BacTech Environmental Corporation announced that the Company has received official ESIA (Environmental and Social Impact Assessment) approval from the Ministry of Environment, Water, and Ecological Transition. This key approval marks a significant milestone with the process taking approximately seven months. BacTech will now pursue the final community consultation phase, pending further government direction, in order to secure its Environmental License and associated permit approvals for the construction of the Tenguel bioleaching plant.

BacTech remains in close contact with the Ministry of Environment, Water and Ecological Transition as well as the Ministry of Energy and Mines, who are together preparing the community consultation guidelines. The company will continue to work closely with the regulatory authorities, local communities and all other stakeholders to ensure a collaborative agreement.