Growthink Named Strategic Advisor to BacTech Mining Corporation
May 16, 2009
Growthink announced that the firm has been named strategic advisor of record to BacTech Mining Corporation, a publicly-traded Canadian company specializing in the clean up and reclamation of metal mine tailings.
Headquartered in Toronto, BacTech is an environmental services firm that owns a proprietary, patented bacterial oxidation process that enables responsible mining via environmentally-friendly technology. Called "bioleaching," BacTech's groundbreaking and time-tested process employs naturally-occurring bacteria that oxidize hazardous materials at mine sites while extracting the residual metals therein. Growthink was engaged by BacTech to communicate the benefit of this pioneering technology to the U.S. clean tech investment community with the goal of securing domestic funding or strategic partnerships via comprehensive campaigns in Web marketing, public relations, financial advisory, and investment banking. "Growthink possesses the expertise, relationships and investment capabilities in the clean tech space that we feel will position BacTech for a successful equity capital raise," said Ross Orr, President and CEO of BacTech. "We look forward to continuing to build our relationship with the talented Growthink team as our firm becomes poised for future growth." "We're extremely excited to be working with BacTech, and to introduce them to prospective domestic investors," said Jay Turo, CEO and Managing Partner of Growthink. "The renewed focus on bioleaching will set the stage for clean tech and environmental fund interest, and will position BacTech as the leading provider of bacterial oxidation to the mining industry." About Growthink: Growthink, named by Inc. Magazine as one of the nation's Top 100 Business Services Companies, is the leading Strategic and Transactional Advisory Firm to Emerging and Middle Market Enterprises. Growthink provides Research, Strategic, Transactional and Investment Capital Services to its clients, enabling companies to identify and leverage opportunities for growth and market leadership. Since 1999, Growthink has completed more than 2,000 business plans, market research, and investment banking engagements for a diverse and dynamic client portfolio which encompasses Emerging, Established and Fortune 500 Companies, Venture Capital and Private Equity Funds. About BacTech: BacTech owns patented bacterial oxidation technology for the treatment of refractory ores and concentrates to enhance the recovery of gold, silver and base metals. The Company's focus is the acquisition of equity positions in projects amenable to bioleaching. In June 2008, the Company signed an agreement to acquire Yamana Gold Inc.'s 33% interest in two refractory gold deposits in Papua New Guinea. In September 2008, BacTech signed an MOU to investigate the use of bioleaching to reprocess arsenic-laden tailings in Cobalt, Ontario. This is the Company's first foray into the clean tech industry. BacTech is continuing to evaluate additional remediation projects. Learn more about BacTech and bioleaching at www.bactech.com. |


