BM BC Moly Ltd

BacTech Mining Corporation ("BacTech" or the "Company"), (TSX VENTURE:BM)
announced that shareholders of the Company have approved the Plan of Arrangement
involving the Company, its subsidiary, BacTech Environmental Corporation
("BacTech Environmental"), and shareholders of the Company. 


At a special meeting of shareholders held earlier today, shareholders of the
Company approved the Arrangement, with 99.9% of the votes cast being in favour.
Shareholders also approved (i) the change of name of the Company to REBgold
Corporation, (ii) an amendment to the by-laws of the Company to eliminate the
requirement that a majority of directors be resident Canadians, and (iiii) the
adoption by BacTech Environmental of a stock option plan. Details of the Plan of
Arrangement and each of the other matters approved at the shareholders' meeting
are set out in the management information circular of the Company dated October
14, 2010.


Ross Orr, President and CEO of the Company, said "We are very pleased by the
overwhelming support for the Arrangement transaction from the shareholders of
the Company. The transfer of the Company's environmental remediation business
into BacTech Environmental will facilitate the funding and development of that
business, as well as the Company's mining technology business, which will
continue under the name REBgold Corporation."


Completion of the Arrangement requires the approval of the Superior Court of
Justice (Ontario) and satisfaction of certain other conditions precedent. A
hearing by the Superior Court of Justice (Commercial List) is scheduled to be
held on November 25, 2010.


Assuming court approval is obtained and all other conditions precedent are
satisfied, it is expected that the Arrangement and the change of name of the
Company to REBgold Corporation will occur on or about November 30, 2010. It is
expected that REBgold Corporation will continue to trade on the TSX Venture
Exchange under the symbol "RBG", and that BacTech Environmental will trade on
the Canadian National Stock Exchange (CNSX) under the symbol "BAC".


Going forward, the Directors of REBgold Corporation will be Mark Burridge, Ross
Orr, Stephen Fabian and Peter Secker. The Directors of BacTech Environmental
will be John Gingerich, Ross Orr, Walter Cimowsky and Jay Naster.


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 technology can be applied to the processing of concentrates
generated from mining, as well as from the reclamation of mine tailings.


Shares outstanding 133,600,039

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