Rock Tech Lithium appoints Cristina Rocco as COO Management capacity expanded to fulfil ambition of closed-loop lithium production for electric vehicle batteries
Rock Tech Lithium appoints Cristina Rocco as
COO
Management capacity expanded to fulfil ambition of closed-loop lithium production for electric
vehicle batteries
VANCOUVER, BC
,
April 26
. 2022
/CNW/ - Rock Tech Lithium Inc (the "Company" or "Rock Tech") is
pleased to announce the appointment of
Cristina Rocco
as Chief Operating Officer (COO), effective from
May 1, 2022
.
Ms. Rocco has previously worked for various global companies and has extensive experience in the energy
sector. She will be responsible for Rock Tech Lithium's operational activities in
Europe
and
Canada
, including
the construction of the first lithium hydroxide converter in
Germany
.
Commenting on Ms. Rocco's appointment, Markus Brügmann, CEO, Rock Tech Lithium said, "We are very
pleased to welcome Cristina to our team. She significantly increases Rock Tech's management capacity with
her vast industry experience and expertise in optimizing the processes of fast-growing companies."
Ms. Rocco will work with Brügmann to execute Rock Tech Lithium's vision. The Company plans to produce
high-purity battery-grade lithium hydroxide for electric car batteries in Guben, Brandenburg, starting in 2024.
About Rock Tech Lithium Inc.
Rock Tech Lithium (TSX-V: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) is a cleantech company
with operations in
Canada
and
Germany
that aims to supply the automotive industry with high-quality, "made
in
Germany
" lithium hydroxide. As early as 2024, Rock Tech intends to commission
Europe's
first lithium
converter with a production capacity of 24,000 tonnes per year. This is equivalent to the volume needed to
equip around 500,000 electric cars with lithium-ion batteries.
Rock Tech owns the Georgia Lake Project in
Ontario, Canada
. The company has set itself the goal of
creating the world's first closed-loop for lithium, thus closing the raw material gap on the road to clean
mobility. As early as 2030, around 50 percent of the raw materials used are expected to come from the
recycling of batteries.
Rock Tech Lithium - The super fuel for the battery age
www.rocktechlithium.com
On behalf of the Board of Directors,
Dirk Harbecke
Chairman
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
The following cautionary statements are in addition to all other cautionary statements and disclaimers
contained elsewhere in, or referenced by, this press release.
Certain information set forth in this press release contains "forward-looking information" and "forward-looking
statements" (collectively, "forward-looking information") within the meaning of applicable securities laws,
which are based on Rock Tech's current expectations, estimates, and assumptions in light of its experience
and is perception of historical trends. All statements other than statements of historical facts may constitute
forward-looking information. Often, forward-looking information can be identified by the use of words or
phrases such as "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar
expressions, as well as "will", "shall" and all other indications of future tense. All forward-looking information
set forth in this press release is expressly qualified in its entirety by the cautionary statements referred to in
this section.
In particular, this new release contains forward-looking information pertaining to: the features and location of
the proposed Converter, including the costs and benefits thereof; statements regarding future plans,
estimates, and schedules relating to the Company's Converter strategy; statements regarding future
activities undertaken in connection with the MoU; anticipated production of lithium hydroxide and related
processing methods; statements and expectations regarding the electric vehicle industry; Rock Tech's
planning, approval and decision-making process, including relevant factors taken into consideration by the
Company; 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 contained in this press release is based on certain assumptions, estimates,
expectations, analysis 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. Such assumptions,
estimates and other factors include, among other things: the supply and demand for, deliveries of, and the
level and volatility of prices of, feedstock and intermediate and final lithium products, 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, results of
development and exploration, Rock Tech's ability to procure supplies and other equipment necessary for its
business. 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, estimates and factors to be
reasonable based on information currently available, they may prove to be incorrect. Forward-looking
information should not be read as a guarantee of future performance or results.
In addition, forward-looking information involves known and unknown risks and uncertainties and other
factors, many of which are beyond Rock Tech's control, that may cause Rock Tech's actual events, results,
performance and/or achievements to be materially different from that which is expressed or implied by such
forward-looking information. Risks and uncertainties that may cause actual events, results, performance
and/or achievements to vary materially include the Company's ability to access funding required to invest in
available opportunities and projects (including the proposed Converter) and on satisfactory terms, the current
and potential adverse impacts of the COVID-19 pandemic and recent geopolitical hostilities, the anticipated
benefits of MoU may not be realized; the risk that Rock Tech will not be able to meet its financial obligations
as they fall due, changes in commodity and other prices, Rock Tech's ability to attract and retain skilled staff
and to secure feedstock from third party suppliers, unanticipated events and other difficulties related to
construction, development and operation of the proposed Converter, the cost of compliance with current and
future environmental and other laws and regulations, title defects, competition from existing and new
competitors, changes in currency, exchange rates and market prices of Rock Tech's securities, Rock Tech's
history of losses, impacts of climate change and other risks and uncertainties described from time to time in
Rock Tech's public disclosure documents available on the Company's SEDAR profile at
www.sedar.com
,
including those discussed under the heading "Financial Instruments and Other Risks" in Rock Tech's most
recently filed Management Discussion and Analysis. Such risks and uncertainties do not represent an
exhaustive list of all risk factors that could cause actual events, results, performance and/or achievements to
vary materially from the forward-looking information.
We cannot assure you that actual events, results, performance and/or achievements will be consistent with
the forward-looking information and management's assumptions may prove to be incorrect. Forward-looking
information reflects Rock Tech management's views as at the date the information is created. 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.
Given these uncertainties, readers are cautioned not to rely on the forward-looking information set forth in
this press release.
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For further information:
Wolfgang Böhm, Press and Public Relations, Rock Tech Lithium Inc., 777 Hornby
Street, Suite 600, Vancouver, B.C., V6Z 1S4, Telephone: +49 30 44 33 61 - 33, Facsimile: (604) 670-0033,
Email: [email protected]
CO: Rock Tech Lithium Inc.
CNW 09:09e 26-APR-22