# EDGAR Filing Document

**Accession Number:** 0000875729
**File Stem:** 0001079973-23-000049
**Filing Date:** 2023-1
**Character Count:** 8884
**Document Hash:** 448b96295a063450db51fd8e9ec23f16
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001079973-23-000049.hdr.sgml**: 20230110

**ACCESSION NUMBER**: 0001079973-23-000049

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230109

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230110

**DATE AS OF CHANGE**: 20230110

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BION ENVIRONMENTAL TECHNOLOGIES INC
- **CENTRAL INDEX KEY:** 0000875729
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE CHEMICALS [2870]
- **IRS NUMBER:** 841176672
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-19333
- **FILM NUMBER:** 23520131

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 323
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804
- **BUSINESS PHONE:** (212) 758-6622

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 323
- **CITY:** OLD BETHPAGE
- **STATE:** NY
- **ZIP:** 11804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RSTS CORP
- **DATE OF NAME CHANGE:** 19930328

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): January 10, 2023 (January 9, 2023)**

**BION ENVIRONMENTAL TECHNOLOGIES, INC.**

Exact name of Registrant as Specified in its Charter

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| | | |
|:---|:---|:---|
| **Colorado** | **000-19333** | **84-1176672** |
| State or Other Jurisdiction of Incorporation | Commission File Number | IRS Employer Identification Number |

---

**9 East Park Court**

**Old Bethpage** **, New York 11804**

Address of Principal Executive Offices, Including Zip Code

**516** **-586-5643**

Registrant's Telephone Number, Including Area Code

**Not applicable**

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 7.01 Regulation FD Disclosure.**

On January 9, 2023, the Company issued a press release entitled "**Bion and Olson Farms/TD Angus Announce Nebraska Sustainable Beef Practices Project"** which press release has been placed on the Investors page of our website.

**Item 9.01** **Financial Statements and Exhibits.**

(d) <u>Exhibits</u>.

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| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press Release titled "Bion and Olson Farms/TD Angus Announce Nebraska Sustainable Beef Practices Project<br> " (January 9, 2023)](ex99x1.htm) |
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **BION ENVIRONMENTAL TECHNOLOGIES, INC.** | **BION ENVIRONMENTAL TECHNOLOGIES, INC.** |
|  | By: | ***/s/ Mark A. Smith*** |
| Date: January 10, 2023 | Name: | Mark A. Smith, President |

---

## Exhibit 99.1

Exhibit 99.1

![](image_001.jpg)

**Bion and Olson Farms/TD Angus Announce Nebraska Sustainable Beef Practices Project** 

**January 9, 2023. New York, NY and North Platte, NE.** Bion Environmental Technologies, Inc. (OTC QB: BNET), a leader in the development of livestock waste treatment technology and premium sustainable beef, and Olson Farms/TD Angus announced a letter of intent to develop a 45,000-head sustainable beef cattle feeding operation near North Platte, Nebraska.

The project will consist of three of Bion's 15,000-head modules that will include barns with solar panels, manure collection and conditioning, biogas recovery and upgrading, ammonia capture and production of organic fertilizer products, and clean water recovery. All processes and performance will be third-party verified, USDA-certified, and recorded on blockchain, that will support a transparent and sustainable-branded premium product, with dramatic reductions in impacts to air, water, and soil.

Bion and Olson Farms/TD Angus will work together to create a definitive Joint Venture in early 2023, with construction anticipated to commence in the second half 2023. That timeline is expected to produce initial beef and coproduct revenues by the end of 2024 that will ramp up quickly in 2025 to up to 135,000 head of annual production.

Trey Wasserburger, Olson Farms/TD Angus' partner, stated, "We are excited to make this Bion project a reality. It's a perfect fit for our 'conception to consumer' model, where TD Angus bulls sire commercial calves at ranches all over the country. Those calves are brought back and fed at our family-owned feedyard and, beginning in 2024, harvested in our local producer-owned packing plant. Until now, beef sustainability has always been a proclamation. We look forward to supplying beef that is truly sustainable, for producers and the environment alike, and that have the pedigree and production history to verify it."

Bill O'Neill, Bion's CEO, said "We found a great partner in Olson Farms/TD Angus. We are inspired by Kirk Olson's and Trey's vision to produce cattle that are better for the consumer, better for the planet, and better for the producer. That's a perfect complement to our own vision and Bion's mission. We really look forward to working together with them as we roll out our technology and business platform and demonstrate what truly sustainable beef really is."

_________________________________

About Olson Farms/TD Angus: Olson Farms, Inc. is a fifth-generation family owned and operated farming and custom cattle feeding business that currently feeds approximately 50,000 cattle at the southern edge of the Nebraska Sandhills. Olson Farms/TD Angus is a founding member of Sustainable Beef, LLC, a rancher-owned packing plant being developed to process 1,500 head per day near North Platte, NE. Sustainable Beef, LLC, and Walmart recently announced Walmart's equity investment in Sustainable Beef as "part of a broader strategic partnership to source top-quality angus beef from Sustainable Beef LLC's new beef processing facility."

About Bion: Bion's patented third generation technology (Gen3Tech) was designed to largely mitigate the environmental impacts of large-scale livestock production, increase its resource efficiencies, and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously prevents pollution to air, water, and soil, while recovering high-value organic fertilizer coproducts and renewable energy that increase revenues. Bion's Gen3Tech platform can create a pathway to true economic and environmental sustainability with 'win-win' benefits for a premium sector of the $175 billion U.S. livestock industry and the consumer. For more information, see Bion's website at https://bionenviro.com.

*This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words 'will', 'look forward (to)', and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.* 

**Contact Information:** 

Craig Scott

SVP, Director of Communications

(406) 281-8178 direct