Latest news with #JulianTreger
Miami Herald
4 days ago
- Business
- Miami Herald
CoTec Investment Ceibo Successfully Produces Copper Cathodes at Demo Plant, Marking a Major Milestone in Copper Sulfide Leaching Technology
VANCOUVER, BC / ACCESS Newswire / June 5, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce that its investment, Ceibo Inc. ("Ceibo"), has achieved a significant milestone with the successful production of copper cathodes at a demonstration plant in partnership with Chilean copper producer Compañía Minera San Gerónimo ("CMSG"). The achievement validates the significant progress Ceibo's proprietary copper sulfide leaching technology has achieved and demonstrates its potential to revolutionize copper production. For more information on Ceibo's announcement, please visit: Ceibo Successfully Launches Copper Production at Compañía Minera San Gerónimo (CMSG). The demonstration plant, constructed at CMSG's mine in northern Chile, began construction in February 2025 and delivered its first copper cathodes just three months later. The plant has operated continuously since commissioning, showcasing the speed, reliability, and scalability of Ceibo's leaching process. This process integrates seamlessly with existing infrastructure, enabling faster and more efficient copper recovery than conventional methods, while unlocking resources once considered too challenging or uneconomical to process. Julian Treger, CEO of CoTec, commented: "We are excited to see Ceibo's technology successfully produce copper cathodes at their demo plant. This achievement is a testament to the quality, strength and dedication of the Ceibo team and underscores the transformative potential of their technology in the copper sector. Global copper supply is critical to the energy transition, Ceibo's approach aligns with CoTec's strategy to invest in technologies which accelerate critical mineral production and deliver early revenue. CoTec is actively exploring joint venture opportunities to identify operating assets where Ceibo's technology could be deployed, further demonstrating CoTec's commitment to accelerating the commercialization and global impact of this breakthrough technology." Ceibo's advanced leaching technology leverages cutting-edge chemistry, data analytics, and AI-driven modeling to enhance copper recovery from primary sulfide ores such as chalcopyrite. By enabling copper extraction from ores previously considered too difficult to process on-site, Ceibo's solution addresses the industry's shift from oxide to sulfide ores and supports a more efficient, lower carbon production process. If scaling is successful, CoTec believes that Ceibo's technology will deliver significant economic and environmental benefits, including faster project timelines, lower operating costs, and reduced environmental footprints. These advantages could fundamentally reshape copper production globally and help meet the growing demand for copper in the green economy. CoTec participated in Ceibo's Series B financing round in 2022, joining a consortium of leading mining-focused investors, including BHP Ventures, Orion Industrial Ventures, and Unearth Capital, alongside existing investors Khosla Ventures and Aurus Ventures. In total, Ceibo raised over US$30 million in that round to advance its technology towards commercialization. In November 2024, Ceibo announced it had partnered with Glencore's Lomas Bayas mining company to deploy Ceibo's proprietary leaching technologies. About CoTecCoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ("TSX-V") and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. Please visit For further information, please contact:Braam Jonker - (604) 992-5600 Forward-Looking Information Cautionary StatementStatements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to Ciebo and it progress relating to copper production and future success, as well as management's expectations with respect to other current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR profile at The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: CoTec Holdings Corp.
