CoTec Holdings Corp. Announces Warrant Exercise by Kings Chapel

Executive Summary

• Kings Chapel International exercised all 833,332 share purchase warrants at $1.20 per share, generating approximately $1 million in gross proceeds for CoTec Holdings Corp.
• The exercise increased the total issued and outstanding common shares to 99,940,639, strengthening the company’s balance sheet and financial flexibility.
• Management highlighted that the capital will support continued development of the Company’s strategic materials and resource‑recovery portfolio.

Key Details

• Warrant holder: Kings Chapel International (trust associated with CEO Julian Treger)
• Number of warrants exercised: 833,332 shares
• Exercise price: $1.20 per share
• Gross proceeds: ~ $1,000,000 (cash received by the Company)
• Post‑exercise share count: 99,940,639 issued and outstanding common shares
• Purpose of proceeds: Enhance financial flexibility; fund advancement of strategic materials and resource recovery investments across CoTec’s portfolio.
• CEO comment: “The exercise of these warrants further strengthens CoTec's balance sheet and reflects Kings Chapel's continued long‑term support for the Company's strategy.”

Notable Quotes

Julian Treger, CEO: “We remain focused on disciplined execution and advancing value across the portfolio.”