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CoTec Holdings completes initial closing of CAD 12.06 million unsecured convertible debenture offering

PUBT·09/17/2026 22:26:02
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CoTec Holdings completes initial closing of CAD 12.06 million unsecured convertible debenture offering
  • CoTec completed an initial closing of a non-brokered private placement of unsecured convertible debentures worth $12.06 million.
  • Additional closing planned, subject to TSXV approval; Kings Chapel International agreed to backstop up to $5 million.
  • Proceeds earmarked for equipment purchases for the HyProMag USA permanent magnet recycling joint venture, working capital, general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoTec Holdings Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609171825ACCESSWRNAPR_____1223458) on September 17, 2026, and is solely responsible for the information contained therein.