BacTech Mining Corporation

BacTech Mining Corporation

May 14, 2009 11:45 ET

BacTech Signs Growthink as Strategic Advisor

TORONTO, CANADA--(Marketwire - May 14, 2009) - BacTech Mining Corporation ("BacTech" or the "Company") (TSX VENTURE:BM) is pleased to announce the engagement of Growthink, a leading strategic and transactional advisory firm to emerging and middle market enterprises, as the Company's strategic advisor for an environmental re-branding strategy and capital raising. Growthink, headquartered in Los Angeles, CA, provides research, strategic, transactional and investment capital services to its clients, enabling companies to identify and leverage opportunities for growth and market leadership.

BacTech is expanding the use of its bioleaching technology to the clean up of toxic mine tailings, and recently began developing a mine tailings project in Northern Ontario using its proprietary bioleach technology. BacTech has been carrying out testwork on tailings taken from the Cobalt region, with the goal of building a bioleach pilot plant in the area to re-treat contaminated tails. This is the Company's first foray into the cleantech arena. Growthink has been engaged by BacTech to communicate the benefit of the Company's pioneering bioleaching technology to the U.S. cleantech 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 cleantech 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 Company 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 cleantech and environmental fund interest, and will position BacTech as the leading provider of bacterial oxidation to the mining industry."


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 the Cobalt area of Northern Ontario. This is the Company's first foray into the cleantech industry. BacTech is continuing to evaluate additional remediation projects.


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. Learn more about Growthink's expertise at

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