Gold

BacTech Environmental Corporation (CNSX:BAC) reports the closing of the first tranche of the private placement as reported on June 1, 2011.

The press release is quoted as saying:

The Company issued 2,500,000 units priced at $0.20 per unit, for total gross proceeds of CAD$500,000. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at a price of $0.30 until June 29, 2012.

Click here to access the entire news release. 

Click here to access Bac Tech’s company profile.(CNSX:BAC)