# BacTech raises $320K for Ponce Enriquez bioleaching project

BacTech Environmental raised $320,000 in a private placement to advance its Ponce Enriquez bioleaching project in Ecuador, and has optioned a land parcel for the proposed plant.

- Type: Investment
- Announced: 2021-09-23
- Where: Ponce Enriquez, Ecuador
- Value: $253K (320K CAD)
- Status: announced
- Capacity: 50 tonnes per day
- Products: bioleaching plant
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [BacTech Environmental Corporation](https://endata.com/companies/52615.md)

## Sources

- [tnw-a.thenewswire.com](https://tnw-a.thenewswire.com/press-releases/1BjjFgwvo-bactech-raises-320-000-in-private-placement-proposed-ponce-enriquez-bioleaching-site-now-selected.html), 2021-09-23: "We’ve now optioned a parcel of land in the Ponce Enriquez vicinity to host our proposed plant"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.