BacTech Environmental Corporation (OTC:BCCEF) (CSE:BAC) (FSE:0BT1) 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 under the trading symbol 0BT1. The common shares are now cross-listed on the Canadian Securities Exchange, the OTC Markets and the Frankfurt Stock Exchange.
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.
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We acknowledge the [financial] support of the Government of Canada.