BacTech Closes final Tranche of Unit financing
BACTECH CLOSES FINAL TRANCHE OF UNIT FINANCING
Toronto June 2, 2025
BacTech Environmental Corporation (CSE: BAC, OTC: BCCEF, FSE: 0BT1) (“BacTech” or
the “Company”), a commercially proven environmental technology company delivering eco-
friendly bioleaching and remediation solutions for precious metal and critical mineral recovery, is
pleased to announce the closing of the third tranche of the previously announced financing.
The Company closed the last tranche of the private placement issuing 12,200,000 units for gross
proceeds of $610,000. In connection with this private placement the Company paid finders’ fees
of an aggregate of $8,000 in cash and 160,000 broker warrants. Insiders of the Company purchased
100,000 units for gross proceeds of $5,000.
The total money raised from all three closings equals $1,266,700. The total shares issued under all
three tranches equals 25,334,000 common shares and an equal amount of common share purchase
warrants. The Company paid $12,800 in finder’s fees and issued 256,000 finder’s warrants.
Insiders of the Company purchased 1,484,000 units for gross proceeds of $74,200.
Each unit of the financing consists of one common share of BacTech and one, two-year warrant
exercisable at $0.10. The warrant includes an acceleration clause. In the event the common
shares trade at or above $0.20 for 10 consecutive trading days, as indicated on the CSE
Exchange, the Company shall have given notice by way of a press release that the Warrants’
expiry date will expire 20 trading days thereafter. The announcement of the financing was
contained in a press release dated February 28 and May 23, 2025.
About BacTech Environmental Corporation
BacTech Environmental Corporation is a company that specializes in environmental technology.
We use a process called bioleaching to recover metals like gold, silver, cobalt, nickel, and copper,
while also safely removing harmful contaminants like arsenic. This process is eco -friendly and
uses naturally occurring bacteria that are safe for both humans and the environment. By using our
proprietary method of bioleaching, we can neutralize toxic concentrates and tailings while also
creating profitable opportuni ties. The company is publicly traded on several stock exchanges,
including the CSE, OTCQB, and Frankfurt Stock Exchange.
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/
Follow us on:
Facebook http://www.facebook.com/BacTechGreen
Twitter http://twitter.com/BacTechGreen
LinkedIn http://www.linkedin.com/company/1613873
Vimeo http://vimeo.com/bactechgreen
YouTube https://www.youtube.com/channel/UCBgXr3ej2_BMOtoeFoKIgEg
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”, “intend s”, “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 for ward-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 infor mation, 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.
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.