CoTec Confirms Stock Option, Delayed Stock Share, and Limited Stock Share Allotments
CoTec Holdings Corp., a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry, has granted a total of 1,152,104 incentive stock options to its directors and officers. These options have an exercise price of $0.91 per share, are exercisable for a period of 10 years, and vest over three years at a rate of one-third per year [1][2][4].
In addition to the incentive stock options, CoTec has also issued 329,670 deferred share units (DSUs) to members of its Board of Directors as compensation, and 1,076,365 restricted share units (RSUs) to a director and two officers. The RSUs also vest over three years, with one-third vesting every 12 months, starting from the grant date of August 14, 2025 [1][3][4].
The grants are part of CoTec's long-term incentive plan aimed at aligning management and directors’ interests with shareholders, supporting its strategic goal of sustainable growth in the metals and minerals industry [1].
CoTec employs a dual approach: investing in disruptive mineral extraction technologies and applying these technologies to undervalued mining assets. The company's stock symbol on TSXV is CTH, and on OTCQB it is CTHCF [5].
For more detailed information, investors are encouraged to review CoTec's continuous disclosure documents, including its filing statement dated April 6, 2022, which can be found on SEDAR at www.sedar.com [6].
It is important to note that forward-looking statements in this press release involve risks and uncertainties, including resource and reserve risks, environmental risks, labor costs, supply and price fluctuations, increases in energy costs, labor disputes, project delays, cost overruns, extreme weather conditions, and social disruptions [7].
CoTec Holdings Corp. can be contacted for an Investor Presentation, with Braam Jonker serving as the contact person, reachable at (604) 992-5600 [8]. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
| Equity Instrument | Quantity | Recipients | Exercise Price | Vesting | Term | |------------------|----------|------------|----------------|--------|------| | Incentive Stock Options | 1,152,104 | 1 director, 2 officers | $0.91 | 1/3 per year over 3 years | 10 years | | Deferred Share Units (DSUs) | 329,670 | Board members | N/A | N/A | N/A | | Restricted Share Units (RSUs) | 1,076,365 | 1 director, 2 officers | N/A | 1/3 per year over 3 years | N/A |
[1] CoTec Holdings Corp. press release, August 14, 2025. [2] CoTec Holdings Corp. news release, August 16, 2025. [3] CoTec Holdings Corp. news release, August 17, 2025. [4] CoTec Holdings Corp. news release, August 18, 2025. [5] CoTec Holdings Corp. website, accessed August 20, 2025. [6] CoTec Holdings Corp. SEDAR filings, accessed August 20, 2025. [7] CoTec Holdings Corp. press release, August 14, 2025. [8] CoTec Holdings Corp. press release, August 14, 2025.
CoTec Holdings Corp., being a company involved in finance and business through resource extraction, has announced the issuance of various equity instruments to directors and officers as part of its long-term incentive plan. These instruments include incentive stock options for investing in the company, deferred share units as compensation, and restricted share units that also vest over three years, all aimed at aligning management and directors’ interests with shareholders, supporting the company's goal of sustainable growth in the metals and minerals industry.
