BM BC Moly Ltd

BacTech Mining Corporation ("BacTech" or the "Company") (TSX VENTURE:BM) today
announced that it has closed the second tranche of its non-brokered private
placement announced September 10, 2009, for total gross proceeds of $155,000.


In total, BacTech will issue 6.5 million units at $0.08 for gross proceeds of
$520,000. Each unit consists of one common share and one half of a common share
purchase warrant. A full warrant entitles the holder to purchase one common
share at $0.12 for a period of one year from the date of closing. 


All securities issued for the second tranche of the offering, and the underlying
securities, are subject to a four-month hold period that expires January 25,
2010, with the one-year warrants expiring September 24, 2010. 


In connection with the offering, BacTech may pay to certain arm's length parties
a finder's fee in the amount of 8% of the gross proceeds raised. 


Completion of the private placement is subject to approval by the TSX Venture
Exchange ("TSX-V").


BACTECH PROFILE

BacTech owns patented bacterial oxidation technology for the treatment of
refractory ores and concentrates to enhance the recovery of gold, silver and
base metals. The Company's focus is the acquisition of equity positions in
projects amenable to bioleaching. In September 2008, BacTech signed an MOU to
investigate the use of bioleaching to reprocess arsenic-laden tailings in
Cobalt, Ontario. This is the Company's first foray into the cleantech industry.
BacTech is continuing to evaluate additional remediation projects.


Shares outstanding 88,952,206

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