Rock Tech Lithium Inc. announces the issuance of shares to an Arm’s length service provider pursuant to the terms of a Shares-for-Services Agreement. The Company, subject to the approval of the TSX Venture Exchange, will issue 22,414 common shares at a deemed price of $0.58 per share. The shares will be subject to a statutory hold period expiring on October 6, 2019. Additionally, the Company has canceled 100,000 [...]
Rock Tech Lithium Inc. is pleased to announce that it has seconded staff from Environmental Applications Group Inc. for the provision of technical services. EAG Inc. staff will lead the permitting process including design of related technical studies, planning and consultation for Rock Tech’s Georgia Lake lithium project in Ontario, Canada. EAG Inc. has demonstrated a strong track record of achieving environmental [...]
Rock Tech Lithium Inc. is pleased to provide a Letter to Shareholders from Chief Executive Officer, Martin Stephan: “Volkswagen ‘Breaks the Ice’ in the Lithium World” A few days ago, Volkswagen made a groundbreaking announcement of a long-term lithium supply agreement with a major lithium producer. This important development will have a ripple effect across the entire electric vehicle supply chain [...]
Rock Tech Lithium Inc. announces that it has closed a non-brokered private placement of 778,892 units at a price of $0.90 per unit for gross proceeds of $701,003. Each unit consists of one common share of the Company and one half of one share purchase warrant. Each full warrant will entitle the holder to purchase an additional common share at a price of $1.25 per share expiring on April 8, 2022, subject to accelerated [...]
Rock Tech Lithium Inc. announces that it will conduct a non-brokered private placement of 777,778 units at a price of $0.90 per unit for gross proceeds of $700,000. Each unit will consist of one common share of the Company and one half of one share purchase warrant. Each full warrant will entitle the holder to purchase an additional common share at a price of $1.25 per share for a period of 36 months from the date of [...]
Rock Tech Lithium Inc. is pleased to announce that all matters set forth in the management proxy and information circular dated February 6, 2019, were approved by the shareholders of Rock Tech at the Company’s Annual General Meeting in Vancouver on March 8, 2019. All directors, as set forth in the Circular, were elected with each director receiving at least 98.39% of the votes cast for the election of directors. Mr [...]
Rock Tech Lithium Inc. is pleased to announce assay results from a trenching and channel sampling program completed on the McVittie area of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada. The trenching program, following up on the positive results from the Company's Preliminary Economic Assessment announced October 2, 2018, suggests the main McVittie [...]
Rock Tech Lithium Inc. . From the desk of Martin Stephan, director and Chief Executive Officer of Rock Tech Lithium Inc.: A Positive Perfect Storm Brewing The stock market closed 2018 on a very weak tone. Not only did the overall market slip into negative territory on heavy selling in December, resource stocks did so as well. Share prices of lithium companies were down again, after having lost much ground already in the [...]
Rock Tech Lithium Inc. [TSX-V: RCK; Frankfurt: RJIB ] is pleased to announce that, further to its news release dated October 2, 2018, an NI 43-101 Technical Report completed by DMT GmbH & Co. KG has been filed on SEDAR. The Technical Report, a Preliminary Economic Assessment, assesses the economic potential at Rock Tech's flagship 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada. On behalf of the [...]
Rock Tech Lithium Inc. is pleased to announce that it has mobilized a trenching crew to the McVittie area of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada. Martin Stephan, Chief Executive Officer of Rock Tech, commented, "We are excited to begin the trenching program following up on the positive results from our Preliminary Economic Assessment announced [...]
Rock Tech Lithium Inc. [ ], at the request of the Investment Industry Regulatory Organization of Canada , clarifies certain statements made in a news release distributed on October 2, 2018, disclosing the results of a Preliminary Economic Assessment at its flagship 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada. The news release included a reference to Earnings [...]
Rock Tech Lithium Inc. [TSX-V: RCK; Frankfurt: RJIB ] is pleased to announce the results of a Preliminary Economic Assessment at its flagship 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada. Rock Tech engaged DMT GmbH & Co. KG to complete the PEA. The results of the PEA include a pre-tax Net Present Value of $312 million at a discount rate of 8% and a pre-tax Internal Rate of Return of 62.2 [...]