Mr. Julian Treger reports

COTEC HOLDINGS CORP. ANNOUNCES DTC ELIGIBILITY FOR ELECTRONIC SETTLEMENT OF TRADES IN THE UNITED STATES

Cotec Holdings Corp.'s common shares are now eligible for electronic clearing and settlement in the United States through Depository Trust Company (DTC).

DTC is a subsidiary of Depository Trust & Clearing Corp., a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much-wider selection of brokerage firms by coming into compliance with their requirements.

Julian Treger, Cotec's chief executive officer, commented: "We are very pleased to have finalized this process. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the company's shares in the United States. This development could potentially open up an entirely new segment of investors for our company, which we will be targeting through our investor relations and marketing efforts over the coming months."

About Cotec Holdings Corp.

Cotec is a publicly traded investment issuer. The company is an ESG-focused (environment, social and governance) company investing in innovative technologies that have the potential to fundamentally change the way metals and minerals can be extracted and processed for the purpose of applying those technologies to undervalued operating assets and recycling opportunities, as the company transitions into a mid-tier mineral resource producer.

Cotec is committed to supporting the transition to a lower-carbon future for the extraction industry, a sector on the cusp of a green revolution as it embraces technology and innovation. The company has made four investments to date and is actively pursuing operating opportunities where current technology investments could be deployed.

We seek Safe Harbor.