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Message: Receives Commitments For Private Placement

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Receives Commitments For Private Placement

posted on Mar 30, 09 11:09AM

Re: News Release - Monday, March 30, 2009
Bactech Receives Commitments For Private Placement
====================================...

Toronto, Canada, March 30, 2009 -- BacTech Mining Corporation
("BacTech" or the "Company", TSX.V: BM) today announced that it has
received initial commitments for its financing of approximately
$450,000 which will allow the Company to repurchase its $3 million
debenture commitment. A second closing is anticipated shortly for the
balance of the $750,000 financing announced on March 16, 2009.

Proceeds from the financing will be used for:

. retiring the debenture,
. closing the Papua New Guinea ("PNG") transaction with Yamana Gold
Inc. (previously announced June 18, 2008), and,
. the environmental studies near Cobalt, Ontario for the Castle Mine
tailings project.

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 June 2008, the
Company signed an agreement to acquire Yamana Gold Inc.'s 33% interest
in two refractory gold deposits in Papua New Guinea. 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.