CoTec Holdings Corp. is pleased to announce that it has filed its unaudited interim condensed consolidated financial statements and the accompanying management discussion and analysis for the three months ended March 31, 2023. The Company continued to build on the strong foundation laid in the past 12 months as it now targets the operational application and roll-out of the HyProMag and Binding Solutions technologies [...]
CoTec Holdings Corp. is pleased to announce that it has notified Mkango Resources Ltd. and Maginito Ltd of its intention to increase its equity position in Maginito from 10 percent to approximately 20.6 percent. CoTec intends to convert its GBP2 million convertible loan note in Mkango into Maginito stock on completion of Maginito's recently announced acquisition of the 58 percent equity interest in HyProMag it does not [...]
CoTec Holdings Corp. is pleased to announce it has invested US$1.5 million into Ceibo Inc. , a Delaware corporation, for a small equity interest. Ceibo, through its wholly-owned Chilean subsidiary has developed a revolutionary process to leach low-grade primary copper sulphides, such as chalcopyrite, and copper waste material using a proprietary high throughput inorganic leaching technology. Jetti Resources LLC, a copper [...]
CoTec Holdings Corp. is pleased to announce that it has been approved to commence trading of its common shares on the OTCQB® Venture Market , beginning today under the ticker symbol CTHCF. Julian Treger, CoTec CEO commented; "We are pleased to expand our investor reach during this exciting time in the evolution of CoTec as we commence the preparation and feasibility for the operational roll-out of our technology [...]
CoTec Holdings Corp. is pleased to announce that the OTC has completed its review of CoTec's application and the Company is now the final phase of listing on the OTCQB in the United States. The Company has paid the OTC annual fee and is awaiting its listing date and ticker symbol. Julian Treger, CEO of the Company commented; "we are pleased to have reached the end of this journey and to provide our US shareholders greater [...]
CoTec Holdings Corp. is pleased to announce that it has invested a further US$101,014 into MagIron LLC .The investment was part of a larger US$400,000 fundraise that was supported by existing shareholders and was done at a pre-money valuation of US$35 million. The funds will be used to further progress the restart of Plant 4 and for general corporate purposes. CoTec contributed $200,000 to an earlier fund raise in [...]
CoTec Holdings Corp. announces that the Company has granted an aggregate of 550,000 deferred share units to non-executive directors of the Board of Directors and a technical advisor to the Board. Furthermore, the Company granted an aggregate 1,631,905 incentive stock options to the Chief Executive Officer, other officers, management and employees of the Company. The Options vest over a three year term, are exercisable at [...]
CoTec Holdings Corp. is pleased to announce that it has filed its audited annual financial statements and the accompanying management discussion and analysis for the financial year ended December 31, 2022. The Company reported a $4 million gain on equity investments and $1.5 million comprehensive income for the financial year. Other highlights for the year include: Completion of the Company's Change of Business in April [...]
CoTec Holdings Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of units at a price of $0.50 per Unit . Each Unit consists of one common share in the capital of the Corporation and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.75 for a period of 12 months following the issuance of the [...]
CoTec Holdings Corp. is pleased to announce that the Corporation's CEO, Julian Treger, will be presenting at the Emerging Growth Conference on Wednesday, March 8, 2023, at 11:25am to 11:55am EST. Investors that want to attend the presentation may do so through the following link: https://goto.webcasts.com/starthere.jsp?ei=1595542&tp_key=9ac5970e97&sti=cth Attendees are requested to either submit questions in advance at [...]
CoTec Holdings Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 7,150,000 units at a price of $0.50 per Unit for gross proceeds of up to $3,575,000 . Each Unit will consist of one common share in the capital of the Corporation and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.75 for a period [...]
CoTec Holdings Corp. is pleased to provide an update in respect of its portfolio, investment initiatives and other matters. Julian Treger, CEO, commented: "2022 was a very successful year for CoTec, despite challenging macro-economic conditions during the second half of the year. Since re-admission to the Toronto Venture Exchange nine months ago, we have completed three investments, reviewed many potential opportunities [...]