VANCOUVER, BC, March 17,
2023 /CNW/ - Rock Tech Lithium Inc. (TSXV:
RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) ("Rock Tech") has
accepted the resignation of Ms. Jutta Dönges effective 28 February 2023. Ms. Dönges has recently been
appointed member of the Management Board and Chief Financial
Officer of Uniper, a renowned international power generation and
energy trading company. Ms. Dönges' resignation is a result of
German regulatory restrictions on the number of board positions
that can be held concurrently.
Rock Tech's Chairman, Dirk
Harbecke said: "We thank Jutta for her short but intense
service to Rock Tech and wish her success in her new and very
demanding role. We all appreciate that Jutta has taken the chance
to support us with her expertise."
On behalf of the Board of Directors,
Dirk Harbecke
Chairman
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. 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 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. Rock Tech's goal: to
create a closed-loop lithium production system.
www.rocktechlithium.com
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" within
the meaning of applicable Canadian securities laws, which are based
on Rock Tech's current expectations, estimates, and assumptions in
light of its experience and its 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 press release contains forward-looking
information pertaining to: Rock Tech's development of its proposed
lithium projects, including expectations and outlooks related
thereto; Rock Tech's strategic transition and growth, including
related actions and opportunities; Rock Tech's corporate
development activities and commercial negotiations, including the
timing and outcomes thereof; Rock Tech's opinions, beliefs and
expectations regarding its business strategy, development and
exploration opportunities and projects; and plans and objectives of
management for Rock Tech's operations and properties.
Forward-looking information contained in this press release is
based on certain assumptions, estimates, expectations, analysis and
opinions of Rock Tech 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: expected growth, performance
and business operations, future commodity prices and exchange
rates, prospects, growth opportunities and financing available to
Rock Tech, 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 Rock Tech's ability to access funding required
to invest in available opportunities and projects and on
satisfactory terms, the current and potential adverse impacts of
the COVID-19 pandemic and recent geopolitical hostilities; 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 Rock Tech's proposed lithium converter(s) and other
projects, 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 Rock Tech's SEDAR profile at
www.sedar.com, including those discussed under the heading "Risk
Factors" in Rock Tech's annual and most recently filed interim
Management Discussion and Analysis and its Annual Information Form,
respectively. 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.
Rock Tech cannot assure readers 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.
SOURCE Rock Tech Lithium Inc.