CoTec Holdings Corp. Enters Copper Industry Through Investment In Early-Stage Revolutionary Copper Leaching Technology

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May 11, 2023

VANCOUVER, BC / ACCESSWIRE / May 11, 2023 / CoTec Holdings Corp. (TSXV:CTH, Financial)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce it has invested US$1.5 million into Ceibo Inc. ("Ceibo"), a Delaware corporation, for a small equity interest. Ceibo, through its wholly-owned Chilean subsidiary has developed a revolutionary process to leach low-grade primary copper sulphides, such as chalcopyrite, and copper waste material using a proprietary high throughput inorganic leaching technology. Jetti Resources LLC, a copper mining extraction company has developed a competitive, though more advanced, technology which has recently been valued at USD2.5 billion.[1]