VANCOUVER, BC / ACCESSWIRE / January 9, 2020 / EnviroLeach Technologies Inc. (the 'Company 'or 'EnviroLeach'), (CSE:ETI) (OTCQB:EVLLF) (FSE:7N2) is pleased to announce that it received confirmation that it has been awarded the patent (U.S. Patent No. 10,526,682) on its proprietary chemical process on January 7, 2020.
Duane Nelson, President and CEO comments, 'I am very pleased to announce this tremendous milestone in the development of our IP portfolio. The protection of our technology is paramount to maintaining and building value for our shareholders and this patent. The granting of this patent strengthens the protection of our inventions and further substantiates the proprietary nature of our technology. This offers further validation on the uniqueness of our innovation technology. We are setting a new paradigm for sustainable and economic metals processing. EnviroLeach is clearly establishing itself as a market leader with a best in class technology solution.'
The company is committed to differentiating itself as an innovator by continuing the pursuance of an expanded suite of patented technologies.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the mining and recycling sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroLeach extracts precious metals from ores, concentrates, and E-Waste using only FDA approved additives and ambient temperature water.
Backed by the momentum of a first-class staff of scientists and engineers, tens of thousands individual assays, independent validations and strategic partners and over $20 million dollars in research and development, EnviroLeach's technology will become the standard for the provision of eco-friendly methods for the hydrometallurgical extraction of precious metals in both the conventional mining and E-Waste sectors. Further information is available on the EnviroLeach web site: https://enviroleach.com
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.
CEO & President
EnviroLeach Technologies Inc.
SOURCE: EnviroLeach Technologies Inc.
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