Rock Tech Attends PDAC 2024 and Invites Shareholders and Investors To Visit Booth 2340
Rock Tech Attends PDAC 2024 and
Invites Shareholders and Investors To
Visit Booth 2340
TORONTO, Feb. 26, 2024 /CNW/ - Rock Tech Lithium Inc. (TSXV:
RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the
"Company" or "Rock Tech") is pleased to announce that it will
participate in this year's Prospectors & Developers Association of
Canada convention (PDAC) in Toronto, March 3-6 2024. Rock Tech's
team will be hosting investors, partners, and the public at the
Company's booth. The Company also announces that it has granted
stock options (the "Options) to certain directors, officers and
employees of the Company.
Rock Tech Lithium attending PDAC 2024 (CNW Group/Rock Tech
Lithium Inc.)
Rock Tech Lithium is attending this year's Prospectors & Developers
Association of Canada Convention (PDAC) in Toronto. The Company
is hosting booth number 2340 in the Investor Exchange area at the
Metro Toronto Convention Centre (MTCC). Rock Tech will showcase
its Georgia Lake mining project and the development for its Northern
Ontario Lithium Converter. Kerstin Wedemann, the Company's newly
appointed Chief Legal & Operations Officer, will also be attending the
show. Please contact the team at [email protected] to
schedule a meeting or simply stop by the booth during the
convention.
The company also announces that is has granted 3,170,000 stock
options to certain directors, officers and employees of the
Company. All Options were granted in accordance with the
Company's Stock Option Plan. 1,250,000 of the options were issued
to Directors and Officers of the Company. The Options were granted
at an exercise price of $1.13. The Options will vest immediately and
are exercisable for a five-year term, expiring February 21, 2029.
ABOUT ROCK TECH
Rock Tech is a cleantech company with operations in Canada and
Germany on a mission to produce lithium hydroxide for electric vehicle
batteries. The Company plans to build lithium converters at the door-
step of its customers, to guarantee supply-chain transparency and
just-in-time delivery, beginning with the Company's proposed lithium
hydroxide merchant converter and refinery facility in Guben, Germany.
The second Lithium converter will be built in Ontario, Canada. Rock
Tech plans to source raw material from its wholly-owned Georgia Lake
spodumene project located in the Thunder Bay Mining District of
Ontario, Canada, as well as procuring it from other responsibly
producing mines. In the years to come, the Company expects to also
source raw material from discarded batteries. To close the most
pressing gap in the clean mobility story, Rock Tech has gathered one
of the strongest teams in the industry. The Company has adopted
strict environmental, social and governance standards and is
developing a proprietary refining process aimed at further increasing
efficiency and sustainability. Rock Tech's goal: to create a closed-loop
lithium production system.
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.
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, e.g.
as described in the section "About Rock Tech". There may be other
factors that cause actual results to differ materially from the forward-
looking statements, including the risks, uncertainties and other factors
discussed in the Company's most recent management's discussion
and analysis and annual information form filed with the applicable
securities regulators.
No assurances can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, and the Company
cautions the reader not to place undue reliance upon any such
forward-looking statements. The Company does not intend, nor does it
assume any obligation to update or revise any of the forward-looking
statements, whether as a result of new information, changes in
assumptions, future events or otherwise, except to the extent required
by applicable law.
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SOURCE Rock Tech Lithium Inc.
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For further information: Rock Tech Lithium Inc.; 2400-333 Bay
Street, Toronto ON M5H 2T6, Canada; Konstantin Burger, Head of
Investor Relations - [email protected].
CO: Rock Tech Lithium Inc.
CNW 16:30e 26-FEB-24