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BacTech Unveils IP for Green Technology for Steel Production from Sulphide Minerals

Corporate Updates

BacTech Environmental Unveils Intellectual Property for ‘Zero-

Waste’ Metals Recovery & Fertilizer Production

Files Patent Application for Industry’s First-ever, Zero-Waste Bioleach Process Using Green

Technology for Metals Recovery and Fertilizer and Steel Production from Sulphide Minerals

Key Highlights:

• Company files expanded Provisional Patent Application for zero-waste bioleach process

Intellectual Property (IP).

• Engineered for eco-friendly nickel, copper, and cobalt recovery from pyrrhotite and pyrite

tailings, new zero-waste IP introduces novel methods for transforming remaining waste

compounds into valuable, alternative green commodities.

• Zero-waste IP now optimized to convert soluble iron into iron metal (produced on-site or

as a feedstock to green steel making ) and to create ammonium sulphate fertilizer from

bioleach acid (sold as organic fertilizer).

• Independent estimates suggest approximately 80 to 100 million tonnes of pyrrhotite

tailings in the Sudbury , Ontario region alone (pyrrhotite and pyrite waste is common to

many mining operations).

• Testing and C ollaboration with MIRARCO (Mining Innovation, Rehabilitation, and

Applied Research Corporation) continues for pilot -scale biol each circuit testing in

Sudbury.

TORONTO, ON – April 8, 2024 – BacTech Environmental Corporation (“BacTech” or the

“Company”) ( CSE: BAC, OTC: BCCEF, FSE: 0BT1 ), a well -established environmental

technology company specializing in environmentally friendly bioleaching and remediation

solutions for the recovery of precious metals and critical minerals, today announces it has filed an

expanded provisional patent application introducing new Intellectual Property (IP) and methods

capitalizing on the inherent mechanisms of bioleaching. This process, aside from effectively

extracting valuable metals like nickel, copper , and cobalt from pyrrhotite or pyrite tailings , uses

eco-friendly technology and sustainable power sources to eliminate all waste during tailings

reprocessing operations, delivering a first-ever zero-waste, low-carbon liberation, and extraction

approach for valuable metals recovery.

“BacTech's IP development path specifically aligns with broader trends across mining and steel

industry operations, consistent with continued public and policymaker calls to shift processes and

reduce carbon emissions ,” said Ross Orr, President, and CEO of BacTech. “Furthermore, it is

appropriate to the commercial interests of non -ferrous metal production, steel making and

fertilizer production which are all traditionally siloed as separate industries. We believe our zero-

waste metals recovery IP will emerge as a defining solution. By diversifying the range of products

derived from these projects, BacTech aims to reduce dependence on long-term metal prices as the

primary drivers for investment in remediation efforts while treating pyrrhotite and pyrite waste

streams from current operations. BacTech plans to capitalize on fostering both sustainability and

profitability in the industry by creating land value previously occupied by a legacy of mining

industry waste.”

Making Steel, Fertilizer and Recovering Metals Using Green Technology

Pyrrhotite is an iron sulphide mineral containing low levels of nickel, cobalt, and copper —

typically dismissed and discarded as an uneconomical waste by-product by mining operations that

continues to perpetuate an environmental tailings legacy in need of remediation.

The Company’s updated Intellectual Property (IP) retains its original bioleaching approach to

recovering metal values and producing multiple commodities from low grade mine wastes , but

now introduces novel innovation to selectively convert soluble iron into iron metal for green steel

making and produce ammonium sulphate fertilizer from the sulphur which is conve rted to acid

during bioleaching.

While the patent application update offers two iron product options, BacTech will first explore

direct electrowinning of iron from the bioleach solution for on -site iron metal production,

potentially bypassing the need for manufacturing an iron feedstock for conventional iron/steel

production and likely proving to be more environmentally sustainable and cost-effective. Further,

following the sequential precipitation of copper, nickel, and cobalt from the solution , the soluble

ammonium sulphate, produced during the process, will be crystallized and packaged for sale at a

premium as an organic fertilizer. Any residual water will be returned to the process, effectively

leaving zero-waste.

Applicable to the treatment of existing pyrrhotite or pyrite tailings or streams from current

operations, the primary products delivered through the new zero-waste, low -carbon bioleach

processes specifically include:

• Mixed nickel/cobalt precipitate.

• Copper precipitate.

• On-site iron metal production via electrowinning or iron pellets for off -site conventional

iron manufacturing or green steel making.

• Ammonium sulphate fertilizer.

• Additional minor by -products such as magnetite powder and geopolymers silica for

construction material or mine backfill.

The technology can also be adapted to recover precious metals and platinum group elements

present in low grade pyrite feedstocks.

Close Collaboration with MIRARCO

BacTech continues its close collaboration with MIRARCO (Mining Innovation, Rehabilitation,

and Applied Research Corporation), an organization renowned for providing innovative solutions

to challenges in the mining industry since its establishment in 1998. MIRARCO have set up a

pilot-scale bioleach circuit in Sudbury to conduct test work on BacTech’s tec hnology, aimed at

breaking down pyrrhotite sul phide minerals into individual elements. Independent estimates

suggest that there are approximately 80 to 100 million tonnes of pyrrhotite tailings in the Sudbury

basin, containing 60% iron, 30-35% sulphur, 0.85% nickel, 0.03% cobalt, and copper, accumulated

over a century of mining activity.

Drawing on past experience (Radio Hill, Australia) with bioleaching pyrrhotite material for nickel

recovery, BacTech is confident in replicating previous results while the new IP enhances project

value by enabling the production of multiple products previously unattainable through

conventional bioleach processing. Zero or minimal waste from remediation operations also

converts previously unusable land into valued assets.

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 aro und 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 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.

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.