Off-market insider buying at CoTec Holdings (CTH)

Off-market insider buying at CoTec Holdings (V:CTH)

Thomas Albanese, a Director, acquired 135,610 Common Shares on a direct ownership basis at a price of $0.750 through a prospectus or prospectus exempt offering on December 19th, 2023. The insider also acquired 135,610 Warrants with an exercise price of $1.250 for 12 months. This represents a $101,708 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also participated in the financing.

CoTec Holdings is in the Mining Support Services & Equipment Sub Industry Group under the Basic Materials Sector.

CoTec Holdings Corp. is a Canada-based environment, social, and governance (ESG)-focused company investing in technologies. The Company focuses on investment in disruptive and scalable technology in the mineral extraction industry and, in parallel, acquiring assets to which the technology could be applied. It supports the transition to a lower carbon future for the extraction industry. It invests in, licenses and owns technologies that are transformative, disruptive and result in lower carbon footprints than existing processes for extracting, refining and processing metals and minerals. Its initial focus is acquiring stakes in multiple technologies, which are disruptive and scalable. Through licensing, joint ventures and operations, it applies its acquired technology interests and rights to assets in multiple commodities. These assets range from traditional mines to waste dumps and recycled scrap.