Mr. Julian Treger reports

COTEC HOLDINGS CORP. ANNOUNCES WARRANT EXERCISE BY KINGS CHAPEL

Kings Chapel International has exercised all 833,332 of the share purchase warrants that it received in connection with Cotec Holdings Corp.'s equity financing that closed in July, 2025.

The warrants had an exercise price of $1.20 per share, resulting in approximately $1-million of gross proceeds to the company. After giving effect to the exercise of the warrants, the company has 99,940,639 issued and outstanding common shares.

Julian Treger, Cotec's chief executive officer, commented: "The exercise of these warrants further strengthens Cotec's balance sheet and reflects Kings Chapel's continued long-term support for the company's strategy. We remain focused on disciplined execution and advancing value across the portfolio."

Kings Chapel is a trust associated with Mr. Treger and continues to be a long-term shareholder of Cotec.

The proceeds from the warrant exercise further enhance Cotec's financial flexibility and support the advancement of the company's portfolio of strategic materials and resource recovery investments.

About Cotec Holdings Corp.

Cotec Holdings is redefining the future of resource extraction and recycling. Focused on rare earth magnets and strategic materials, Cotec integrates breakthrough technologies with strategic assets to unlock secure, sustainable and low-cost supply chains.

Cotec's mission is clear: accelerate the energy transition while strengthening strategic mineral supply chains for the countries Cotec operates in. By investing in and deploying disruptive technologies, the company delivers capital-efficient, scalable solutions that transform marginal assets, tailings, waste streams and recycled products into high-value critical minerals.

From its HyProMag USA magnet recycling joint venture in Texas to iron tailings reprocessing in Quebec to next-generation copper and iron solutions backed by global majors, Cotec is building a diversified portfolio with long-term growth, rapid cash flow potential and high barriers to entry. The result is a differentiated platform at the intersection of technology, sustainability and strategic materials.

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