03:57 PM EST - BacTech Mining Corp. : announced that its board of directors has approved, in principle, a reorganization of the company to create separate companies for each of the Company's two operating segments, namely, the use of bioleaching to liberate gold and base metals from primary mining, and, secondly, the use of bioleaching for the remediation of mine tailings left by previous mines. Over the past several months, BacTech said it has been investigating the most effective way of effecting the reorganization, and has determined that the reorganization will be effected by way of a Plan of Arrangement. BacTech Mining Corp.
shares V.BM are trading up $0.01 at $0.07.
