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TORONTO, CANADA--(Marketwire - Jan. 18, 2012) - BacTech Environmental Corporation ("BacTech" or the "Company") (CNSX:BAC)(WKN:A1H4TY) announced the closing of the first tranche of the private placement originally announced on December 12, 2011, The Company issued 705,000 units priced at $0.20 per unit, for total gross proceeds of CAD$ 141,000. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at a price of $0.30 until January 18, 2013. |
