BacTech Obtains OTC Pink Sheet Listing in U.S.
November 12 2012 - 7:00AM
Marketwired Canada
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 symbol "BCCEF".
"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 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 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.
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
billm@bactechgreen.com
www.bactechgreen.com
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