TORONTO, June 28,
2024 /CNW/ - Rock Tech Lithium Inc. (TSXV: RCK)
(OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock
Tech") is pleased to announce it has held its Annual General
and Special Meeting of Shareholders (as holders of Common Shares)
(the "Meeting"). Detailed information regarding each of the matters
voted upon at the Meeting is provided in the management information
circular of the Company dated May 23,
2024 (the "Circular"), available on the Company's SEDAR+
profile at https://www.sedarplus.ca. A total of 13,460,174 Common
Shares, representing approximately 13.29% of the issued and
outstanding Common Shares, were represented at the Meeting. All
matters voted upon were duly authorized and approved by
Shareholders.
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 Red Rock, 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.
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.
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,
forward-looking statements contained in this news release include
expectations as described in the section "About Rock Tech".
Forward-looking statements by their nature are based on
assumptions and involve known and unknown risks, uncertainties and
other factors which may cause the actual results to differ
materially from the forward-looking statements. The material
factors or assumptions used to develop the forward-looking
statements include: the Exploration Expenditures, the existence of
certain spodumene pegmatites, the possible type of mining and
concentration of lithium; the distance required for transportation
of concentrate; the Company's ability to procure equipment
necessary for its business; that all required regulatory approvals
and permits can be obtained on the necessary terms in a timely
manner; and that financing will be available to the Company on
commercial terms. There may also 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.