BioteQ Environmental Technologies Inc. provided an update on plant operations and engineering activities for the third quarter of 2012. The company had three active water treatment operations contributing to revenue during the third quarter - plants in Arizona, Quebec, and China collectively treated 3.6 million cubic meters of water during the quarter, and removed over 850,000 pounds of metals from the environment. The Bisbee, Arizona operation produced approximately 142,000 pounds of copper and treated 285,000 cubic meters of water. Revenues for this operation are based on the sale of copper recovered. The Dexing operation produced approximately 716,000 pounds of copper and treated 2.8 million cubic meters of water. Revenues from this operation are based on the sale of copper recovered.

For the nine months, total production was over 2 million pounds of metal and 8.3 million cubic meters of water. The Bisbee, Arizona operation produced 369,000 pounds of copper and treated 722,000 cubic meters of water. The Dexing operation produced approximately 1.65 million pounds of copper and treated 7.0 million cubic meters of water.

In March 2012, the company's management provided guidance on expected financial results for 2012 which indicated that the company expected to grow revenues by at least 30% over 2011 to approximately $10 million, and to reduce cash use by at least 40% to less than $1.5 million. The company remains on track with respect to the 2012 operations and financial guidance.