BacTech Environmental Corporation (CSE:BAC)(OTCQB:BCCEF) is pleased to announce the appointment of Brett Whalen to its Board of Directors, succeeding his father, Mr. Don Whalen, who recently passed away.
Brett Whalen has been an active supporter, funder, and advisor to BacTech for several years. He recently became the Company’s largest shareholder following the conversion of $1.82 million in debt obligations into common shares and warrants. As part of the conversion, BacTech issued 19.5 million common shares and 19.5 million common share purchase warrants to settle the outstanding debt.
In addition, Mr. Whalen holds a 2% royalty interest over all future BacTech projects. Including his prior holdings, Brett now controls 26,640,720 common shares, representing approximately 11.18% of the Company’s issued and outstanding shares.
“We are very pleased to welcome Brett to the Board,” said Ross Orr, President and CEO of BacTechEnvironmental. “His father, Don, was one of BacTech’s most passionate champions, and it’s clear that same commitment lives on through Brett. The Whalen family has played an important role insupporting our mission, and we are proud to continue that legacy at the Board level.”
About BacTech Environmental Corporation
BacTech Environmental uses naturally occurring bacteria to safely treat and stabilize toxic mining materials while recovering valuable metals. The Company’s patented and proprietary bio-oxidation technology, BacOx, offers a cleaner, more sustainable alternative to traditional smelting and roasting, eliminating arsenic emissions and enabling full in-country value creation.
BacTech is advancing its flagship bioleach processing facility in Tenguel, Ecuador, which is engineered for 100% arsenic stabilization, zero liquid discharge, and up to 35,000 oz/year of gold production in Phase 1, with planned modular expansion to 100,000+ oz/year. The Company is also developing its patent-pending Zero-Waste/Tailings Reclamation technology, designed to convert sulphide tailings into saleable iron, critical metals, and ammonium-sulphate fertilizer for global markets.
For more information, visit www.bactechgreen.com
For Further Information
Ross Orr
President & CEO
BacTech Environmental Corporation
Email: info@bactechgreen.com
Website: www.bactechgreen.com
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