CoTec Holdings Corp. announces that a total of 1,152,916 incentive stock options have been granted to certain directors and officers of the Company pursuant to the Company's 10% rolling stock option plan, which was approved at the Company's annual and special meeting held on September 20, 2021. The Options have an effective grant date of September 24, 2020 and are exercisable for a period of 10 years at a price of $0.30 [...]
CoTec Holdings Corp. is pleased to announce the results of its Annual General and Special Meeting held in Vancouver on September 20, 2021. The Company is also pleased to announce that, following his appointment as a director, the Board of Directors has elected Raffaele Genovese as its Chairman. 14,859,450 of the Company's eligible shares totalling 19,017,915 voted in the AGM with only a negligible number of shares voting [...]
CoTec Holdings Corp. is pleased to announce that Mr. Julian Treger has been appointed to its Board of Directors and as Chief Executive Officer Designate and will succeed Mr. Hendrik Dietrichsen as CEO of the Company in due course. Mr. Treger has recently announced his intention to step down from his CEO role at Anglo Pacific Group PLC on March 31, 2022. In the interim he will continue to fulfill his duties as CEO of Anglo [...]
CoTec Holdings Corp. is pleased to announce that, further to the Company's news release dated August 12, 2021, it has closed its non-brokered private placement offering of units of the Company . The Company issued an aggregate of 4,040,404 Units at a price of $0.12375 per Unit for gross proceeds of $500,000. Each Unit consists of one common share of the Company and one non-transferable common share purchase warrant . Each [...]
EastCoal Inc. is pleased to announce that it proposes to proceed with a non-brokered private placement of 4,040,404 units at a price of $0.12375 per Unit, for gross proceeds of $500,000. Each Unit will be comprised of one common share in the share capital of the Company and one share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share at a price of $0.165 for a period of twelve months [...]
EastCoal is pleased to report that further to its news release dated May 4, 2020, the Company issued an aggregate of 7,577,531 common shares in the capital of the Company at a deemed price of $0.0675 per Share to settle a total of $511,483.42 in outstanding debt owed to two creditors. The Transactions were completed following approval from disinterested shareholders at the Company's Annual General and Special Meeting held [...]
EastCoal Inc. is pleased to report that it has reached agreements with certain creditors to issue an aggregate of 7,577,531 common shares in the capital of the Company at a deemed price of $0.0675 per Share to settle a total of $511,483.42 in outstanding debt . The Transactions are each considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 - Protection of Minority Securityholders [...]
EastCoal Inc. announces that further to its January 27th press release the letter of intent with American Mining Group has now expired. The parties have agreed to remain in contact in the event that the capital markets open up for a transaction of this nature. EastCoal will be requesting that the TSX Venture Exchange lift the current trading halt on its shares and allow for the resumption of trading. About EastCoal Inc [...]
EastCoal Inc. is pleased to announce that it has entered into a letter of intent dated January 27, 2020 with American Mining Group, LLC and Bluff Mountain Development LLC . Pursuant to the LOI, the Company will, subject to certain conditions, complete a transaction to purchase 100% of the LLC membership interests of AMG and certain land from Bluff Mountain . Upon completion of the Transaction, the Company will own all of [...]
VANCOUVER, BC / ACCESSWIRE / November 27, 2017 / EastCoal Inc. is pleased to announce the results of its Annual General Meeting of Shareholders held on Friday, November 24, 2017 in Vancouver, British Columbia. All of the resolutions presented at the meeting were approved by the shareholders, with the votes cast by proxy representing 7.76% of the total shares outstanding as of the proxy cut-off date, October 19, 2017 [...]
VANCOUVER, BC / ACCESSWIRE / October 27, 2017 / EastCoal Inc. (TSXV:ECX-H) (the "Company") is pleased to announce that it has now closed its previously announced non-brokered private placement, originally announced on September 19, 2017, with a further update announced on October 18, 2017. The Company has received subscription agreements to the amount of $200,000 or 3,636,364 shares at an issue price of $0.055. Following [...]
VANCOUVER, BC / ACCESSWIRE / October 18, 2017 / EastCoal Inc. (TSX-V: ECX.H) (the "Company") announces that it expects the closing of its previously announced non-brokered private placement to take place no later than Friday, October 27, 2017. The terms of the non-brokered private placement and the use of funds announced on September 19, 2017 remain unchanged. The private placement is subject to the necessary regulatory [...]
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