CoTec Holdings Corp. announces that a total of 202,020 incentive stock options have been granted to a director and officer of the Company pursuant to the Company's 10% rolling stock option plan. The Options have an effective grant date of September 7, 2022 and are exercisable for a period of 10 years at a price of $0.46 per common share, with 1/3 [...]
Mkango Resources Ltd. and CoTec Holdings Corp. are pleased to announce that, further to the announcements on 30 May and 21 June 2022, CoTec has agreed to advance a further £500,000 to Mkango by way of a convertible advance note and Mkango has agreed to extend CoTec's exclusivity period with respect to the proposed transaction, announced on 30 May [...]
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 and six months ended June 30, 2022. The Company reported comprehensive income of approximately $2.3 million and $1.9 million for the three and six month [...]
CoTec Holdings Corp. is pleased to announce that MagIron LLC , in which the Corporation has a 15.8% equity interest, has completed the purchase of selected assets from the receivership estate of Prairie River Minerals, LLC . Julian Treger, CoTec CEO commented; "this acquisition significantly enhances the MagIron business case through consolidation [...]
CoTec Holdings Corp. is pleased to announce that it has retained PI Financial Corp. to provide market making services in accordance with TSX Venture Exchange policies. PI will trade the securities of the Company for the purposes of maintaining an orderly market. The Company will pay PI a monthly cash fee of $5,000 in consideration of its services [...]
CoTec Holdings Corp. is pleased to announce that MagIron LLC , in which the Company has a 16% equity interest, has completed the placement of a $5 million secured Convertible Note , the proceeds of which will be used to further progress MagIron's strategy to restart Plant 4. The terms of the Note include: Right to convert into shares of MagIron at [...]
Mkango Resources and CoTec Holdings are pleased to announce that, further to the announcement on May 30th, 2022, binding legal documentation for the £500,000 unsecured convertible advance note has now been completed. Under the terms of the Advance, CoTec will transfer £500,000 to Mkango within 7 business days of conditional TSXV approval, which is [...]
CoTec Holdings Corp. is pleased to announce the appointment of Sharon Fay to its Board of Directors as non-executive director. Julian Treger, CEO, commented: "we are very pleased to welcome Sharon to our Board. She is a highly competent business leader and her skills and experience will compliment our Board and will add significant value to our [...]
CoTec Holdings Corp. is pleased to announce the appointment of Sharon Fay to its Board of Directors as non-executive director. Julian Treger, CEO, commented: "we are very pleased to welcome Sharon to our Board. She is a highly competent business leader and her skills and experience will compliment our Board and will add significant value to our [...]
Highlights Mkango has signed a non-binding term sheet with CoTec Holdings Corp., an ESG-focused company investing in innovative technologies, led by Julian Treger and Braam Jonker, in relation to investments by CoTec into Mkango and Mkango's subsidiary, Maginito Limited, and collaboration in downstream rare earth technologies. The Transactions are [...]
Project has potential to produce high-quality iron ore concentrate at a reduced carbon footprint Highlights: CoTec to acquire 15.8% equity interest in MagIron LLC for US$2 million MagIron has entered into a purchase agreement to acquire a dormant iron ore concentrator based in Grand Rapids, Minnesota Plant has ability to produce DR grade [...]
CoTec Holdings Corp. is pleased to announced that it has completed its previously announced proposed change of business from mineral exploration to an investment issuer under the rules of the TSXV. The Corporation expects that its common shares will resume trading on TSXV as a Tier 2 investment issuer on April 19, 2022. Julian Treger, Chief [...]
