News
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PRESS RELEASE
Cotec Holdings Corp. Provides Operational Overview and 2024 Key Targets
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) reports 2023 operational highlights and 2024 targets. Initiated strategic investments, completed name change, and listed on TSXV. Focus on sustainable resource production and transformative technologies -
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PRESS RELEASE
CoTec Holdings Corp. Announces Normal Course Issuer Bid
CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) has announced the commencement of a normal course issuer bid (NCIB) for its common shares, allowing for the purchase of up to 5% of the issued and outstanding shares. The bid will be executed through the facilities of the TSX Venture Exchange, with purchases made at market price plus brokerage fees. The Corporation's board believes that purchasing shares below intrinsic value is a desirable investment opportunity and in the best interests of the shareholders. CoTec is an environment, social, and governance-focused company investing in innovative technologies for the mineral extraction industry and supporting the transition to a lower carbon future. -
PRESS RELEASE
Mkango Subsidiary Maginito and CoTec Form Hypromag USA Joint Venture and Commence Process to Appoint EPCM Provider for The Feasibility Study
CoTec and Mkango Resources Ltd. are excited to announce the formation of a joint venture with Maginito Limited to bring HyProMag Limited's recycling technology into the United States. The newly formed joint venture company, HyProMag USA, LLC, plans to develop a sustainable rare earth magnet recycling and production business underpinned by HPMS. The joint venture has initiated a "Request for Proposal" process from leading Engineering, Procurement and Construction Management providers for the US Project. CoTec and Mkango will make a joint decision on the project's construction, with a focus on securing US Government funding and strategic partnerships for feed supply and REE magnet offtake. The HPMS technology has major competitive advantages and is supported by the Minerals Security Partnership. For more information, visit www.cotec.ca and www.mkango.ca. -
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PRESS RELEASE
CoTec Holdings Corp. Announces Initial Closing of Non-Brokered Private Placement
CoTec Holdings Corp. completes initial closing of non-brokered private placement, issuing 1,991,800 Units for gross proceeds of $1,493,850. The Corporation to use proceeds for investments, debt repayment, and working capital