Andrew Taunton Joins BacTech's Strategic Advisory Board
SolGold Ecuador Vice President and Government Relations
Lead Andrew Taunton Joins BacTech as Strategic Advisor
TORONTO, ON., A ugust 19, 2021 – BacTech Environmental Corporation (OTC:BCCEF,
CSE:BAC)(“BacTech or the Company”), a commercially proven environmental technology
company delivering effective and eco-friendly biomining and remediation solutions, is pleased to
announce Andrew Taunton, Vice President of SolGold Ecuador and government relations lead,
has joined BacTech’s Strategic Advisory Committee.
An active business executive and resident of Ecuador for the past 30 years, Mr. Taunton currently
oversees the SolGold Ecuadorian group of companies which hold mineral exploration properties
throughout the country, including the world class recognized Cascabel / Alpala copper gold
project. As Strategic Advisor, Mr. Taunton brings an extensive network of business professionals
and connections in both commercial activity and gov ernment service to BacTech’s Ponce
Enriquez Bioleaching Project.
“BacTech brings a fresh and exciting approach to the treatment of arsenic contaminated waste,
and to help assist with contamination problems in a country like Ecuador with such bio -diverse
environments is personally very satisfying,” said Mr. Taunton. “Those in the mining industry who
recognize that past mismanagement of waste materials requires proper and professional
resolution are constantly on the look -out for such initiatives. BacTech’s Ponce Enriquez
Bioleaching Project proposes to tackle an old problem head-on and will help to clean up mineral
waste deposits while providing valuable benefits to both the local economy and its environment.
This is a very positive and attractive combination.”
“With the addition of Andy, BacTech has added a well -known and respected person in the
Ecuadorian mining community. I look forward to working closely with him as we advance the
project,” said Ross Orr, President and CEO of BacTech. “We have an adviso ry board that covers
legal with Stevie Gamboa, technology with Nadia Mykytczuk and now Andy in government
relations and providing a general overview of doing business in Ecuador. Andy operates at a very
senior level in Ecuador, possessing extensive regional knowledge, far -reaching contacts, and
business instincts that will help advance BacTech’s interests. I’m truly excited and appreciative
to have him on our team.”
Mr. Taunton’s extensive business experience in Ecuador includes establishing petroleum service
activities as an entrepreneur, representing multiple international aviation parts and services
suppliers including Pratt and Whitney Canada, holding senior management team roles in physical
security and crisis management in the petroleum and mining ind ustries and leading the initial
stages of planning for the transition of all stakeholders to Quito’s new airport. Andrew was COO
for a TSX listed junior explorer with central Ecuador exploration activity and Security Manager for
Kinross Gold Corporation’s Fruta del Norte project in Ecuador and their Tasiast gold mine in
Mauritania. His voluntary service has included being the President of the British Ecuadorian
Chamber of Commerce, one of the Founders of the British School in Quito and a Consular Agent
over many years for the British Embassy. Andrew was awarded the title of Member of the Order
of the British Empire (MBE) by Queen Elizabeth II for his service and international liaison activity
following the 2016 earthquake which hit Ecuador.
In considerati on for the services to be provided by the Strategic Advisor, the Company has
granted 200,000 stock options of the Company, exercisable for a period of five years at a market
price of $0.15 per share.
About the Ponce Enriquez Bioleaching Project
BacTech i s planning to build its new owner -operated bioleaching facility in Ponce Enriquez,
Ecuador, in a region where arsenic is well-known to exist in the gold ore. The Company’s plan is
to build a 50 tpd bioleach plant capable of treating high gold/arsenic mate rial. A 50 tpd plant,
processing 1.5 ounces of gold per tonne of feed, similar to feeds available to the Company, would
produce approximately 26,000 ounces per year. Plant designs are modular and can be expanded
without affecting ongoing production.
BacTech continues to investigate the prospects of establishing additional modern mining
operations across other areas 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 assist with the funding of these projects.
About BacTech Environmental Corporation
BacTech is a proven environmental technology company, delivering effective and eco-friendly
biomining and remediation solutions to commercial operations to smartly process and recover
preferred metals (gold, silver, cobalt, and copper) and safely remove and transform harmful
contaminants like arsenic into benign EPA-approved products for landfill. Tapping into
numerous environmental and economic advantages of its proprietary method of bioleaching,
BacTech uses naturally occurring bacteria, harmless to both humans and the environment, to
neutralize toxic mining sites with high-pay potential. BacTech is publicly traded on the CSE
under the symbol “BAC” and on the OTC as “BCCEF”.
For further information contact:
Ross Orr
President & CEO, BacTech Environmental Corporation
416-813-0303 ext. 222,
Email: [email protected]
Website: https://bactechgreen.com/
Investor Presentation: https://bactechgreen.com/investors/
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Special Note Regarding Forward-Looking Statements
This news release contains “forward-looking information”, which may include, but is not limited to, statements
with respect to future tailings sites, sampling or other investigations of tailing sites, the Company’s ability to make
use of infrastructure around tailings sites or operating performance of the Company and its projects. Often, but
not always, forward-looking statements can be identified using words such as “plans”, “expects”, “is expected”,
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negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”,
“would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements
of the Company to be materially different from any future results, performance or achievements expressed or
implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date
of this news release and the Company disclaims, other than as required by law, any obligation to update any
forward-looking statements whether because of new information, results, futu re 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. Accordingly, the reader is cautioned not to place undue reliance on forward-
looking statements.
Shares outstanding: 141,342,204
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