Mr. Braam Jonker reports

COTEC HOLDINGS CORP. APPOINTS RETIRED VICE-ADMIRAL ROBERT HARWARD AS NON-EXECUTIVE DIRECTOR

Cotec Holdings Corp. has appointed retired Vice-Admiral Robert Harward to its board of directors effective March 4, 2024.

Julian Treger, Cotec chief executive officer, commented: "We are very pleased to welcome Bob Harward to our board. Bob's unique experience gained as a vice-admiral, U.S. Navy SEAL and as a senior defence technology executive will complement our board and help to drive Cotec's strategy of applying innovative technologies to otherwise overlooked assets including critical minerals and recycling rare earth elements."

Mr. Harward is a retired United States Navy vice-admiral (SEAL) and a former deputy commander of the United States Central Command. He served on the U.S. National Security Council in the White House and led several multinational special forces commands in Afghanistan and Iraq. He joined Lockheed Martin in 2014 as its chief executive in the United Arab Emirates and expanded his responsibilities to cover the Middle East, leaving to join Shield AI as executive vice-president for international business development and strategy based in the UAE.

Mr. Harward commented: "Cotec is very well placed to help secure critical minerals and disruptive technologies vital to Western interests and the United States. I look forward to joining the Cotec board and working with the team to grow the company in this exciting opportunity."

About Cotec Holdings Corp.

Cotec is a publicly traded investment issuer listed on the Toronto Venture Stock 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 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.

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