SOURCE: BioteQ Environmental Technologies Inc.

BioteQ Environmental Technologies Inc.

November 17, 2015 17:00 ET

BioteQ Repays Convertible Loans

VANCOUVER, BC--(Marketwired - November 17, 2015) - BioteQ Environmental Technologies Inc. (TSX VENTURE: BQE), a leader in the treatment of mine impacted waters, is pleased to announce it has fully repaid the convertible loans it had issued on June 9, 2015. The total repayment includes $750,000 in principal and $45,000 in interest. All conversion rights under the loans have been terminated.

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