COTEC HOLDINGS CORP Stock Price, News & Analysis

CoTec Holdings (OTCQB:CTHCF) and Mkango Resources announced that HyProMag USA has begun stockpiling feedstock through Intelligent Lifecycle Solutions (ILS) for rare earth magnet recycling. The initiative will take place at ILS sites in Williston, South Carolina and Reno, Nevada, with pre-processing expected to start before December 31, 2025.

HyProMag USA aims to secure 6-12 months of feedstock before commissioning its advanced rare earth magnet recycling and manufacturing plant in Dallas-Fort Worth, Texas. The project utilizes Hydrogen Processing of Magnet Scrap (HPMS) technology and follows a positive feasibility study from last year. ILS, a certified electronics recycling company, will provide full traceability to support the circular economy and critical mineral supply chains in the United States.

CoTec Holdings (OTCQB:CTHCF) has announced multiple equity compensation grants to its directors and officers. The company granted 1,152,104 stock options exercisable at $0.91 per share for 10 years, with one-third vesting annually over three years.

Additionally, CoTec issued 329,670 deferred share units to board members and 1,076,365 restricted share units to a director and two officers, with RSUs vesting equally over a three-year period.

CoTec Holdings (OTCQB:CTHCF) has released its Q2 2025 financial statements and MD&A, reporting significant operational progress across its portfolio despite a $4.0 million net loss. The company successfully raised $13.5 million through an oversubscribed financing round and secured an additional $6.6 million in convertible loan facilities.

Key developments include: HyProMag USA's rare earth magnet project advancing with a potential US$92 million financing from U.S. Export-Import Bank; commencement of drilling at the Lac Jeannine iron ore project; Ceibo's first copper cathode production at demonstration scale; and MagIron's progress toward completing its NI 43-101 feasibility study. The company also strengthened its balance sheet by converting $6.85 million of convertible debt to equity.

CoTec Holdings (OTCQB:CTHCF) has announced significant changes to its financing structure. The company has completed the automatic conversion of its existing Kings Chapel convertible loan of $4,851,387 into 6,468,515 common shares at $0.75 per share, triggered by the company's 15-day VWAP exceeding $1.00.

Additionally, CoTec has secured new convertible loan facilities totaling $6.6 million from Kings Chapel ($5 million) and Epic Capital ($1.6 million). These new loans carry a 10% annual interest rate, mature on December 31, 2028, and are convertible at $1.15 per share after November 15, 2025. Automatic conversion will trigger if the 15-day VWAP exceeds $1.35 after December 31, 2025.

Following the conversion, Kings Chapel's ownership increased to 43.08% of outstanding shares, with CEO Julian Treger maintaining a 3% stake.

CoTec Holdings (OTCQB:CTHCF) announced that Kings Chapel International has converted $2 million of its convertible loan into 2,666,667 CoTec common shares at a conversion price of CAD$0.75 per share. The conversion was executed under the amended and restated convertible loan agreement dated November 19, 2024.

Following this conversion, the remaining principal amount owed by CoTec under the Convertible Loan Agreement stands at $4,351,387.

CoTec Holdings (OTCQB:CTHCF) has announced an upcoming investor update presentation. CEO Julian Treger will lead the session on Wednesday, July 30, 2025 at 7:00am PDT / 10:00am EDT.

The presentation will include a Q&A session, and interested investors can participate by registering through the provided link at 6ix.com.

CoTec Holdings (OTCQB:CTHCF) and Mkango Resources have announced that HyProMag USA has entered into a significant feedstock supply agreement with Intelligent Lifecycle Solutions (ILS). The agreement establishes pre-processing sites in South Carolina and Nevada for storing and processing neodymium iron boron (NdFeB) magnets from hard disk drives and other sources.

The partnership will support HyProMag USA's upcoming Dallas-Fort Worth manufacturing hub, which aims to produce 1,557 metric tons of NdFeB materials annually within five years of commissioning. The facility will utilize advanced HPMS technology and create 90-100 skilled jobs. Notably, the operation boasts an exceptionally low carbon footprint of 2.35 kg CO2 eq. per kg of NdFeB product.

CoTec Holdings (OTCQB:CTHCF) has successfully completed its private placement and LIFE Offering, raising total gross proceeds of $13.5 million through the issuance of 17,339,336 units at $0.78 per unit. The final closing brought in $1.1 million, exceeding the initial target by 35%.

Each unit consists of one common share and one purchase warrant exercisable at $1.20 for 18 months. The proceeds will fund the HyProMag USA rare earth magnet recycling facility, Lac Jeannine iron tailings drill program, and other corporate purposes. Insiders Kings Chapel and CEO Julian Treger participated in the final closing, purchasing 192,307 and 230,769 units respectively.

CoTec Holdings (OTCQB:CTHCF) has completed the third and final closing of its upsized Listed Issuer Financing Exemption (LIFE) offering, raising total proceeds of $12.4 million to date, significantly exceeding its initial $10 million target.

The offering consists of Units priced at $0.78 each, with each Unit comprising one common share and one purchase warrant exercisable at $1.20 for 18 months. The final LIFE closing raised $4.57 million through 5,864,800 Units, bringing the total LIFE offering proceeds to $8.5 million.

Proceeds will fund the HyProMag USA rare earth magnet recycling facility design, Lac Jeannine iron tailings drill program, and additional investment obligations.