CoTec Holdings Corp. Secures Strong Support at Annual and Special Meeting

In a decisive move, CoTec Holdings Corp., a prominent player in the energy sector, has successfully navigated its annual and special meeting of shareholders, held virtually on June 27, 2025. The company, which operates on the TSX Venture Exchange and trades under the symbols CTH and CTHCF, announced that all resolutions were passed by the requisite majority, underscoring strong shareholder confidence.

The meeting saw the re-election of all seven incumbent directors: Julian Treger, Raffaele (Lucio) Genovese, Tom Albanese, Margot Naudie, Sharon Fay, Erez Ichilov, and Robert Harward. This unanimous support from shareholders highlights the board’s continued trust and the strategic direction under their leadership.

In addition to board re-elections, shareholders approved the re-appointment of PricewaterhouseCoopers LLP as the company’s auditors for the ensuing year. This decision reflects the shareholders’ confidence in the firm’s auditing capabilities and its role in ensuring financial transparency and integrity.

A significant development from the meeting was the approval of CoTec’s amended and restated omnibus equity incentive plan. This plan is a strategic move to align the interests of the company’s management and shareholders, fostering a culture of long-term value creation.

CoTec Holdings Corp., with a market capitalization of 64,438,817 CAD and a close price of 0.89 CAD as of June 25, 2025, continues to focus on innovative technologies for mineral extraction and processing. The company’s commitment to transforming mineral extraction and processing in Canada remains a cornerstone of its operations.

As CoTec Holdings Corp. moves forward, the strong backing from its shareholders positions the company well to capitalize on opportunities within the energy sector, particularly in the realm of innovative extraction technologies. The board’s re-election and the strategic decisions made at the meeting signal a robust path ahead for CoTec, reinforcing its role as a key player in the energy landscape.