BioteQ Environmental Technologies Inc.

BioteQ Environmental Technologies Inc.

June 17, 2010 17:00 ET

BioteQ Completes Commissioning of Minto Water Treatment Plant

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 17, 2010) - BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial waste water, has completed commissioning of the new water treatment plant at the Minto Mine site in the Yukon, owned by Minto Explorations Ltd., a subsidiary of Capstone Mining. The plant produces treated water that meets design criteria. Continuous operations will commence when the mine's water use licence amendments are approved.

This is a design-supply-operate project where BioteQ has provided an integrated package of services including process design, plant equipment and installation, commissioning services, and ongoing fee-based water treatment operations at the site for the next three operating seasons. The operating fee includes a water treatment fee based on volume of water treated, plus fees for labour. The design-supply-operate structure of the project has expedited the project execution, reduced implementation costs, and reduced project risk. As the operator of the plant, BioteQ provides a process guarantee that the plant performs to the design specifications.

For 2010, BioteQ's goal is to add two new plants to its operations portfolio. The Minto plant is the first of the two new plants; the second new plant is anticipated to be in China, subject to final review and approval of the design report, which is in progress.

BioteQ Corporate Profile

BioteQ applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 10 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction.

BioteQ's sustainable water treatment solutions have been recognized with the CIM/Syncrude Award for Excellence in Sustainable Development, the Canada Export Achievement Award, the Jantzi/Maclean's Most Socially Responsible Corporations in Canada, the Globe Award for Environmental Excellence, the PDAC Award for Environmental and Social Responsibility, the China Mining Environmental Protection Award, and the Mines & Money Sustainable Development Award. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to

On behalf of the Board of Directors

Brad Marchant


Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2009. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • BioteQ Environmental Technologies Inc.
    Tanja McQueen
    Corporate Development
    604-685-1243 or 1-800-537-3073
    604-685-7778 (FAX)