Indianapolis Star
4 days ago
- Business
- Indianapolis Star
CoTec Investment Ceibo Successfully Produces Copper Cathodes at Demo Plant, Marking a Major Milestone in Copper Sulfide Leaching Technology
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ('CoTec' or the 'Company') is pleased to announce that its investment, Ceibo Inc. ('Ceibo'), has achieved a significant milestone with the successful production of copper cathodes at a demonstration plant in partnership with Chilean copper producer Compañía Minera San Gerónimo ('CMSG'). The achievement validates the significant progress Ceibo's proprietary copper sulfide leaching technology has achieved and demonstrates its potential to revolutionize copper production. For more information on Ceibo's announcement, please visit: Ceibo Successfully Launches Copper Production at Compañía Minera San Gerónimo (CMSG). The demonstration plant, constructed at CMSG's mine in northern Chile, began construction in February 2025 and delivered its first copper cathodes just three months later. The plant has operated continuously since commissioning, showcasing the speed, reliability, and scalability of Ceibo's leaching process. This process integrates seamlessly with existing infrastructure, enabling faster and more efficient copper recovery than conventional methods, while unlocking resources once considered too challenging or uneconomical to process. Julian Treger, CEO of CoTec, commented: 'We are excited to see Ceibo's technology successfully produce copper cathodes at their demo plant. This achievement is a testament to the quality, strength and dedication of the Ceibo team and underscores the transformative potential of their technology in the copper sector. Global copper supply is critical to the energy transition, Ceibo's approach aligns with CoTec's strategy to invest in technologies which accelerate critical mineral production and deliver early revenue. CoTec is actively exploring joint venture opportunities to identify operating assets where Ceibo's technology could be deployed, further demonstrating CoTec's commitment to accelerating the commercialization and global impact of this breakthrough technology.' Ceibo's advanced leaching technology leverages cutting-edge chemistry, data analytics, and AI-driven modeling to enhance copper recovery from primary sulfide ores such as chalcopyrite. By enabling copper extraction from ores previously considered too difficult to process on-site, Ceibo's solution addresses the industry's shift from oxide to sulfide ores and supports a more efficient, lower carbon production process. If scaling is successful, CoTec believes that Ceibo's technology will deliver significant economic and environmental benefits, including faster project timelines, lower operating costs, and reduced environmental footprints. These advantages could fundamentally reshape copper production globally and help meet the growing demand for copper in the green economy. CoTec participated in Ceibo's Series B financing round in 2022, joining a consortium of leading mining-focused investors, including BHP Ventures, Orion Industrial Ventures, and Unearth Capital, alongside existing investors Khosla Ventures and Aurus Ventures. In total, Ceibo raised over US$30 million in that round to advance its technology towards commercialization. In November 2024, Ceibo announced it had partnered with Glencore's Lomas Bayas mining company to deploy Ceibo's proprietary leaching technologies. About CoTec CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ('TSX-V') and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. Please visit For further information, please contact: Braam Jonker – (604) 992-5600 Forward-Looking Information Cautionary Statement Statements in this press release regarding the Company and its investments which are not historical facts are 'forward-looking statements' which involve risks and uncertainties, including statements relating to Ciebo and it progress relating to copper production and future success, as well as management's expectations with respect to other current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social disruptions. For further details regarding risks and uncertainties facing the Company please refer to 'Risk Factors' in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR profile at The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: CoTec Holdings Corp.
Miami Herald
02-06-2025
- Business
- Miami Herald
CoTec Holdings Corp. Announces TSXV Approval Of Convertible Loan With Kings Chapel International Limited
VANCOUVER, BC / ACCESS Newswire / June 2, 2025 / CoTec Holdings Corp. (TSXV:CTH) ("CoTec" or the "Company") today announces that it has received the approval of the TSX Venture Exchange (the "TSXV") for the conversion component of its convertible loan agreement dated November 25, 2024 (as amended, the "Convertible Loan Agreement") with Kings Chapel International Limited ("Kings Chapel"), previously disclosed in the Company's news releases dated November 25, 2024 and February 28, 2025. The outstanding principal amount under the Convertible Loan Agreement as at May 30, 2025 is $6,351,387 and $664,668 in interest has accrued thereunder. The outstanding principal amount under the Convertible Loan Agreement will be converted into common shares of the Company ("Common Shares") (i) at any time at Kings Chapel's election, at a price of CAD$0.75 per Common Share, and (ii) automatically at a price of CAD$0.75 per Common Share, on the first day on which the volume weighted average trading price of the Common Shares on the principal stock exchange on which the Common Shares are then traded over the immediately preceding 15 trading days is equal to or greater than CAD$1.00. No conversion of the outstanding principal amount will occur to the extent that, after giving effect to the conversion, Kings Chapel, its affiliates and any person with whom Kings Chapel or its affiliates would own more than 49% of the outstanding Common Shares. Kings Chapel is an existing insider and Control Person (as defined by TSX Venture Exchange ("TSXV") Rules) of the Company. Julian Treger, a director of the Company and its Chief Executive Officer, is a beneficiary of a family trust associated with Kings Chapel. As a result, the execution of the Convertible Loan Agreement was a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI61-101"). The execution of the Convertible Loan Agreement was exempt from the formal valuation requirements of MI 61-101 pursuant to subsection 5.5(b) of MI 61-101 because the Common Shares are listed only on the TSXV and is exempt from the minority shareholder approval requirements of MI 61-101 pursuant to subsection 5.7(1)(a) of MI 61-101 because the fair market value of neither the Convertible Loan Agreement nor the Common Shares issuable pursuant to the conversion of the outstanding principal amount under the Convertible Loan Agreement exceed 25% of the Company's market capitalization as determined in accordance with MI 61-101. All securities issuable in connection with the Convertible Loan Agreement will be subject to a statutory hold period of four months plus a day from the date of the Convertible Loan Agreement in accordance with applicable securities legislation in Canada. About CoTec CoTec is a publicly traded investment issuer listed on the TSXV and the OTCQB and trades under the symbol CTH and CTHCF respectively. CoTec is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. For more information, please visit For further information, please contact: Braam Jonker - (604) 992-5600 Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: CoTec Holdings Corp.
