CoTec, Copper Intelligence DRC Joint Venture

CoTec Holdings and Copper Intelligence Inc. have signed a non-binding term sheet to form an early-stage exploration joint venture. This partnership, which also involves investment vehicles associated with Julian Treger and Lucio Genovese, will focus on processing historical Copper tailings in the Democratic Republic of the Congo's Central African Copperbelt. The joint venture aims to leverage CoTec Holdings's technologies to enhance the economic potential of these sites and redundant Copper deposits. Opportunities will undergo detailed due diligence and require approval from CoTec Holdings's independent board members. The initiative also targets funding from the United States — United States Agency for International Development once it achieves sufficient scale. Copper Intelligence Inc. is noted for solidifying its status as the first stand-alone Democratic Republic of the Congo company to be publicly traded in the United_States.