HIGHLIGHTS: Maginito completes transaction to increase its ownership in HyProMag to 100% £1 million cash consideration, funded from existing working capital in Maginito; and 9,742,031 Mkango shares equivalent to £1m at a price per share of 10.26 pence Maginito targeting first production from the UK in 2023 and Germany in 2024, with parallel technology roll-out into the US LONDON, UK / VANCOUVER, BC / ACCESSWIRE / August [...]
CoTec Holdings Corp. is pleased to announce that it has retained Hybrid Financial Ltd. . The service provided by Hybrid to the Company is a database of Registered Financial Professionals in North America. Hybrid is not promoting the specific purchase or sale of securities. It provides its database, technology, and call center services to enable the issuer to disseminate its information to Financial Professionals only [...]
CoTec Holdings Corp. is pleased to announce that the Corporation's CEO, Julian Treger, will be presenting at the Emerging Growth Conference on Thursday, July 13, 2023, at 10:15am to 10:45am EDT. Investors that want to attend the presentation may do so through the following link: https://goto.webcasts.com/starthere.jsp?ei=1603282&tp_key=1cd1dcc46a&sti=cthcf Attendees are requested to either submit questions in advance at [...]
This press release is being disseminated as required by National Instrument 62?103 ? The Early Warning System and Related Take Over Bids and Insider Reporting Issuers in connection with the filing of early warning reports by Kings Chapel International Limited in respect of its ownership position in CoTec Holdings Corp. . Kings Chapel is owned by an irrevocable discretionary trust associated with Julian Treger, the [...]
CoTec Holdings Corp. is pleased to announce that it has invested a further US$120,225 into MagIron LLC . The investment was part of a larger US$500,000 fundraise that was supported by existing shareholders and was completed at a pre-money valuation of US$150 million . The investment further increases CoTec's equity interest in MagIron from 16.89% to 16.94% on a fully diluted basis. CoTec's initial investment of US$2.1 [...]
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 [...]