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Locksley Enters into Sponsored Research Agreement with Columbia University to Develop Advanced Sustainable Processing Technologies for Rare Earth Elements (REE) and Critical Metal Recovery
Prnewswire· 2025-11-17 13:35
Accessibility StatementSkip Navigation SAN BERNARDINO, Calif., Nov. 17, 2025 /PRNewswire/ -- Locksley Resources, Ltd. (ASX: LKY;Â OTCQX: LKYRF) announced the company has formalized a research collaboration with Columbia University, one of the United States' premier institutions in sustainable mineral processing, to advance next- generation recovery and separation of REEs and other energy and technology critical metals from geologic resources in the Mountain Pass region, California. The research program will ...
BacTech Strengthens Balance Sheet Through Convertible Debenture Restructuring, Reducing Outstanding Debt
Thenewswire· 2025-11-04 15:45
Core Insights - BacTech Environmental Corporation is restructuring an existing convertible debenture to strengthen its balance sheet and support its capital raise for the Ecuador bioleach facility and Zero-Tailings initiatives [1][2] Financial Restructuring - In March 2025, BacTech reached an agreement to potentially eliminate approximately US$1.8 million in convertible debt through a two-tiered conversion structure, simplifying the arrangement to reduce dilution and forgive a substantial portion of the debt [2] - The debenture holder will convert US$950,000 of principal into 19,000,000 common shares and receive 19,000,000 three-year common share purchase warrants, exercisable at US$0.15 per share [5] - The remaining US$850,000 of debt will be forgiven in exchange for a 1% royalty on the Company's projects [5] Company Overview - BacTech Environmental Corporation focuses on commercializing proprietary bio-oxidation (bioleaching) processes for the sustainable treatment of toxic, arsenic-bearing concentrates and mine tailings [3] - The flagship Tenguel–Ponce Enriquez bioleach plant in Ecuador is designed to process high-arsenic gold concentrates while generating strong economic returns and measurable social and environmental benefits [3] - The Company is advancing its Zero-Tailings initiative in Sudbury, Canada, aimed at recovering critical minerals and creating valuable by-products from pyrrhotite tailings [3]