EnviroLeach Technologies Inc Receives Federal Funding for Research
December 20 2018 - 3:00AM
EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”),
(CSE: ETI) (OTCQB: EVLLF) (7N2: FSE). is pleased to announce that
it will receive a non-repayable contribution of up
to $95,000 from the National Research Council
of Canada Industrial Research Assistance Program (NRC
IRAP), a federally funded program that supports the research and
development of innovative Canadian technologies, products or
services.
This funding will be used in the continued
advancement of EnviroLeach’s proprietary chemistry and related
technologies.
"We are very pleased to secure funding and
advisory support from NRC IRAP," stated Duane Nelson,
EnviroLeach’s President & CEO. "The research completed under
this program should enhance EnviroLeach’s commercialization efforts
in our target sectors: Mining & E-Waste" he added.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a technology company
that is engaged in the development and commercialization of
environmentally-friendly formulas and technologies for the
treatment of materials in the mining and E-Waste sectors. Using its
proprietary non-cyanide, water-based, near neutral pH treatment
process, EnviroLeach extracts precious metals from ores,
concentrates, and E-Waste using only FDA approved additives and
ambient temperature water.
Backed by the momentum of a first-class staff of
scientists and engineers, tens of thousands individual assays,
independent validations and strategic partners, EnviroLeach’s
technology will become the standard for the provision of
eco-friendly methods for the hydrometallurgical extraction of
precious metals in both the conventional mining and E-Waste
sectors. Further information is available on the EnviroLeach web
site: https://enviroleach.com
Forward Looking Statements
This News Release contains “forward-looking
information” and “forward looking statements” within the meaning of
applicable Canadian and United States securities legislation.
Statements contained herein that are not based on historical or
current fact, including without limitation statements containing
the words “anticipates,” “believes,” “may,” “continues,”
“estimates,” “expects,” and “will” and words of similar import,
constitute “forward-looking statements” within the meaning of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking information may include, but is not limited to,
information with respect to our Research and Development
activities, the accuracy of our capital and operating cost
estimates; production and processing estimates; the results, the
adequacy of EnviroLeach’s financial resources and timing of
development of ongoing research and development projects, costs and
timing of future revenues or profits and adequacy of financial
resources. Wherever possible, words such as “plans”, “expects”,
“projects”, “assumes”, “budget”, “strategy”, “scheduled”,
“estimates”, “forecasts”, “anticipates”, “believes”, “intends”,
“targets” and similar expressions or statements that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved, or the negative forms of any
of these terms and similar expressions, have been used to identify
forward-looking statements and information. Statements concerning
future revenue or earnings estimates may also be deemed to
constitute forward-looking information. Any statements that express
or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future
events or performance are not statements of historical fact and may
be forward-looking information. Forward-looking information is
subject to a variety of known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ
from those expressed or implied by the forward-looking information.
Forward-looking information is based on the expectations and
opinions of EnviroLeach’s management on the date the statements are
made. The assumptions used in the preparation of such statements,
although considered reasonable at the time of preparation, may
prove to be imprecise. We do not assume any obligation to update
forward-looking information, whether as a result of new
information, future events or otherwise, other than as required by
applicable law. For the reasons set forth above, prospective
investors should not place undue reliance on forward-looking
information. The CSE has not approved or disapproved of the
information contained herein.
Contact Information:
Todd BeavisEnviroLeach Technologies Inc.
info@EnviroLeach.com
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