CoTec Grants Stock Options, Deferred and Restricted Share Units

CoTec Holdings Corp. announced the granting of 1,152,104 incentive stock options within its 10% rolling stock option plan. These options, given to one director and two officers, are effective from August 14, 2025. They are exercisable over 10 years at a price of $0.91 per common share, with a third vesting yearly over three years.

The company also issued 329,670 deferred share units to its Board of Directors and 1,076,365 restricted share units to a director and two officers according to its long-term incentive plan. Both the deferred and restricted units share the same effective date and three-year vesting schedule, with a third vesting annually.