CoTec Holdings Corp. Launches $5 Million LIFE Offering and Private Placement

On May 20, 2025, CoTec Holdings Corp. announced a financing initiative aiming to raise $5 million through a Listed Issuer Financing Exemption (LIFE Offering) and a concurrent private placement. Each unit, priced at $0.78, includes one common share and one purchase warrant. The warrants allow the purchase of additional shares at $1.20, expiring in 18 months. If share prices exceed $1.35 for 15 consecutive days, expiry accelerates to 30 days.

The raised funds will support various projects, including detailed design work at HyProMag USA LLC and a drilling program at Lac Jeannine. ECM Capital Advisors Ltd. and Odeon Capital Group LLC serve as international agents, with offerings expected to close by June 15, 2025, subject to TSXV approval.