CoTec Holdings Completes $2.5M Private Placement

EastCoal (TSE:CTH) has released an update.

CoTec Holdings Corp. has successfully concluded its non-brokered private placement, raising over $2.5 million by issuing units at $0.50 each, with proceeds aimed at funding key projects and general corporate needs. The placement, which saw significant insider participation, adheres to regulatory exemptions and will support CoTec’s ESG-focused strategy in the mining sector.

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