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BacTech Environmental ( (TSE:BAC) ) just unveiled an update.
BacTech Environmental Corporation announced the second closing of its unit financing, raising $656,700 towards a $1 million goal. The company issued 6,500,000 common shares and warrants, with insiders purchasing 1,384,000 units. This financing supports BacTech’s operations and strengthens its market position in the eco-friendly metal recovery industry, potentially benefiting stakeholders through increased financial stability and growth opportunities.
More about BacTech Environmental
BacTech Environmental Corporation is a company specializing in environmental technology, utilizing a bioleaching process to recover metals such as gold, silver, cobalt, nickel, and copper while safely removing contaminants like arsenic. This eco-friendly method leverages naturally occurring bacteria and is designed to neutralize toxic concentrates and tailings, creating profitable opportunities. BacTech is publicly traded on the CSE, OTCQB, and Frankfurt Stock Exchange.
YTD Price Performance: 28.57%
Average Trading Volume: 84,426
Technical Sentiment Signal: Buy
Current Market Cap: C$8.69M
See more insights into BAC stock on TipRanks’ Stock Analysis page.