Business
CoTec Announces Acceleration of Warrants
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / March 4, 2026 / CoTec Holdings Corp. (TSX-V:CT...
About this update from Cotec Holdings Corp
[{"type":"text","content":"CoTec Announces Acceleration of WarrantsVANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / March 4, 2026 / CoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) (\"CoTec\" or the \"Company\") is pleased to announce the accelerated expiry date of the common share purchase warrants (\"Warrants\") issued by the Company pursuant to the Listed Issuer Finance Exemption (\"LIFE\") Offering and Private Placement announced by the Company on May 20, 2025 and completed in tranches on June 18, July 3, July 16 and July 21, 2025 (together the \"Financing\").The Company issued an aggregate of 17,339,336 Warrants pursuant to the Financing entitling the holders thereof to purchase one common share of the Company (\"Common Share\") per Warrant at an exercise price of C$1.20 per Common Share for a period of 18 months following the date of issuance, subject to the Acceleration Clause (as defined herein).The Warrants are subject to an accelerated expiry provision such that if, for any 15 consecutive trading days during the unexpired term of the Warrants, the closing price of the Common Shares on the TSX-V exceeds $1.35 (the \"Acceleration Trigger\"), the Company may accelerate the expiry date of the Warrants by way of an announcement (\"Acceleration Clause\").The Company hereby advises that the Acceleration Trigger has been met as a result of the closing price of the Common Shares on the TSXV exceeding $1.35 for a period of 15 consecutive trading days ended March 3, 2026. Accordingly, the accelerated expiry date of the Warrants shall be Wednesday, April 10, 2026 (\"Accelerated Expiry Date\"), being 37 days following the date of this notice. All Warrants that remain unexercised after 5:00 p.m. (Vancouver time) on the Accelerated Expiry Date will expire and become void and of no further force or effect.To date, 5,132,643 Warrants have been exercised resulting in gross proceeds of $6,159,172 to the Company. If all the remaining 12,206,696 Warrants are exercised, the Company will receive further gross proceeds of approximately C$14,648,036.About CoTecCoTec Holdings Corp. (TSX-V:CTH)(OTCQB:CTHCF) is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, CoTec integrates breakthrough technologies with strategic assets to unlock secure, sustainable, and low-cost supply chains.CoTec's mission is clear: accele...