USA Today
02-06-2025
- Business
- USA Today
CoTec Holdings Corp. Announces TSXV Approval Of Convertible Loan With Kings Chapel International Limited
CoTec Holdings Corp. (TSXV:CTH) ('CoTec' or the 'Company') today announces that it has received the approval of the TSX Venture Exchange (the 'TSXV') for the conversion component of its convertible loan agreement dated November 25, 2024 (as amended, the 'Convertible Loan Agreement') with Kings Chapel International Limited ('Kings Chapel'), previously disclosed in the Company's news releases dated November 25, 2024 and February 28, 2025. The outstanding principal amount under the Convertible Loan Agreement as at May 30, 2025 is $6,351,387 and $664,668 in interest has accrued thereunder. The outstanding principal amount under the Convertible Loan Agreement will be converted into common shares of the Company ('Common Shares') (i) at any time at Kings Chapel's election, at a price of CAD$0.75 per Common Share, and (ii) automatically at a price of CAD$0.75 per Common Share, on the first day on which the volume weighted average trading price of the Common Shares on the principal stock exchange on which the Common Shares are then traded over the immediately preceding 15 trading days is equal to or greater than CAD$1.00. No conversion of the outstanding principal amount will occur to the extent that, after giving effect to the conversion, Kings Chapel, its affiliates and any person with whom Kings Chapel or its affiliates would own more than 49% of the outstanding Common Shares. Kings Chapel is an existing insider and Control Person (as defined by TSX Venture Exchange ('TSXV') Rules) of the Company. Julian Treger, a director of the Company and its Chief Executive Officer, is a beneficiary of a family trust associated with Kings Chapel. As a result, the execution of the Convertible Loan Agreement was a related party transaction subject to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI61-101'). The execution of the Convertible Loan Agreement was exempt from the formal valuation requirements of MI 61-101 pursuant to subsection 5.5(b) of MI 61-101 because the Common Shares are listed only on the TSXV and is exempt from the minority shareholder approval requirements of MI 61-101 pursuant to subsection 5.7(1)(a) of MI 61-101 because the fair market value of neither the Convertible Loan Agreement nor the Common Shares issuable pursuant to the conversion of the outstanding principal amount under the Convertible Loan Agreement exceed 25% of the Company's market capitalization as determined in accordance with MI 61-101. All securities issuable in connection with the Convertible Loan Agreement will be subject to a statutory hold period of four months plus a day from the date of the Convertible Loan Agreement in accordance with applicable securities legislation in Canada. About CoTec CoTec is a publicly traded investment issuer listed on the TSXV and the OTCQB and trades under the symbol CTH and CTHCF respectively. CoTec is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. For more information, please visit For further information, please contact: Braam Jonker – (604) 992-5600 Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: CoTec Holdings Corp. View the original press release on ACCESS Newswire
Miami Herald
29-05-2025
- Business
- Miami Herald
CoTec Holdings Corp. Files First Quarter Financial Statements And MD&A
VANCOUVER, BC / ACCESS Newswire / May 29, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce that it has filed its unaudited interim condensed consolidated financial statements and the accompanying management discussion and analysis ("MD&A") for the three months ended March 31, 2025. The financial statements and MD&A can be accessed under the Company's SEDAR profile at . Julian Treger, CoTec CEO commented; "CoTec had an exceptional start to the year. Our main priority for the quarter was the continued roll-out of HyProMag USA, our Joint Venture U.S. based rare earth elements ("REE") magnet recycling and permanent magnet manufacturing Project. HyProMag USA selected its preferred bidder for engineering, procurement and construction management ("EPCM") services, culminating in the engagement of PegasusTSI Inc. ("Pegasus") and BBA USA Inc. ("BBA") and the commencement of the detailed design and engineering phase shortly after quarter-end. We have also expanded the scope of the detailed engineering to include three HPMS [i] vessels and initiated concept studies for further expansion and complementary "Long Loop" Recycling." "The Project will play a key role in supporting the U.S. strategy of reshoring manufacturing capability, reducing dependence