Rock Tech Receives Exchange Approval for Convertible Loan
March 14 2013 - 4:51PM
Access Wire
Vancouver, BC, Canada - March 14, 2013 - Rock Tech Lithium Inc.
(the "Company") (TSX-V: RCK; Frankfurt: RJIA; Pink Sheets: RCKTF)
announces that it has received Exchange approval for the $600,000
loan transaction previously announced on February 25, 2013. The
loan has an interest rate of 10% and is due on March 13, 2014. The
principal amount of the loan and any interest accrued thereon may
be converted at the lender's option to acquire shares of the
Company at a price of 10 cents per share. Any securities issued in
connection with the loan will be subject to a statutory hold
period, expiring July 14, 2013.
On behalf of the Board of Directors of the Company,
"Afzaal Pirzada"
Afzaal Pirzada, P. Geo.
Director, Vice President of Exploration and interim CEO
For further information please contact:
Brad Barnett
Vice President of Corporate Finance and Development
Rock Tech Lithium Inc.
789 West Pender Street, Suite 1205
Vancouver, B.C., V6C 1H2
Telephone: (604) 688-1140
Facsimile: (604) 688-1173
Email: bbarnett@rocktechlithium.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Statements included in this announcement, including statements
concerning our plans, intentions and expectations, which are not
historical in nature are intended to be, and are hereby identified
as, "forward-looking statements". Forward-looking statements may be
identified by words including "anticipates", "believes", "intends",
"estimates", "expects" and similar expressions. The Company
cautions readers that forward-looking statements, including without
limitation those relating to the Company's future operations and
business prospects, are subject to certain risks and uncertainties
that could cause actual results to differ materially from those
indicated in the forward-looking statements.
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