CoTec Completes $20 Million Unsecured Convertible Debenture Offering

Bitget2026/10/16 03:26

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CoTec Holdings closed a $7.94 million final tranche of unsecured convertible debentures, bringing the offering total to $20 million.
Insider Kings Chapel International purchased $5 million of the debentures in the final closing.
Proceeds will fund equipment purchases for the HyProMag USA permanent magnet recycling joint venture, working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoTec Holdings Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610152325ACCESSWRNAPR_____1237526) on October 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CoTec Completes $20 Million Unsecured Convertible Debenture Offering

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