Rock Tech Lithium Welcomes Dr. Beate Degen to its Board of Directors TORONTO ,
Rock Tech Lithium Welcomes Dr. Beate Degen to its Board
of Directors
TORONTO
,
April 4, 2025
/CNW/ -
Rock Tech Lithium Inc.
(TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V)
(the
"Company" or "Rock Tech")
is pleased to announce the appointment of Dr.
Beate Degen
to its Board of Directors, effective
immediately.
Dr. Degen is an accomplished advisor, entrepreneur, and non-executive director with extensive global expertise spanning strategy
& innovation, sustainability, artificial intelligence, and risk management. She brings diverse experience across industries including
commodities, life sciences, deep tech, and financial services. Prior to building her portfolio of board roles, Dr. Degen held senior
strategic leadership and finance positions at chemical-pharmaceutical giant Bayer AG, Ernst & Young as well as tech start-ups.
Simultaneously, Rock Tech announces the resignation of
Klaus Schmitz
from the Board of Directors.
"Welcoming Beate to Rock Tech's Board is a significant enhancement to our team. In today's constantly evolving business
landscape, her extensive global expertise in strategic leadership and financing will be a valuable asset to the Company. I would
also like to sincerely thank
Klaus Schmitz
who has been with the Company since 2021 for his dedicated work for Rock Tech in
various positions, which has been essential in turning our vision of building the first German lithium converter into reality. We wish
Klaus all the best for his future endeavours."
On behalf of the Board of Directors,
Dirk Harbecke
Chairman & CEO
ABOUT ROCK TECH
Rock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a
100% recycling rate. To ensure resilient supply chains, the company plans to build lithium converters at the doorstep of its
customers, beginning with the Company's proposed Lithium Hydroxide Converter in Guben, Brandenburg,
Germany
. The second
Converter is planned to be built in,
Ontario, Canada
. Rock Tech Lithium plans to source raw material from its own
Georgia Lake
spodumene project in the Thunder Bay Mining District of
Ontario, Canada
, and procure from other ESG-compliant mines.
Ultimately, Rock Tech's goal is to create a closed-loop lithium production system. Rock Tech has gathered one of the strongest
teams in the industry to close the most pressing gap in the clean mobility story. The Company has adopted strict environmental,
social and governance standards and is developing a proprietary refining process to increase efficiency and sustainability further.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION
Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and
are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address
events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this
news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects",
"forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to
identify forward-looking statements. In particular, this news release contains forward-looking information pertaining to: the
intended use of proceeds from the Offering and allocation thereof; listing of the Unit Shares on the TSX-V, including obtaining the
final acceptance of the TSX-V; discussions with strategic and financial investors to explore potential opportunities for investments
directly at the project level, including the Company's converter projects in
Germany
and
Canada
and the Georgia Lake
Project; and Rock Tech's opinions, beliefs and expectations regarding the Company's business strategy, development and
exploration opportunities and projects, and plans and objectives of management for the Company's operations and properties.
Forward-looking information is based on certain assumptions, estimates, expectations and opinions of the Company and, in
certain cases, third party experts, that are believed by management of Rock Tech to be reasonable at the time they were made.
Forward-looking information is derived utilizing numerous assumptions regarding, among other things: the satisfaction of the
conditions to obtain final acceptance of the TSX-V approval for the listing of the Unit Shares on the TSX-V; the supply and
demand for, deliveries of, and the level and volatility of prices of, feedstock and intermediate and final lithium products; that all
required regulatory approvals and permits can be obtained on the necessary terms in a timely manner; expected growth,
performance and business operations; future commodity prices and exchange rates; prospects, growth opportunities and
financing available to the Company; general business and economic conditions; the costs and results of exploration, development
and operating activities; Rock Tech's ability to procure supplies and other equipment necessary for its business; and the accuracy
and reliability of technical data, forecasts, estimates and studies. The foregoing list is not exhaustive of all assumptions which
may have been used in developing the forward-looking information. While Rock Tech considers these assumptions to be
reasonable based on information currently available, they may prove to be incorrect and should not be read as a guarantee of
future performance or results. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims
any responsibility, obligation or undertaking to update or to revise any forward-looking information, whether as a result of new
information, future events or otherwise, to reflect any change in Rock Tech's expectations or any change in events, conditions or
circumstances on which any such information is based. The forward-looking information contained herein is presented for the
purposes of assisting readers in understanding Rock Tech's plans, objectives and goals and is not appropriate for any other
purposes.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF
THIS RELEASE.
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For further information:
For further information: Konstantin Burger, VP IR: [email protected] +49 89 244109149, Rock
Tech Lithium Inc, 2400-333 Bay Street, Toronto ON M5H 2T6, CAN.
CO: Rock Tech Lithium Inc.
CNW 16:00e 04-APR-25