BAC BacTech Environmental Corporation

BacTech Environmental Corporation ("BacTech" or the
"Company")(CNSX:BAC)(OTC:BCCEF)(WKN:A1H4TY) announces that it has closed the
first tranche of the previously announced private placement of common share
units at a price of $0.15 per Unit. Each unit consists of one common share and
one non-transferable common share purchase warrant. Each warrant entitles the
holder to purchase one common share at a price of $0.17 for a period of 360 days
from the first anniversary of the date of issue. The warrants can be exercised
prior to the first anniversary of the date of issue provided that, after giving
effect to the exercise, the holder shall not directly or indirectly own more
than 19.99% of the issued and outstanding common shares of BacTech. The common
shares and warrants are subject to a four month hold period.


Option Three Advisory Services Limited ("Option Three") has subscribed for
$1,450,000 (9,666,666) units and intends to subscribe for an additional 333,334
units as part of the next tranche of the private placement. As part of its
subscription for units, Option Three and the Corporation have also entered into
an Exclusivity Agreement whereby, subject to applicable law, Option Three will
be entitled to nominate a member of the Board of Directors of BacTech for so
long as it directly or indirectly holds at least 10% of the issued and
outstanding common shares of BacTech, and Option Three has been given
exclusivity for five years with respect to the investment in future projects in
certain Eastern European countries. As part of this agreement, Option Three has
also agreed to not, at any time and together with its affiliates, indirectly or
directly hold more than 19.99% of the issued and outstanding common shares of
BacTech without the prior approval of BacTech.


BacTech will pay finder's fees totaling $87,000 in cash to arm's length parties
who introduced Option Three for the units in this first closing.


BacTech hopes to close the second tranche of $150,000 in October.

BacTech profile

BacTech Environmental Corporation holds the perpetual, exclusive, royalty-free
rights to use the patented BACOX bioleaching technology for the reclamation of
tailings and mining waste materials. In November 2011, BacTech signed a contract
with the Mines Branch of the Manitoba Department of Innovation, Energy and
Mines, to remediate an arsenopyrite gold stockpile situated at the Snow Lake
Mine in Snow Lake, Manitoba. The Company continues to field enquiries globally
with respect to additional opportunities for remediation.


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Special Note Regarding Forward-Looking Statements

This news release contains "forward-looking information", which may include, but
is not limited to, statements with respect to the future capital investments,
transactions projects or operations of the Company and its projects. Often, but
not always, forward-looking statements can be identified by the use of words
such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or believes" or variations (including
negative variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or
be achieved. 


Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Forward-looking statements contained herein are made as of the date of this news
release and the Company disclaims, other than as required by law, any obligation
to update any forward-looking statements whether as a result of new information,
results, future events, circumstances, or if management's estimates or opinions
should change, or otherwise. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, the
reader is cautioned not to place undue reliance on forward-looking statements.


Shares outstanding 48,755,027

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