CoTec Provides Update on Warrant Acceleration

About this update from Cotec Holdings Corp

CoTec Provides Update on Warrant Acceleration83.4% of Warrants Exercised To DateUnexercised Warrants Will Expire at 5:00 pm (Vancouver Time) on Friday, April 10, 2026 VANCOUVER, BC / ACCESS Newswire / April 8, 2026 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to provide an update regarding 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 the issuance subject to accelerated expiry in certain circumstances (the "Acceleration Trigger"). On March 4, 2026, the Company announced that the terms of the Acceleration Trigger had occurred and that the expiry date of the warrants was accelerated to Friday, April 10, 2026 ("Accelerated Expiry Date").To date, 14.5 million Warrants have been exercised resulting in gross proceeds of $17.4 million to the Company and the issuance of 14.5 million Common Shares. If all the remaining Warrants are exercised, the Company will receive further gross proceeds of approximately $3.4 million and an additional 2.86 million Common Shares would be issued.Warrant holders are reminded that all Warrants that remain unexercised as of 5:00 p.m. (Vancouver time) on the Accelerated Expiry Date will expire and become void and of no further force or effect.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: accelerate the energy transition while strengthening strategic mineral supply chains for the countries we operate in. By investing in and deploying disruptive technologies, the Company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams, and recycled products into hig...

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