BacTech Environmental Corp. Announces Appointment of Brett Whalen to Board of Directors
Thenewswire·2025-12-01 12:00

Core Viewpoint - BacTech Environmental Corporation has appointed Brett Whalen to its Board of Directors, succeeding his late father, Don Whalen, who was a significant supporter of the company [1][4]. Group 1: Leadership Changes - Brett Whalen has been an active supporter, funder, and advisor to BacTech for several years and has recently become the company's largest shareholder after converting $1.82 million in debt into common shares and warrants [2][10]. - As part of the debt conversion, BacTech issued 19.5 million common shares and 19.5 million common share purchase warrants [2][10]. - Brett Whalen now controls 26,640,720 common shares, representing approximately 11.18% of the company's issued and outstanding shares [3][11]. Group 2: Company Operations and Technology - BacTech Environmental utilizes naturally occurring bacteria to safely treat and stabilize toxic mining materials while recovering valuable metals [6][14]. - The company's patented bio-oxidation technology, BacOx, offers a cleaner and more sustainable alternative to traditional smelting and roasting, eliminating arsenic emissions [6][14]. - BacTech is advancing its flagship bioleach processing facility in Tenguel, Ecuador, designed for 100% arsenic stabilization and zero liquid discharge, with a production capacity of up to 35,000 ounces of gold per year in Phase 1, and plans for modular expansion to over 100,000 ounces per year [7][15]. - The company is also developing a patent-pending Zero-Waste/Tailings Reclamation technology aimed at converting sulfide tailings into saleable iron, critical metals, and ammonium-sulfate fertilizer for global markets [7][15].

BacTech Environmental Corp. Announces Appointment of Brett Whalen to Board of Directors - Reportify