CoTec Holdings Corp. announced the appointment of Mr. Erez Ichilov to its Board of Directors effective January 1, 2024. Mr. John Conlon will resign as non-executive director on the same date but will remain as an advisor to the Board.

Mr. Ichilov is a seasoned mining and metals executive, director, advisor and investor, with a legal and financial background (LLB, MBA), focused mainly on responsible mining of Battery Materials and other Critical Minerals and sustainable exploration, mining and processing technologies enabling the transition to renewable energy sources and electric transportation on route to global Carbon neutrality. Since 2012, Mr. Ichilov has served as a Managing Director at Traxys Projects LP, the investments and projects arm of the Traxys Group, a well-established global physical trading house with an annual turnover of $10 billion and approximately 500 employees, where he drove the direct and pooled investments Traxys made into Nouveau Monde Graphite, Li-Cycle Holdings Corp., Talon Metals and Nemaska Lithium, into a private Manganese company is South Africa, and more. Previously Mr. Ichilov was the Deputy CEO - Corporate Development of the Ferro-Nickel miner and producer Cunico Resources N.V (2008-2012), then an important producer of refined ferronickel in its two plants and integrated mines in Kosovo and North Macedonia.