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About CoTec Holdings Corp.
CoTec Holdings Corp. (TSXV:CTH, OTCQB:CTHCF) is a publicly traded investment issuer committed to transforming the global metals and minerals industry through the adoption of innovative, environmentally sustainable technologies. Operating at the intersection of resource extraction and technological innovation, CoTec focuses on investing in disruptive mineral extraction technologies while applying these advancements to undervalued mining assets and recycling opportunities. This dual approach enables CoTec to address critical supply chain gaps for minerals essential to renewable energy, electric vehicles, and green steel production.
Core Business Model and Strategy
CoTec’s business model is centered on leveraging cutting-edge technologies to enhance efficiency and sustainability in mineral extraction. The company prioritizes recycling, waste mining, and scalable solutions to accelerate the production of critical minerals while reducing environmental impact. By acquiring or partnering with undervalued assets, CoTec applies proprietary innovations to unlock their potential, thereby shortening development timelines and minimizing capital requirements. This strategy positions CoTec as a mid-tier disruptor in the commodities sector, offering high barriers to entry and rapid revenue generation.
Key Areas of Focus
- Rare Earth Recycling: Through its investment in HyProMag USA, CoTec is advancing patented hydrogen processing technology for recycling rare earth magnets, addressing supply chain vulnerabilities and supporting the transition to a low-carbon economy.
- Green Steel Production: The Lac Jeannine project in Québec exemplifies CoTec’s focus on rehabilitating historical mine sites to produce high-purity iron concentrates for the green steel industry.
- Innovative Technologies: Collaborations such as the WaveCracker™ project with McGill University and the application of Salter Cyclones’ Multi-Gravity Separators (MGS) demonstrate CoTec’s commitment to pioneering low-carbon, high-efficiency mineral recovery methods.
Market Position and Competitive Advantages
CoTec operates in tier-one jurisdictions, including the United States, Canada, and Europe, ensuring regulatory stability and access to premium markets. Its portfolio of U.S. dollar-based assets provides a natural hedge against currency fluctuations. The company’s competitive edge lies in its ability to integrate disruptive technologies into traditional resource extraction processes, creating value from waste materials and legacy assets. By focusing on critical minerals such as neodymium, iron, and manganese, CoTec aligns with the growing demand for sustainable resource solutions in clean energy and advanced manufacturing sectors.
Commitment to Sustainability
As an ESG-focused company, CoTec is dedicated to supporting the global transition to a low-carbon future. Its investments in recycling technologies and waste mining not only reduce environmental impact but also contribute to the circular economy. By repurposing end-of-life materials and tailings, CoTec exemplifies how innovation can drive both economic and ecological benefits.
Conclusion
CoTec Holdings Corp. stands at the forefront of a green revolution in resource extraction, combining technological innovation with strategic asset management to redefine the production of critical minerals. With a robust portfolio of projects and partnerships, CoTec is well-positioned to deliver sustainable solutions that meet the demands of modern industries while addressing environmental challenges.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has engaged Peter Epstein to provide investor relations services, pending TSX Venture Exchange approval. The engagement terms include a monthly compensation of US$2,000 for an initial six-month period, with potential extension upon mutual agreement. Epstein currently holds no direct or indirect interest in the company's securities.
CoTec Holdings Corp (TSXV:CTH)(OTCQB:CTHCF) announces alternative voting procedures for its upcoming annual general and special meeting on December 13, 2024, due to Canada's nationwide postal strike. The meeting will be held virtually at 11:00 AM Toronto time.
Shareholders will vote on: financial statements review for fiscal year 2023, director elections, auditor appointment, and equity incentive plan approval. Meeting materials are available on SEDAR+ and the company website. Shareholders can access voting materials through Computershare's call center or online voting platform. Objecting beneficial shareholders should contact their brokers for voting instructions.
HyProMag USA has initiated a Request for Proposal process to select an Engineering, Procurement and Construction Management (EPCM) provider for its rare earth magnet recycling and manufacturing project in the United States. This follows a positive feasibility study announced on November 25, 2024.
The detailed engineering design phase will support the development of an AACE Class 1 capital cost estimate and final site selection in H1 2025. The project targets initial revenue in Q1 2027, with a Notice to Proceed decision expected mid-2025.