on foreign magnets and rare earths, which is a top priority for the Trump administration. The increased production capacity could also allow the flexibility to produce a wider range of products and specialist magnets, further improving both financial returns and the Project's ability to become a supplier of choice. HyProMag USA is continuing its ongoing discussions with high-ranking officials in the U.S. Government regarding financial support and project acceleration. The HPMS process remains extremely cost competitive and has independently quantified its exceptionally low CO 2 footprint compared to industry alternatives. "CoTec secured two new complementary critical mineral technologies targeting the use of Multi-Gravity Technology for the recovery of ultra fine iron and manganese and a joint collaboration with McGill University, Québec, Canada ("McGill") "WaveCracker TM " which will investigate extended applications of microwave technologies with the aim of improving low-carbon, economic recovery of valuable metals from a range of mineral targets, with a starting focus on copper recoveries particularly in advanced sulphide leaching application." "CoTec believes the significant strategic and commercial value presented by our 60.3 % direct and indirect stake in HyProMag USA combined with the value of our Lac Jeannine project and our other investments, far exceed our current share price. We are encouraged by recent improvements in our share price, but our market valuation still significantly lags the recent uplift in our REE peer group and the disconnect between our share price and the intrinsic value of our assets remains material. We are working hard to address this matter through various investor outreach programs which have been initiated." The Company announced a comprehensive loss for the quarter of $1,7 million mainly driven by G&A expenses of $709k and non-cash foreign exchange losses on equity investments and share based compensation of $200k and $269k respectively. Highlights for the quarter include: Operational Invested US$148,500, and US$132,071 into MagIron LLC ("MagIron") on February 4, 2025, and on March 25, 2025, respectively to maintain its undiluted equity interestCompleted the selection process and commenced negotiations with Pegasus and BBA for their engagement to provide EPCM services for HyProMag USA project with an engagement contract signed on April 20, 2025. Environment and permitting studies will be supported by U.S.-based Weston Solutions, Project WaveCracker TM with McGill University, Québec, targeting the application of microwave technology to accelerate sulphide copper leachingEntered exclusivity and collaboration agreement with Salter for the use of its multi-gravity technology for the recovery of ultra fine iron and manganeseHyProMag USA expanded detailed design and engineering phase to include three hydrogen processing of magnet scrap ("HPMS") vessels and initiate concept studies for further expansion, including long loop recyclingHyProMag USA completed independent ISO-Compliant Product Carbon Footprint Study with Minviro Limited ("Minviro"). Minviro confirmed an exceptionally low CO 2 footprint of 2.35 kg CO 2 eq. per kg of NdFeB cut sintered block Corporate Executive informational overview report on the Company released by Crystal Research Associates LLC. on February 18, 2025Drew down $500k on January 6, and February 6, 2025, respectively on the Kings Chapel Convertible Loan AgreementAgreed an amendment to the Convertible Loan Agreement with Kings Chapel International Limited on February 28, 2025. Pursuant to the amendment, the principal amount available to the Company under the Convertible Loan Agreement was increased by up to $2.5 million. All other terms remain unchangedDrew down an additional $500 under the Kings Chapel Convertible Loan Agreement on March 5, and March 19, 2025, respectivelyEngaged Investing News Network to support an advertising and investor awareness campaign About CoTec CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ("TSX-V") and the OTCQB and trades under the symbols CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector. Please visit For further information, please contact: Braam Jonker - (604) 992-5600 Forward-Looking Information Cautionary Statement Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the roll out of its HyProMag USA and Lac Jeannine projects and its investment in Salter, as well as management's expectations with respect to other current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR profile at The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR at Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
