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CoTec Announces Annual Stock Option, Restricted Share Unit And Deferred Share Unit Grants

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CoTec (TSXV:CTH / OTCQB:CTHCF) granted equity awards under its Long Term Incentive Plan with an effective grant date of April 30, 2026 (closing price $1.34).

Grants include 598,274 stock options exercisable at $1.34 for 10 years (1/3 vesting annually over three years), 1,364,482 restricted share units vesting 1/3 per year, and 213,919 deferred share units for directors vesting after 12 months.

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VANCOUVER, BC / ACCESS Newswire / May 1, 2026 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") announces the grant of incentive stock options, restricted share units and deferred share units pursuant to the Company's Long Term Incentive Plan ("LTIP"), with an effective grant date of April 30, 2026, based on the closing price of the Company's common shares on the TSX Venture Exchange on that date of $1.34.

Stock Options

A total of 598,274 incentive stock options (the "Options") have been granted to employees of the Company. The Options are exercisable for a period of 10 years at a price of $1.34 per common share, with 1/3 of the Options vesting every 12 months over a three-year period.

Restricted Share Units

A total of 1,364,482 restricted share units ("RSUs") have been issued, comprising 1,329,557 RSUs to officers of the Company and 34,925 RSUs to a consultant of the Company, pursuant to the Company's LTIP. The RSUs vest over a three-year period as to 1/3 per annum, with the first vesting 12 months after issuance.

Deferred Share Units

A total of 213,919 deferred share units ("DSUs") have been issued to members of the Board of Directors as compensation in lieu of directors' fees. The DSUs vest 12 months following the date of issuance.

About CoTec

CoTec 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 U.S. economic and national security. 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 high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas, to iron tailings reprocessing in Québec, to next-generation copper and iron solutions backed by global majors, CoTec is building a diversified portfolio with long-term growth, rapid cash flow potential, and high barriers to entry. The result is a differentiated platform at the intersection of technology, sustainability, and strategic materials.

For more information, please visit www.cotec.ca

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" that involve risks and uncertainties, including statements relating to management's expectations with respect to its current and potential future investments, the value of such 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: general economic, political and market factors in North America and internationally, interest and foreign exchange rates, changes in costs of goods and services, global equity and capital markets, business competition, technological change, changes in government relations, industry conditions, unexpected judicial or regulatory proceedings and catastrophic events. As the investments are being made in mineral extraction technology, such investments will also be subject to risks of successful application, scaling and deployment of technology, acceptability of technology within the industry, availability of assets where technology could be applied, protection of intellectual property in relation to such technology, successful promotion of technology and success of competitor technology. Any material adverse change in the Company's financial position or a failure by the Company to successfully make investments in the manner currently contemplated, could have a corresponding material adverse change on the investments and, by extension, the Company. 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 and its other continuous disclosure documents, copies of which may be found under the Company's SEDAR+ profile at www.sedarplus.ca. 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 press release and are encouraged to read the Company's continuous disclosure documents, which are available on SEDAR+ at www.sedarplus.ca.

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.



View the original press release on ACCESS Newswire

FAQ

What equity awards did CoTec (CTHCF) grant on April 30, 2026?

CoTec granted 598,274 options, 1,364,482 RSUs and 213,919 DSUs on April 30, 2026. According to CoTec, awards were issued under the LTIP using the TSXV closing price of $1.34 on that date.

What are the terms of the CoTec (CTHCF) stock options granted in April 2026?

The options number 598,274, are exercisable for 10 years at $1.34 per share, and vest one-third annually. According to CoTec, vesting occurs over three years with the grant effective April 30, 2026.

Who received the 1,364,482 RSUs from CoTec (CTHCF) and how do they vest?

CoTec issued 1,364,482 RSUs: 1,329,557 to officers and 34,925 to a consultant. According to CoTec, RSUs vest one-third per year over three years, first vesting 12 months after issuance.

What are CoTec's (CTHCF) deferred share units (DSUs) details for directors?

CoTec issued 213,919 DSUs to board members as fee compensation, with vesting 12 months after issuance. According to CoTec, the DSUs were granted under the LTIP and replace cash director fees.