September 2026 Update on BacTech Environmental Corp.

Crystal Research Associates has issued an 11-page Company Update on BacTech Environmental Corporation
(CSE: BAC | OTCQB: BCCEF | FSE: 0BT1) following the release of their recent news and financial results.

Snapshot

BacTech Environmental Corporation (“BacTech” or “the Company”) is a Canadian cleantech company focused on applying bioleaching technology to difficult mineral concentrates, historic tailings, and other mining-related waste streams. Management describes the process as “our bugs eat rocks,” reflecting the use of naturally occurring bacteria to oxidize sulphide minerals, liberate valuable metals, and facilitate the stabilization of contaminants such as arsenic through an atmospheric, water-based process. BacTech holds an exclusive, royalty-free license to use BACOX® bioleaching technology in mining-waste remediation applications. The technology has previously been deployed commercially at gold-processing plants in Western Australia, Tasmania, and China. BacTech is advancing a planned owner-operated bioleach facility in the Tenguel-Ponce Enríquez region of Ecuador to process refractory, arsenic-bearing gold concentrates, while pursuing early-stage historic tailings opportunities in Kazakhstan and Peru. In parallel, the Company is developing its patent-pending Zero Tailings™ technology, which combines bioleaching with downstream processing to recover metals and convert acidic, iron-bearing waste streams into potentially saleable products, including magnetite, ammonium sulphate fertilizer, recovered base metals, and silica-based material. BacTech intends to commercialize its technologies through Company-developed facilities, partner-funded programs, and potential licensing arrangements.

Key Points of  BacTech Environmental Corporation  

• • BacTech is developing bioleaching and mine-waste treatment technologies designed to recover valuable metals from difficult-to-treat concentrates and historic tailings while reducing environmental liabilities. Its principal development project is a planned owner-operated BACOX® bioleach facility in Ecuador, with its patent-pending Zero Tailings™ platform intended to convert acidic, iron-bearing waste streams into potentially saleable metals, magnetite, ammonium sulphate fertilizer, and silica-based material.
    
    
  • BacTech recently strengthened its Zero Tailings™ intellectual property position through national patent filings in Canada and the U.S. and a subsequent provisional patent update incorporating reverse osmosis pre-concentration and mechanical vapor recompression evaporation. The enhancement is intended to improve the economics of producing specification-grade ammonium sulphate fertilizer from dilute mining-derived streams and broaden the technology’s potential applications across hydrometallurgical operations.
    
    
  • BacTech is advancing its planned Tenguel facility while expanding its international project pipeline. In September 2026, the Company (1) signed an agreement for a Di-As-funded, three-stage evaluation of BACOX® treatment of historic sulphide tailings in Kazakhstan and (2) launched a Peruvian initiative through BacTech Verde Peru S.A.C. to identify potential tailings-reprocessing opportunities. Both initiatives remain at an early stage, and no commercial development decisions have been made.
    
    
  • BacTech is led by an experienced management and technical team. For the six months ended June 30, 2026, the Company reported net income of C$504,596, driven by gains on Silver Crown securities, and ended the period with C$25,057 in cash and C$924,000 in marketable securities. Management continues to pursue financing and strategic partnerships to advance BacTech’s technology portfolio and international project pipeline.

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