BACTECH ENVIRONMENTAL BIOLEACHING FACILITY
TENGUEL – PONCE ENRIQUEZ, EQUADOR
ROYALTY DESCRIPTION (C Type)
BacTech Environmental Corporation (“BacTech”) owns patented proprietary technology in high arsenic content tailings reprocessing
Transaction announced in October 2024 and closed November 2024
SCRi paid C$1.0 million in SCRI equity for 90% of silver produced from BacTech’s plant at a deemed price of C$10 per share
SCRi will pay C$1.0 million on funding and an additional C$2.0 million on plant startup, all in SCRI equity
| OPERATOR | BacTech |
| MKT CAP | C$9 million |
| TERMS | 90% of silver produced at process plant, or 35,000 silver ounces per year for 10 years, whichever is higher/longer |
| ASSET | Plant |
| SILVER OZs | 35,000 per year; >700,000 over Life of Asset |
| DELIVERED YTD 2025 | 0 |
| LOM (yrs) | Perpetual |
| NAV (C$ mln) | 24.5 |
| IRR (at $45/oz) | 55% |
| STATUS | Development |
BacTech Environmental, Equador Plant, Equador