EX-5.1 2 0002.txt LEGAL OPINION June 5, 2000 Bion Environmental Technologies, Inc. 555 Seventeenth Street, Suite 3310 Denver, Colorado 80202 Re: Legality of Issuance of Common Shares Gentlemen: We have acted as counsel for Bion Environmental Technologies, Inc., a Colorado corporation (the Company), in connection with the filing of a Registration Statement on Form S-8 (the Registration Statement), under the Securities Act of 1933, as amended, covering the offer and sale by the Company of up to one million of the Company's Common Shares issuable pursuant to its 2000 Incentive Plan. We have reviewed the corporate action of the Company in connection with these matters and have examined such documents, corporate records and other instruments as we deemed necessary for the purpose of this opinion. Based upon the foregoing, it is our opinion that: (i) the Company is a corporation duly organized and validly existing under the laws of the State of Colorado; (ii) the issuance of the Common Shares has been duly authorized by the Company; and (iii) the one million Common Shares offered, when issued and sold in the manner described in the Registration Statement and in accordance with the resolutions adopted by the Board of Directors of the Company, and when full payment therefor shall have been received by the Company, will be legally issued, fully paid and non-assessable. We hereby consent to the use of our name in the Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement. Very truly yours, KRYS BOYLE FREEDMAN & SAWYER, P.C. By: /s/ Stanley F. Freedman, P.C. Stanley F. Freedman, P.C.