The project focuses on recycling end-of-life NdFeB magnets into new sintered NdFeB magnets, supported by the Minerals Security Partnership. HyProMag USA is owned 50:50 by CoTec and Maginito, with Maginito being owned 79.4% by Mkango and 20.6% by CoTec.
HyProMag USA has initiated a Request for Proposal process to select an Engineering, Procurement and Construction Management (EPCM) provider for its rare earth magnet recycling and manufacturing project in the United States. This follows a positive feasibility study announced on November 25, 2024.
The detailed engineering design phase will support the development of an AACE Class 1 capital cost estimate and final site selection in H1 2025. The project targets initial revenue in Q1 2027, with a Notice to Proceed decision expected mid-2025.
The project aims to recycle end-of-life NdFeB magnets into new sintered NdFeB magnets, supported by the Minerals Security Partnership. HyProMag USA is owned 50:50 by CoTec and Maginito, with Maginito being owned 79.4% by Mkango and 20.6% by CoTec.
CoTec Holdings Corp. (TSXV:CTH) has entered into a convertible loan agreement with Kings Chapel International , amending previous loans totaling CAD$3,013,147 with accrued interest of CAD$220,896. Kings Chapel commits to advance an additional CAD$1,500,000 in three tranches during Dec 2024-Feb 2025. The loan bears 10% annual interest, repayable by December 31, 2027. From January 2025, the principal can be converted to common shares at CAD$0.75 per share, with automatic conversion when share price reaches CAD$1.00. Kings Chapel's ownership post-conversion is capped at 49% of outstanding shares.
CoTec Holdings Corp (TSXV:CTH)(OTCQB:CTHCF) has announced an upcoming investor update scheduled for November 26, 2024, at 7:00am PDT / 10:00am EDT. The presentation will be led by CEO Julian Treger and will include a Q&A session. Interested investors can participate by registering through the provided link on the 6ix platform.
CoTec Holdings Corp. (TSXV:CTH) has entered into a convertible loan agreement with Kings Chapel International , restructuring previous loans totaling CAD$3,013,147 with accrued interest of CAD$220,896. Kings Chapel will provide an additional CAD$1.5 million in three tranches of CAD$500,000 between December 2024 and February 2025. The loan bears 10% annual interest, matures December 31, 2027, and is convertible into common shares at CAD$0.75 per share at Kings Chapel's election or automatically at CAD$1.00 when share price conditions are met. The agreement includes a 49% ownership cap and represents a related party transaction due to CEO Julian Treger's connection to Kings Chapel.
CoTec and Mkango announce positive results from a Feasibility Study for HyProMag USA, a rare earth magnet recycling and manufacturing operation in the United States. The project, based on HPMS technology, shows a post-tax NPV of US$262 million and 23% IRR at current market prices, with potential to reach US$503 million NPV at forecast prices.
The facility will be located in Dallas Fort Worth, Texas, with two pre-processing spokes in eastern and western US. It will produce 750 metric tons annually of recycled sintered NdFeB magnets and 291 metric tons of co-products, with first revenue targeted for Q1 2027. The project requires US$125 million in upfront capital and has a low all-in sustaining cost of US$19.6 per kg of NdFeB product.
CoTec Holdings announces that Ceibo has partnered with Glencore's Lomas Bayas Mining Company to implement Ceibo's proprietary leaching technologies for enhanced copper extraction from low-grade sulphides in Chile. After two years of testing, Lomas Bayas is scaling up testing through Lomas Lab to evaluate the technology's potential for extending mining operations. Ceibo's technology offers a revolutionary process for leaching low-grade primary copper sulphides using inorganic leaching technology, promising higher recovery rates and shorter operational cycles. The company raised over US$30 million in Series B financing led by Energy Impact Partners, with participation from BHP Ventures, Orion Industrial Ventures, and other investors.
CoTec Holdings Corp. (TSXV:CTH) has announced arrangements to address mailing delays due to the Canada Post strike affecting the delivery of financial statements and meeting materials for their December 13, 2024 special and annual general meeting. The company has made electronic copies of financial disclosure and meeting materials available on SEDAR+. Shareholders can request email copies at no charge through Braam Jonker or Computershare's Shareholder Services. Physical copies will be mailed within ten days after postal service resumes. The company may seek exemption from BC Securities Commission regarding mailing requirements during the strike.
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