Mr. Ross Orr reports

BACTECH CLOSES FINAL TRANCHE OF UNIT FINANCING

Bactech Environmental Corp. has closed the third tranche of the previously announced financing.

The company closed the last tranche of the private placement issuing 12.2 million units for gross proceeds of $610,000. In connection with this private placement, the company paid finders' fees of an aggregate of $8,000 in cash and 160,000 broker warrants. Insiders of the company purchased 100,000 units for gross proceeds of $5,000.

The total money raised from all three closings equals $1,266,700. The total shares issued under all three tranches equal 25,334,000 common shares and an equal amount of common share purchase warrants. The company paid $12,800 in finders' fees and issued 256,000 finders' warrants. Insiders of the company purchased 1,484,000 units for gross proceeds of $74,200.

Each unit of the financing consists of one common share of Bactech and one two-year warrant exercisable at 10 cents. The warrant includes an acceleration clause. In the event the common shares trade at or above 20 cents for 10 consecutive trading days, as indicated on the Canadian Securities Exchange, the company shall have given notice by way of a press release that the warrant expiry date will expire 20 trading days thereafter. The announcement of the financing was contained in press releases dated Feb. 28 and May 23, 2025.

About Bactech Environmental Corp.

Bactech is a company that specializes in environmental technology. It uses a process called bioleaching to recover metals like gold, silver, cobalt, nickel and copper, while also safely removing harmful contaminants like arsenic. This process is ecofriendly and uses naturally occurring bacteria that are safe for both humans and the environment. By using its proprietary method of bioleaching, it can neutralize toxic concentrates and tailings while also creating profitable opportunities. The company is publicly traded on several stock exchanges, including the CSE, OTCQB and Frankfurt Stock Exchange.

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