Mr. Braam Jonker reports

COTEC HOLDINGS CORP. GRANTS DEFERRED SHARE UNITS AND RESTRICTED SHARE UNITS

Cotec Holdings Corp. has granted 66,667 deferred share units (DSUs) to a non-executive director of the company. Furthermore, the company granted 53,333 restricted share units (RSUs) to an adviser to the board of directors. The DSUs and RSUs have been granted under, and are governed by, the terms of the company's omnibus equity incentive plan, and are subject to the policies of the TSX Venture Exchange.

About Cotec Holdings Corp.

Cotec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange (TSX-V) and the OTCQB, and trades under the symbol CTH and CTHCF, respectively. The company is an environment, social and governance (ESG) 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.

We seek Safe Harbor.