Mr. Braam Jonker reports

COTEC ANNOUNCES STOCK OPTION GRANT

Cotec Holdings Corp. has granted a total of 279,954 incentive stock options to a director and officer of the company pursuant to the company's 10-per-cent rolling stock option plan.

The options have an effective grant date of Jan. 25, 2024, and are exercisable for a period of 10 years at a price of 75 cents per common share, with one-third of the options vesting every 12 months, over a three-year period.

About Cotec Holdings Corp.

Cotec is a publicly traded investment issuer listed on the TSX Venture Exchange and the OTCQB, and trades under the symbol CTH and CTHCF, respectively. The company is an environment, social and governance focused company investing in innovative technologies. These technologies 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.