC) and the Frankfurt Stock Exchange (FSE).
The FSE is not only the largest of the eight stock exchanges in Germany, it is also considered to be one of the largest securities trading centers in the world. The Company expects that the FSE listing will provide increased liquidity and significantly expand BacTech’s investor base across Europe and internationally.
âBacTech is a company with international interests, and it makes sense to increase our visibility with European investors before we receive any potential catalysts for good news on our Feasibility study of the Ponce Enriquez project,Said Ross Orr, President and CEO of BacTech. âWhenever we can make it easier for investors to participate in our growth, we know shareholders benefit. “
BacTech plans to build a new owner-operated bioleaching facility in Ponce Enriquez, Ecuador, in a region where arsenic is associated with gold ore (arsenopyrite). The Company’s plan is to construct a 50 tpd bioleach plant capable of processing high gold / arsenic content material. A 50 t / d plant, processing 1.5 ounces of gold per tonne of feed, similar to feedstocks available to the Company, would produce approximately 26,000 ounces per year. Factory designs are modular and can be expanded without affecting ongoing production.
BacTech continues to study the prospects of establishing additional modern mining operations in other regions of Ecuador, Peru, Colombia and Central America. Where possible, the Company will partner with national and local governments, non-governmental organizations (NGOs) and others to help fund these projects.
BacTech is a proven environmental technology company, providing efficient and environmentally friendly biomining and remediation solutions to business operations to intelligently process and recover preferred metals (gold, silver, cobalt and copper) and remove and transform into safe from harmful contaminants like arsenic in benign EPA -products approved for landfill. Taking advantage of the many environmental and economic advantages of its exclusive bioleaching method, BacTech uses natural bacteria, harmless to humans and the environment, to neutralize toxic mining sites with high potential for remuneration. BacTech is listed on the CSE under the symbol “BAC” and on the OTC under the name “BCCEF”.
For more information contact:
President and CEO, BacTech Environmental Corporation
416-813-0303 ext. 222
This press release contains “forward-looking information”, which may include, but is not limited to, statements regarding future tailings sites, sampling or other surveys of tailings sites, the ability of the Company to use the infrastructure around the tailings sites or the operational performance of the company and its projects. Often, but not always, forward-looking statements can be identified using words such as “plans”, “expects”, “is planned”, “budget”, “planned”, “estimates”, “forecasts”. “,” Intention “,” anticipates “, or believes” or variations (including negative variations) of these words and expressions, or declares that certain actions, events or results “May”, “could”, “would”, “could” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to differ materially from future results, performance or achievements expressed or implied by the companies. forward-looking statements. The forward-looking statements contained herein are made as of the date of this press release and the Company disclaims, except as required by law, any obligation to update forward-looking statements, whether as a result of new information, results , future events, circumstances, or if management’s estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, the reader is cautioned not to place undue reliance on forward-looking statements.
The Canadian Securities Exchange (CSE) has not reviewed and accepts no responsibility for the adequacy or accuracy of the contents of this release.
This press release does not constitute an offer to sell or a solicitation of an offer to purchase shares, nor a solicitation of interest by any potential investor.