BacTech Obtains OTC Pink Sheet Listing in U.S.
TORONTO, CANADA -- (Marketwire) -- 11/12/12 -- BacTech Environmental
Corporation ("BacTech" or the "Company")
(CNSX:BAC)(OTC:BCCEF)(WKN:A1H4TY) today announced that the Company's
shares have been approved for trading in the United States.
The Company received notice from its sponsoring broker, Pennaluna and
Company ("Pennaluna"), that its shares will be quoted on the OTC Pink
Sheets in the U.S. as of November 8. Pennaluna will be the market
maker for the common shares of BacTech, which will trade under the
"This listing should lead to greater retail interest in our story in
the United States through easier access to quotations in U.S.
dollars. There is a large cleantech industry in the U.S., so our
listing there will help our visibility", said Ross Orr, President and
CEO of BacTech.
Pennaluna & Company of Coeur d'Alene, Idaho, an 86-year-old FINRA
broker-dealer (www.pennaluna.com), submitted the required filings in
October. John Worrell is the trader/broker who co-ordinated this and
may be contacted at 800-535-5329 for account information.
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
December 2011, BacTech signed a contract with the Mines Branch of the
Manitoba Department of Innovation, Energy and Mines to remediate an
arsenopyrite residue stockpile ("ARS") situated at the Snow Lake Mine
in Snow Lake, Manitoba, to eliminate further leaching of Arsenic
generated within the ARS into the surrounding watershed. The Company
continues to field enquiries globally with respect to additional
opportunities for remediation.
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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 the future
capital investments, transactions projects or operations 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 48,755,027
The Canadian National Stock Exchange (CNSX) has not reviewed and does
not accept responsibility for the adequacy or the accuracy of the
contents of this release.
BacTech Environmental Corporation
President & CEO
416-813-0303 ext 222
BacTech Environmental Corporation
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