BacTech Environmental Corporation ("BacTech") (CSE:BAC)(OTC:BCCEF)(WKN:A1H4TY)
today announced that it has come to an agreement with holders of both the 12%
convertible debenture, that matured on April 26th, 2014 and the 10% bridge loan,
that matured on February 15th, 2014.


The total outstanding debt of $1,337,146 as of July 31, 2014 will be paid by the
issuance of 26,742,934 common shares of the Company at a price of $0.05 per
common share.


As a result of the conversion Option 3 of London, England will own or control
approximately 40% of the issued and outstanding shares of the Company as of the
date of conversion, having increased its position from 20.6%. Option 3 is
currently represented on the BacTech board of directors by Mr. Tim Lewin.


BacTech has also accepted the resignation of David Salari as the Company's Chief
Operating Officer. We wish Dave well in his future endeavours.


BacTech Profile

BacTech Environmental Corporation holds the perpetual, exclusive, royalty-free
rights to use the patented BACOX bioleaching technology for the reclamation of
tailings and mining waste materials. In November 2011, BacTech signed a contract
with the Mines Branch of the Manitoba Department of Innovation, Energy and
Mines, to remediate an arsenopyrite gold stockpile situated at the Snow Lake
Mine in Snow Lake, Manitoba. A second project is under evaluation at Atocha,
Bolivia. The Company continues to field enquiries globally with respect to
additional opportunities for remediation.




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     http://www.youtube.com/user/bactechgreen                        



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 by the use of 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 as a result 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 11,351,010

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
BacTech Environmental Corporation
Ross Orr
President & CEO
416-813-0303 ext 222
info@bactechgreen.com


BacTech Environmental Corporation
Bill Mitoulas
Investor Relations
416-479-9547
bmitoulas@bactechgreen.com
www.bactechgreen.com
Grafico Azioni BacTech Environmental (CSE:BAC)
Storico
Da Ott 2024 a Nov 2024 Clicca qui per i Grafici di BacTech Environmental
Grafico Azioni BacTech Environmental (CSE:BAC)
Storico
Da Nov 2023 a Nov 2024 Clicca qui per i Grafici di BacTech Environmental