tiprankstipranks
BacTech Boosts Assets with Silver Sales Deal
Company Announcements

BacTech Boosts Assets with Silver Sales Deal

BacTech Environmental (TSE:BAC) has released an update.

Don't Miss Our Christmas Offers:

BacTech Environmental Corporation has signed a preliminary agreement with Silver Crown Royalties to sell a significant portion of its future silver production, derived from its bioleach gold operations in Ecuador. The deal promises to bolster BacTech’s balance sheet with an additional $4 million in assets as the company forges ahead with plans to increase gold and silver output. The agreement, pending final review and formalization, is set to contribute a small yet strategic fraction of BacTech’s total revenue over a ten-year period.

For further insights into TSE:BAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBacTech Environmental Secures Lucrative Royalty Deal
TipRanks Canadian Auto-Generated NewsdeskBacTech Environmental Secures Silver Agreement
TipRanks Canadian Auto-Generated NewsdeskBacTech Environmental Advances Zero-Waste Mining Tech
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App