SOURCE: BioteQ Environmental Technologies Inc.

BioteQ Environmental Technologies Inc.

December 09, 2015 09:00 ET

BioteQ Announces Change of Auditor

VANCOUVER, BC--(Marketwired - December 09, 2015) - BioteQ Environmental Technologies Inc. (TSX VENTURE: BQE), a leader in the treatment of mine impacted waters, announces that it has changed its auditors from PricewaterhouseCoopers LLP (the "Former Auditors") to MNP, LLP (the "Successor Auditors") effective December 2, 2015.

At the request of the Company, the Former Auditors resigned as auditors of the Company effective December 2, 2015 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective December 2, 2015, until the next Annual General Meeting of the Company.

There were no reservations in the Former Auditor's reports in connection with the most recently completed fiscal year (2014) or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the Former Auditor's resignation. There are no "reportable events" (as that term is defined in National Instrument 51-102 Continuous Disclosure Obligations) between the Company and the Former Auditor.

In accordance with National Instrument 51-102, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the audit committee and the board of directors and has been filed on SEDAR.

BioteQ Corporate Profile
BioteQ is a service provider that specializes in treating mining wastewater and specific hydrometallurgical streams with the focus on reducing Life Cycle Costs while achieving compliance and introducing sustainability into water management. We have extensive expertise and operations experience in sulphide precipitation, ion exchange, alkali/lime neutralization and SART process technologies. Over the past decade, BioteQ has designed and commissioned plants at mine sites for leading organizations including Glencore Canada, Freeport McMoRan, Jiangxi Copper and the US EPA and is currently operating six plants under long-term contracts. These plants remove dissolved metals and sulphate to well below the required regulatory discharge limits while reducing or eliminating the production of waste sludge and/or recovering valuable metals from waste streams for sale which reduces the life cycle cost of water treatment. BioteQ is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.

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

Contact Information

  • For further information please contact:
    BioteQ Environmental Technologies
    Suite 1000 - 1050 West Pender Street
    Vancouver BC Canada V6E 3S7

    David Kratochvil
    President & CEO
    dkratochvil@bioteq.ca

    Paul Kim
    CFO
    pkim@bioteq.ca

    t
    604.685.1243 or 1.800.537.3073