Mkango Resources and CoTec Holdings are pleased to announce that, further to the announcement on May 30th, 2022, binding legal documentation for the £500,000 unsecured convertible advance note has now been completed. Under the terms of the Advance, CoTec will transfer £500,000 to Mkango within 7 business days of conditional TSXV approval, which is pending, such transfer to be no later than 30th June 2022. Market Abuse [...]
CoTec Holdings Corp. is pleased to announce the appointment of Sharon Fay to its Board of Directors as non-executive director. Julian Treger, CEO, commented: "we are very pleased to welcome Sharon to our Board. She is a highly competent business leader and her skills and experience will compliment our Board and will add significant value to our Company. We are looking forward to working with her as we continue to execute [...]
CoTec Holdings Corp. is pleased to announce the appointment of Sharon Fay to its Board of Directors as non-executive director. Julian Treger, CEO, commented: "we are very pleased to welcome Sharon to our Board. She is a highly competent business leader and her skills and experience will compliment our Board and will add significant value to our Company. We are looking forward to working with her as we continue to execute [...]
Highlights Mkango has signed a non-binding term sheet with CoTec Holdings Corp., an ESG-focused company investing in innovative technologies, led by Julian Treger and Braam Jonker, in relation to investments by CoTec into Mkango and Mkango's subsidiary, Maginito Limited, and collaboration in downstream rare earth technologies. The Transactions are expected to include the following key components: CoTec will invest £2 [...]
Project has potential to produce high-quality iron ore concentrate at a reduced carbon footprint Highlights: CoTec to acquire 15.8% equity interest in MagIron LLC for US$2 million MagIron has entered into a purchase agreement to acquire a dormant iron ore concentrator based in Grand Rapids, Minnesota Plant has ability to produce DR grade concentrate by using existing tailings and iron ore fines, reducing its carbon [...]
CoTec Holdings Corp. is pleased to announced that it has completed its previously announced proposed change of business from mineral exploration to an investment issuer under the rules of the TSXV. The Corporation expects that its common shares will resume trading on TSXV as a Tier 2 investment issuer on April 19, 2022. Julian Treger, Chief Executive Officer of the Corporation, commented, "We are pleased to have completed [...]
CoTec Holdings is pleased to announced that it has completed the second and final closing of its previously announced brokered and non-brokered private placement of subscription receipts. The Private Placement is being undertaken in connection with the Corporation's previously announced proposed change of business from mineral exploration to an investment issuer under the rules of the TSX Venture Exchange . The [...]
CoTec Holdings is pleased to announce that UK-based Binding Solutions Limited has confirmed that it has received an equity investment from a blue-chip Asian based corporate group at a valuation of $130 million. This valuation represents a 73% increase over the $75 million valuation which CoTec has agreed to for its initial US$2M investment in BSL. For further details regarding CoTec's BSL investment, please refer to the [...]
CoTec Holdings Corp. is pleased to announced that it has completed an initial closing of its previously announced brokered and non-brokered private placement of subscription receipts . The Private Placement is being undertaken in connection with the Corporation's previously announced proposed change of business from mineral exploration to an investment issuer under the rules of the TSX Venture Exchange . Pursuant to the [...]
CoTec Holdings Corp. is pleased to provide an update with respect to its previously announced proposed change of business from mineral exploration to an investment issuer under the rules of the TSX Venture Exchange . Subject to the receipt of all necessary regulatory and shareholder approvals, including approval by the TSXV of the Proposed COB, following completion of the transactions described below , the Corporation [...]
CoTec Holdings is pleased to announce a proposed change of business from mineral exploration to an investment issuer under the rules of the TSXV. Subject to the receipt of all necessary regulatory and shareholder approvals, including approval by the TSXV of the Proposed COB, following completion of the transactions described below, the Corporation intends to become a Tier 2 Investment Issuer focused on investments in [...]
CoTec Holdings is pleased to announce that Mr. Tom Albanese has been appointed Non-Executive Director of the Company with immediate effect. Mr. Albanese previously served as Chief Executive Officer of Rio Tinto plc from 2007 to 2013 and as Chief Executive Officer and Director of Vedanta Resources Plc and Vedanta Limited from 2014 to 2017. He currently serves as Lead Independent Director of Nevada Copper Corp and as [...]
