BacTech Environmental Corp; Closes First Tranche of Private Placement

BacTech will continue to announce weekly closings so as to access the capital for commitments in Bolivia. The second tranche was for $35,000 and resulted in the issuance of 875,000 common shares and 875,000 warrants. The warrants are exercisable at $0.10 for 2 years from closing.

Company Profile

BacTech Environmental Corp. holds the perpetual, exclusive, royalty-free rights to use the patented BACOX bioleaching technology for the reclamation of tailings and mining waste materials. The Company's principle focus is a high- grade silver/copper tailings project called Telamayu, located in Atocha, Bolivia, in association with COMIBOL, the state mining group. The Company signed an MOU with Duran Ventures Inc. to explore the viability of building a BACOX plant in Peru to treat high-grade gold/arsenic ores. Investigation has begun to identify similar opportunities in Ecuador. The Company continues to field enquiries globally with respect to additional opportunities for remediation, including licensing transactions for the technology.

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Shares outstanding 43,918,944

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