{
  "id": 9642187,
  "title": "CoTec extends convertible debenture offering deadline to Oct. 15",
  "url": "https://urgent.news/2026/09/24/cotec-extends-convertible-debenture-offering-deadline-to-oct-15",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T22:20:30.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/cotec-extends-convertible-debenture-offering-deadline-to-oct-15-93CH-4916353"
  },
  "original_language": "en",
  "account": "VANCOUVER - CoTec Holdings Corp. has announced plans to extend the deadline for its non-brokered private placement of unsecured convertible debentures, now set for October 15, 2026, pending approval from the TSX Venture Exchange. The offering aims to raise up to $20 million in gross proceeds, with CoTec having already secured $12,059,000 in an initial closing on September 17. Kings Chapel International Ltd. has committed to purchasing up to $5 million in principal amount of convertible debentures at the final closing, should the company not meet its target from third-party investors. The offering's terms and conditions remain unchanged, but completion is contingent upon obtaining all necessary approvals, including TSXV approval. CoTec, which specializes in rare earth magnets and strategic materials, operates projects in Texas and Quebec.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}