BacTech Appoints New Director
2013年2月19日 - 9:48PM
Marketwired Canada
BacTech Environmental Corporation ("BacTech" or the "Company")
(CNSX:BAC)(OTC:BCCEF)(WKN:A1H4TY) is pleased to announce the appointment of
Elena Gerasimovskaya to the Board of Directors of BacTech.
Ms Gerasimovskaya graduated from Moscow State University with a specialization
in bio-physics and studied at the Moscow-based campus of the Wharton Business
School before attending the Moscow Higher School of Economics where she gained
her MBA.
Ms Gerasimovskaya has worked for major international companies in the area of
marketing, project management and research and development. Since 2010, she has
worked for Maxwell Asset Management as a Director of the division specializing
in bio-energy, cleantech/greentech, and is a member of the investment committee
for this area of investment. She is a director of the London-based investment
company, Option Three Advisory Services Limited ("Option Three").
Option Three participated in the Company's last private placement and purchased
19.83% of BacTech in October 2012. As part of its subscription, Option Three and
the Company entered into an Exclusivity Agreement pursuant to which, among other
things, Option Three is entitled, subject to applicable law, to nominate a
member to the Board of Directors of BacTech for so long as it directly or
indirectly holds at least 10% of the issued and outstanding common shares of
BacTech.
The Company also announces that its Environmental Act Proposal has been posted
for public comment by the Environmental Approvals Branch of the Manitoba
Department of Conservation and Water Stewardship. Anyone wishing to make a
representation on the proposal should contact the Department not later than
March 15, 2013. Instructions for registering comments, along with a copy of the
Proposal, are posted at:
http://www.gov.mb.ca/conservation/eal/registries/index.html
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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Shares outstanding 48,755,027
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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