EnviroLeach Announces Continuance to British Columbia and AGM Results

Rhea-AI Summary

EnviroLeach Technologies Inc. (OTCQB:EVLLF) has completed its continuance from Alberta to British Columbia, approved by shareholders on November 24, 2020. The transition aligns with the company's focus on environmentally sustainable technologies for precious metal extraction from gold ores and electronic waste. Their proprietary water-based process offers a cost-effective alternative to traditional cyanide methods, supported by extensive research and development. Further details are available on their website.

Positive

• Successful continuance to British Columbia enhances regulatory alignment.
• Shareholder approval reflects confidence in company strategy.
• Proprietary extraction technology offers sustainable and cost-effective solutions.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE /  December 10, 2020 / EnviroLeach Technologies Inc., ("EnviroLeach"), (CSE:ETI) (OTCQB:EVLLF) (FRA:7N2) a technology company specializing in precious metal extraction processes with applications in the primary and secondary metals sectors, announces the continuance of the Company from the province of Alberta under the Business Company Act (Alberta) and into the province of British Columbia under the Business Corporations Act (British Columbia) (the "Continuance") and adoption of the new articles of incorporation (the "Articles"). The Continuance was approved by the Company's shareholders at the Annual General and Special Meeting of Shareholders (the "Meeting") held on November 24, 2020. Copies of the certificate of continuation and the Articles have been filed under the Company's profile at www.sedar.com. All other matters considered at the Meeting were approved by the shareholders.

About EnviroLeach Technologies Inc.

EnviroLeach is an emerging leader in cost-effective and environmentally sustainable technologies for the extraction of valuable metals from conventional gold ores and end-of-life printed circuit board assemblies (PCBAs). Using its proprietary and patented water-based, near-neutral pH treatment process, the EnviroLeach formula extracts metals from mineral concentrates and E-Waste using only FDA approved additives operating under ambient conditions. The unique ability to re-use the EnviroLeach formula results in a cost-effective and sustainable alternative to the current use of cyanide and smelters.

Backed by the momentum of a first-class staff of scientists and engineers, tens of thousands individual tests and assays, independent validations, strategic partners and tens of thousands of hours in research and development, EnviroLeach's technology is emerging as a potential new standard for the provision of eco-friendly methods for the hydrometallurgical extraction of precious metals in both the mining and E-Waste sectors. Further information is available on the EnviroLeach web site:https://EnviroLeach.com

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements." All statements in this release, other than statements of historical facts, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Actual events may differ materially from those projected in the forward-looking statements. All factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. The CSE has not approved or disapproved of the information contained herein.

Contact Information:

Jason Leikam
VP Corporate Development
EnviroLeach Technologies Inc.
info@EnviroLeach.com
(604) 282-0601

SOURCE: EnviroLeach Technologies Inc.

View source version on accesswire.com:
https://www.accesswire.com/620297/EnviroLeachAnnounces-Continuance-to-British-Columbia-and-AGM-Results

FAQ

What is the significance of EnviroLeach's continuance to British Columbia?

The continuance allows EnviroLeach to align better with regulatory frameworks and operational efficiencies in British Columbia.

When was the shareholder meeting that approved the continuance?

The shareholder meeting to approve the continuance took place on November 24, 2020.

What is EnviroLeach Technologies' focus area?

EnviroLeach specializes in environmentally sustainable technologies for precious metal extraction from conventional ores and electronic waste.

What is the stock symbol for EnviroLeach Technologies?

The stock symbol for EnviroLeach Technologies is EVLLF.