BacTech Listing on the Frankfurt Stock Exchange
BacTech Announces Listing on the Frankfurt Stock Exchange
TORONTO, ON., October 21, 2021 – BacTech Environmental Corporation (OTC:BCCEF,
CSE:BAC, FSE:0BT1) (“BacTech or the Company”), a commercially proven environmental
technology company delivering effective biomining metal recovery and eco -friendly remediation
solutions, announced today it has commenced trading on the Frankfurt Stock Exchange (the
“FSE”) under the trading symbol 0BT1. The common shares are now cross-listed on the Canadian
Securities Exchange (CSE), the OTC Markets (OTC) and the Frankfurt Stock Exchange (FSE).
The FSE is not only the largest of the eight stock exchanges in Germany, but is also considered
one of the world’s largest trading centers for securities. The Company anticipates the FSE listing
will provide increased liquidity and significantly broaden BacTech’s investor base throughout
Europe and internationally.
“BacTech is a company with international interests, and it makes sense to increase our European
investor visibility prior to receiving any potential good news catalysts about our Ponce Enriquez
project feasibility study,” said Ross Orr, President and CEO of BacTech. “Anytime we can make
it easier for investors to participate in our growth, we know that shareholders benefit.”
About the Ponce Enriquez Bioleaching Project
BacTech is planning 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 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
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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”, “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: 144,654,704
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.