Cotec Holdings Corp. Provides Operational Overview and 2024 Key Targets

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Overig advies 30/01/2024 11:08
VANCOUVER, BC / ACCESSWIRE / January 29, 2024 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to provide an overview of its 2023 operational highlights and key targets for 2024.

On August 12, 2021, the Company announced its change of name to CoTec Holdings Corp., Julian Treger's future appointment as CEO of the Company and its intended change of business.

Following its successful change of business, CoTec was re-listed on the TSXV in April 2022. It has subsequently completed four investments, attracted a highly experienced and senior Board of Directors and Executive Management, and began pursuing operational roll-out opportunities for two of its technology investments.

Since 2021, the Company's share price has increased almost 300% from C$0.16 to its current level of C$0.60. The Company is of the view that CoTec shares are trading significantly below its intrinsic value.

2023 was an extremely successful year for CoTec, laying the foundation for its transformation from an investor in disruptive natural resource technology to a resource producer applying such technologies to marginal and reclamation assets and recycling opportunities. The initial production targets for the Company are the recovery of rare earth elements ("REE") from permanent magnets through the application of the HyProMag technology in the USA and iron concentrate production from the Lac Jeannine property.

2023 Operational Highlights:
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