BAC.CN · 2021-09-16 12:00:00

BacTech Announces AGM Results

Shareholder Meetings

TORONTO, ON., September 16, 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 the results of the

Company’s Annual General and Special Meeting of Shareholders held online earlier today.

All resolutions passed with significant majorities. Shareholders voted in favour of;

 the election of all director nominees: Timothy Lewin (Chair), Ross Orr, Donald Whalen, Jay

Richardson, Jay Naster and Walter Cimowsky.

 fixing the number of directors at six for the coming year;

 the re-appointment of Auditors;

 the ratification of the stock plan; and

 the ratification and waiver of past Annual and General Meetings.

Finally, the Company announced that it has granted stock options to certain directors, insiders, and

consultants in the amount of 1.2M options. The options are for five years and are exercisable at $0.15 and

will expire on September 16, 2026. The options are fully vested.

About the Ponce Enriquez Bioleaching Project

BacTech is 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 material. 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/

Facebook http://www.facebook.com/BacTechGreen

Twitter http://twitter.com/BacTechGreen

LinkedIn http://www.linkedin.com/company/1613873

Vimeo http://vimeo.com/bactechgreen

YouTube http://www.youtube.com/user/bactechgreen

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”, “budget”,

“scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or believes” or variations (including 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, 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. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Shares outstanding: 141,340,204

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the

accuracy of the contents of this release.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the shares, nor is it a

solicitation of interest from a prospective investor.

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