VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- EnviroLeach Technologies Inc. (the “Company“ or “EnviroLeach”), (CSE:ETI) (OTCQB:EVLLF), announced today the Company’s Chairman of the Board and co-founder, Jack Kiland purchased one million EnviroLeach common shares on November 7th, 2017, representing an investment of approximately $650,000 at an average share price of $0.65 in an open market trade.
Jack Kiland now personally owns 2.4 million shares of the Company representing approximately 4.69% of the issued and outstanding shares.
Duane Nelson, CEO of EnviroLeach states: “This significant acquisition by our Chairman demonstrates his confidence in our team’s ability to successfully execute its strategy to be a leading gold producer through the urban-mining of E-Waste as well as our ability to be a significant player in the extraction of precious metals in the traditional mining space.”
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a Canadian Technology Company and near-term gold producer that is engaged in the development and commercialization of environmentally-friendly formulas and technologies for the treatment of materials in the mining and E-Waste sectors. Using its proprietary non-cyanide based process, EnviroLeach extracts precious and base metals from ores, concentrates, E-Waste using only FDA approved additives.
Further information is available on the EnviroLeach web site: https://enviroleach.com
(SEDAR filings: EnviroLeach Technologies, Inc.)
Forward-Looking Statements
This News Release contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and words of similar import, constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach’s financial resources and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. Wherever possible, words such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of EnviroLeach’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. The CSE has not approved or disapproved of the information contained herein.
Contact Information:
EnviroLeach Technologies Inc.
Duane Nelson
President & CEO
info@EnviroLeach.com