BacTech Strengthens Balance Sheet Through Convertible Debenture Restructuring, Reducing Outstanding Debt

(via TheNewswire) Toronto, Canada – TheNewswire - November 4, 2025  – BacTech Environmental Corporation  (“BacTech” or the “Company”) (CSE:  BAC , OTCQB:  BCCEF , FSE:  0BT1 ) today announced that it has taken another significant step toward strengthening its balance sheet through the restructuring of an existing convertible debenture. This initiative supports the Company’s broader objective of positioning itself for the capital raise required to launch its  Ecuador bioleach facility  and advance its  Zero-Tailings initiatives . In  March 2025 , BacTech reached an agreement to potentially eliminate approximately  US$1.8 million  in convertible debt through a two-tiered conversion structure. Following productive discussions between BacTech and the debenture holder, both parties have agreed to a simplified arrangement that achieves the same objectives while reducing dilution and forgiving a substantial portion of the debt. Revised Terms of the Agreement The debenture holder will convert  US$950,000  of principal into  19,000,000 common shares  of BacTech.   The debenture holder will receive  19,000,000 three-year common share purchase warrants , exercisable at  US$0.15 per share   The remaining  US$850,000  of debt will be  forgiven  in exchange for a  1% royalty  on the Company’s projects.   “This restructuring reflects the continued confidence of a long-standing investor in BacTech’s technology and near-term growth prospects,” said  Ross Orr, President & CEO  of BacTech Environmental Corporation. “By eliminating debt and simplifying our capital structure, we are reinforcing the Company’s financial foundation and advancing the Ecuador bioleach facility as efficiently as possible.” BacTech believes this transaction highlights ongoing stakeholder support for its  environmentally responsible bioleaching technology  and its mission to deliver  profitable, sustainable solutions  for processing  high-arsenic and complex mineral concentrates . About BacTech Environmental Corporation BacTech Environmental Corporation is a publicly traded, environmental technology company focused on commercializing proprietary bio-oxidation (“bioleaching”) processes for the safe, sustainable treatment of toxic, arsenic-bearing concentrates and mine tailings. The Company’s flagship  Tenguel–Ponce Enriquez  bioleach plant in Ecuador is designed to process high-arsenic gold concentrates while generating strong economic returns and measurable social and environmental benefits. BacTech is also advancing its  Zero-Tailings  initiative in  Sudbury, Canada , aimed at recovering critical minerals and creating valuable by-products from pyrrhotite tailings. CSE:  BAC | OTCQB:  BCCEF | FSE:  0BT1 Visit us at  www.bactechgreen.com   For further information, please contact: Ross Orr President & CEO BacTech Environmental Corporation Email:  [email protected] Phone: +1 (416) 813-0303 ext. 141 Follow us on: Facebook  http://www.facebook.com/BacTechGreen Twitter  http://twitter.com/BacTechGreen LinkedIn  http://www.linkedin.com/company/1613873 Vimeo  http://vimeo.com/bactechgreen YouTube  https://www.youtube.com/channel/UCBgXr3ej2_BMOtoeFoKIgEg   Forward-Looking Statements This press release contains statements concerning future events and expectations. Actual results may differ materially due to various factors, including market conditions, regulatory developments, and economic trends. The company undertakes no obligation to revise forward-looking statements except as required by law.       Copyright (c) 2025 TheNewswire - All rights reserved.