CoTec Holdings Corp.

CoTec Holdings Corp. is pleased to announce the completion of its 2023 sonic drilling and bulk sampling testing programme at the Lac Jeannine property and has engaged Corem to complete the metallurgical testing. Highlights An initial programme totalling 510 meters of sonic drilling for 13 holes, drilled up to 40 meters, was completed on the historical tailings of the previous Lac Jeannine iron ore mine operated by the [...]

CoTec Holdings Corp. and Mkango Resources Ltd. are pleased to announce that CoTec and Maginito Limited have entered into a binding letter agreement pursuant to which they have agreed a 50:50 joint venture in relation to the United States roll-out of HyProMag's rare earth magnet recycling technology. HyProMag's technology will be sublicenced to the new Joint Venture company, HyProMag US, on formation. HyProMag is 100 per [...]

CoTec Holdings Corp. is pleased to announce that HyProMag Limited , an investee company of CoTec, is collaborating with Europe Metal Recycling Limited , the Offshore Renewable Energy Catapult, Magnomatics and University of Birmingham in a £1.5 million project, Re-RE Wind . £1.0 million or 67% of the Project will be funded by Innovate UK's circular critical materials supply chains programme. The budget for HyProMag's [...]

CoTec Holdings Corp. is pleased to announce it has engaged Calgary based Sonic-Drilling Corp. to conduct the drilling work at the Lac Jeannine property for the completion of a maiden resource estimate on the Project. The drilling program will be completed during the 2023 season, subject to the required regulatory permits being received in time. CoTec will be working and collaborating with local, provincial and federal [...]

CoTec Holdings Corp. is pleased to announce it has entered a Memorandum of Understanding for a collaboration with the University of Birmingham to identify and commercialize disruptive technologies related to the critical mineral extraction industry. The collaboration will focus on potential opportunities to commercialize the University's low carbon, disruptive technologies in the mineral extraction industry. The [...]

CoTec Holdings Corp. is pleased to announce that Ceibo Inc. has secured an investment from BHP Ventures , a world-leading global resources company, in an additional closing of its recently announced Series B financing round. 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 [...]

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, 2023. The financial statements and MD&A can be accessed under the Company's SEDAR profile at www.sedarplus.ca. The Company announced its second profitable quarter with net income for the quarter [...]

CoTec Holdings Corp. is pleased to announce that it has entered into an option agreement to acquire 31 mining claims forming the Lac Jeannine Property located in the Côte-Nord region of Quebec, Canada. The Property contains historical tailings of the previous Lac Jeannine iron ore mine operated by the Québec Cartier Mining Company between 1959 and 1985. Prior to exercising its option to acquire the Property, the Company [...]

CoTec Holdings Corp. is pleased to announce that Binding Solutions Limited has secured an additional investment of US$17.5 million from Australian based Mineral Resources Ltd. . The fundraise was completed at a further significant increase to CoTec's previously reported investment value. MinRes has a market capitalization of more than AUD13.5 billion and is a leading diversified resources company with extensive operations [...]

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 [...]