BioteQ Environmental Technologies Inc.

BioteQ Environmental Technologies Inc.

March 03, 2010 08:30 ET

BioteQ Completes Construction of Minto Water Treatment Plant on Budget and Ahead of Schedule

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, has completed construction of the Minto Water Treatment Plant at the Minto Mine in the Canadian Yukon. BioteQ provided plant design, procurement, and construction within a very short timeline of 5 months, and delivered the plant ahead of schedule and within budget. BioteQ will commence commissioning of the plant during the second quarter, and will provide fee-based operating services for the next three operating seasons, commencing in the spring of 2010. The capital cost of the plant has been paid by the mine site owner, Minto Explorations Limited.

The Minto Water Treatment Plant will treat water containing dissolved metals and suspended solids, using a combination of conventional water treatment technologies and BioteQ's proprietary processes to produce treated water that will comply with the applicable water quality requirements for discharge to the environment. The plant has been designed to treat 4 million liters of water per day, to allow for peak water flow from the site. During the 2009 operating season, BioteQ used a temporary system to treat 700 million liters of water at the site. BioteQ will provide a process guarantee that the plant will operate in accordance with the plant's design criteria.

BioteQ Corporate Profile

BioteQ is a water treatment company that 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 9 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction.

BioteQ has been named one of Canada's Top 50 Most Socially Responsible Corporations by Jantzi Research and Maclean's, and the company's sustainable water treatment solutions have been recognized with 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, 2008. 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)