Mr. Ross Orr reports

BACTECH RECEIVES ENVIRONMENTAL IMPACT STUDY APPROVAL FROM ECUADOR'S MINISTRY OF ENVIRONMENT, WATER, AND ECOLOGICAL TRANSITION

Further to its Aug. 15, 2022 update, Bactech Environmental Corp. has received official ESIA (environmental and social impact assessment) approval from the Ministry of Environment, Water and Ecological Transition. This key approval marks a significant milestone with the process taking approximately seven months.

Bactech will now pursue the final community consultation phase, pending further government direction, in order to secure its environmental licence and associated permit approvals for the construction of the Tenguel bioleaching plant. Bactech remains in close contact with the Ministry of Environment, Water and Ecological Transition, as well as the Ministry of Energy and Mines, which are together preparing the community consultation guidelines. The company will continue to work closely with the regulatory authorities, local communities and all other stakeholders to ensure a collaborative agreement.

"Bactech has taken another important step forward with this approval and the company is very well prepared to enter this final stretch of the social consultation process," said Ross Orr, president and chief executive officer of Bactech Environmental. "Across the board, our community relationships are both genuine and strong as we've been seeking and applying stakeholder input into project planning since the very beginning."

About Bactech Environmental Corp.

Bactech is a proven environmental technology company, delivering effective and eco-friendly bioleaching and remediation solutions to commercial operations to process and recover preferred metals (gold, silver, cobalt, nickel and copper) smartly and safely remove and transform harmful contaminants like arsenic into benign EPA-approved (Environmental Protection Agency) products for landfill. Tapping into numerous environmental and economic advantages of its proprietary method of bioleaching, Bactech uses naturally occurring bacteria, harmless to both humans and the environment, to neutralize toxic mining sites with high-pay potential.

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