RCK.V · 2024-05-13 12:00:00

Rock Tech Lithium Announces Adoption of Advance Notice By-Law

Shareholder Meetings

PRESS RELEASE

TORONTO, May 13, 2024 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB)

(WKN: A1XF0V) (“ Rock Tech” or the “Company ”) announces that it has adopted an "Advance

Notice By-law" to establish the conditions and framework under which registered or beneﬁcial

owners of common shares of the Company (“ Shareholders”) may exercise their right to submit

director nominations by ﬁxing a deadline by which such nominations must be submitted by a

Shareholder to the Company prior to any annual or special meeting of shareholders, and sets

forth the information that a shareholder must include in the notice to the Company for the notice

to be in proper written form in accordance with the Canada Business Corporations Act (the "Act").

The Advance Notice By -law provides a clear process for Shareholders to follow for director

nominations, and will help ensure that all Shareholders receive adequate notice and information

about director nominees in order to exercise their voting rights in an informed manner.

Among other things, the Advance Notice By -Law ﬁxes deadlines by which shareholders must

notify the Company of director nominations prior to any annual or special meeting of

s h a r e h o l d e r s w h e r e d i r e c t o r s a r e t o b e e l e c t e d . I t a l s o s e t s f o r t h t h e i n f o r m a ti o n a b o u t t h e

proposed nominee that a shareholder must include in the notice for it to be valid.

In the case of an annual shareholder meeting, notice to the Company must be given not less than

30 days prior to the date of the annual meeting . In the event that the annual meeting is to be

held on a date that is less than 50 days after the ﬁrst public announcement of the meeting's date,

notice may be given not later than the close of business on the 10 th day following such

announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to

the Company must be given not later than the close of business on the 15th day following the ﬁrst

public announcement of the date of the special meeting.

The Advance Notice By -Law also prescribes the proper written form for a Shareholder's notice

and provides that the Company's Board of Directors may, in its sole discretion, waive any

requirement under these provisions. The Advance Notice By-Law is eﬀective immediately and will

be placed before shareholders for approval, conﬁrmation and ratiﬁcation at next Annual and

Special Meeting of Shareholders of the Company on June 27, 2024 (the "Meeting"). Pursuant to

the provisions of the Act, the Advance Notice B y-Law will cease to be eﬀective unless it is

approved, ratiﬁed and conﬁrmed by a resolution adopted by a majority of the votes cast by the

shareholders of the Company at the Meeting.

-2-

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 doorstep 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 is planned to be built in Red

Rock, Ontario, Canada. Rock Tech plans to sour ce 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.

Forward-looking statements by their nature are based on assumptions and involve known and unknown risks, uncertainties and other fact ors

which may cause the 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. Such uncertainties and factors include, among others, failure of Shareholders to ratify the Advance Notice By-Law.

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.

For further information: Rock Tech Lithium Inc, 2400 -333 Bay Street, Toronto ON M5H 2T6, CAN, Konstantin Burger, Head of Investor

Relations, [email protected] +49 89 244109149

← Back to feed