BacTech Environmental (TSE:BAC) has released an update.
BacTech Environmental Corporation has secured CBOE approval for a royalty sale to Silver Crown Royalties Inc., providing a significant boost to BacTech’s financial outlook. The deal strengthens BacTech’s balance sheet with potential CAD$4 million in shares and offers upfront capital for its bioleaching facility in Ecuador, while maintaining focus on core operations. This 10-year agreement ensures long-term collaboration, aligning financial support with project milestones.
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