BacTech Announces Proposed Financing

- July 15th, 2010

BacTech Mining Corporation (TSX VENTURE:BM) announced that it proposes to raise up to $2.0 million by way of a private placement of up to 26,666,667 units priced at $0.075 per unit.

BacTech Mining Corporation (TSX VENTURE:BM) announced that it proposes to raise up to $2.0 million by way of a private placement of up to 26,666,667 units priced at $0.075 per unit.

The press release is quoted as saying:

Each unit consists of one common share of BacTech and one common share purchase warrant.

Click here to access the entire press release

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