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CoTec Holdings Corp. Announces Withdrawal From International Zeolite Corp. Transaction

CoTec Holdings Corp. Announces Withdrawal From International Zeolite Corp. Transaction

CoTec Holdings Corp. 宣布退出国际沸石公司的交易
Accesswire ·  2023/01/26 07:37

VANCOUVER, BC / ACCESSWIRE / January 25, 2023 / CoTec Holdings Corp. (TSXV:CTH) ("CoTec" or the "Company") announces that it has notified International Zeolite Corp. ("IZ") of its withdrawal from the previously announced proposed strategic investment ("Investment").

温哥华,卑诗省/ACCESSWIRE/2023年1月25日/COTEC控股公司(多伦多证券交易所股票代码:CTH)(“COTEC”或“公司”)宣布,已通知国际沸石公司(“IZ”)退出先前宣布的拟议战略投资(“投资”)。

The Investment was subject to the completion of due diligence, TSX-V approval and other terms customary for a transaction of this nature.

这笔投资需要完成尽职调查、多伦多证券交易所的批准以及此类交易的其他惯常条款。

CoTec has concluded that certain technical aspects required for the completion of the Investment need additional testing. These test results together with some regulatory approvals could not be achieved within the timeframe envisaged by CoTec.

COTEC的结论是,完成投资所需的某些技术方面需要额外的测试。这些测试结果以及一些监管批准无法在COTEC设想的时间框架内实现。

Julian Treger, CoTec CEO commented, "We thank the IZ team for the opportunity to evaluate this transaction and we wish them all the best as they continue with the development of their product offering. We will be monitoring their progress."

COTEC首席执行官朱利安·特雷格表示:“我们感谢IZ团队有机会评估这笔交易,我们祝愿他们在继续开发产品时一切顺利。我们将密切关注他们的进展。”

About CoTec

关于COTEC

CoTec is an ESG-focused company investing in innovative technologies that have the potential to fundamentally change the way metals and minerals can be extracted and processed. The Company 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. CoTec is a publicly traded mining issuer listed on the Toronto Venture Stock Exchange and trades under the symbol CTH.V

COTEC是一家专注于ESG的公司,投资于创新技术,这些技术有可能从根本上改变金属和矿物的提取和加工方式。该公司致力于支持采掘业向低碳未来的过渡,该行业正处于一场绿色革命的边缘,因为它拥抱技术和创新。COTEC是一家公开交易的矿业发行人,在多伦多风险证券交易所上市,交易代码为CTH.V

For further information, please contact:

如需更多信息,请联系:

Braam Jonker - (604) 992-5600

布拉姆·容克电话:(604)992-5600

Forward-Looking Information Cautionary Statement

前瞻性信息警示声明

Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" that involve risks and uncertainties, including statements relating to management's expectations with respect to its current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR profile at .

本新闻稿中有关该公司及其投资的非历史事实的陈述是涉及风险和不确定因素的“前瞻性陈述”,包括与管理层对其当前和潜在的未来投资的预期有关的陈述,以及从这些陈述中可能隐含的对公司的好处。由于前瞻性陈述涉及未来的事件和情况,因此它们本身就包含固有的风险和不确定性。每一种情况的实际结果都可能与此类陈述中目前预期的结果大不相同。有关公司面临的风险和不确定因素的更多详情,请参考公司2022年4月6日提交的声明中的“风险因素”,该声明的副本可在公司的SEDAR简介中找到,网址为:。

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。

SOURCE: CoTec Holdings Corp.

资料来源:COTEC控股公司


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