Announcement • Apr 29
Rock Tech Lithium Inc., Annual General Meeting, Jun 26, 2026 Rock Tech Lithium Inc., Annual General Meeting, Jun 26, 2026. Location: ontario, toronto Canada Price Target Changed • Apr 27
Price target increased by 34% to CA$2.95 Up from CA$2.20, the current price target is an average from 2 analysts. New target price is 201% above last closing price of CA$0.98. Stock is down 2.5% over the past year. The company is forecast to post a net loss per share of CA$0.08 next year compared to a net loss per share of CA$0.11 last year. New Risk • Feb 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 15% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 33% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (15% increase in shares outstanding). Market cap is less than US$100m (CA$122.4m market cap, or US$89.4m). Announcement • Feb 26
Rock Tech Lithium Inc. announced that it has received CAD 4.671827 million in funding Rock Tech Lithium Inc. announced a non-brokered private placement of 4,671,827 units at a price of CAD 1 per unit for aggregate gross proceeds of CAD 4,671,827 on February 25, 2026. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 1.15 per warrant share for a period of 36 months following the date of issuance of such warrant, subject to and in accordance with the terms and conditions of the certificate evidencing such warrant, including adjustment in certain circumstances. Closing of the Offering remains subject to receipt of final approval of the TSX Venture Exchange. The transaction included participation from two existing institutional shareholders. Breakeven Date Change • Dec 22
Forecast to breakeven in 2026 The 2 analysts covering Rock Tech Lithium expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 31% to 2025. The company is expected to make a profit of CA$10.2m in 2026. New Risk • Nov 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$9.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.8m free cash flow). Earnings are forecast to decline by an average of 51% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CA$39m net loss in 3 years). Market cap is less than US$100m (CA$91.1m market cap, or US$65.2m). Announcement • Aug 13
Rock Tech Lithium Inc. Receives Further Research Funding from German Government Rock Tech Lithium Inc. announced that it has been awarded funding from the Bundesministerium für Forschung, Technologie und Raumfahrt (Federal Ministry for Research, Technology and Space) for the project "ELiSePro – Efficient Lithium Recovery Using Selective Processes". The aim of this initiative is to further increase lithium yield in the converter process at the Guben site, making a significant contribution to Germany's raw material independence. The project will be implemented in collaboration with RWTH Aachen University, highlighting the strong partnership between industry and leading academic research in Germany. The total funding amount is approximately EUR 250,000. As part of the project, various state-of-the-art ion separation methods (including nanofiltration, capacitive deionization, and lithium-ion sieves) will be systematically compared to minimize lithium losses in the process. The results will be evaluated based on economic and technological criteria and are intended for direct industrial application in the Guben converter in order to increase the recovery. Innovative findings will also be published in scientific journals and be patented. In the past few months, Rock Tech has received funding from several public sources, to become a technological leader in lithium processing. This new funding underlines the strategic relevance of Rock Tech and its projects in Canada and Germany, the latter one of which was selected as strategic project under the EU Critical Raw Materials Act (CRMA). After having granted funding from EIT RawMaterials under the prestigious KAVA (Knowledge and Innovation Activities) grant program (EUR 800,000) as well as from Ontario's Critical Minerals Innovation Fund (CMIF) to advance lithium ore sorting technologies (CAD 388,000), this new funding is the third program to position Rock Tech as strategic relevant player in the lithium industry. Announcement • Jul 08
Rock Tech Lithium Inc. Clarifies Technical Disclosure Relating to the Lopare Lithium Project Rock Tech Lithium Inc. is issuing this news release based on a review by staff of the Ontario Securities Commission to clarify that the mineral resource estimate disclosed for Arcore AG's Lopare Lithium Project ("Lopare Lithium Project" or the "Project") in the Company's news release dated February 20, 2025 is considered by the Company to be a "istorical estimate" within the meaning of Section 2.4 of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101"). The source of the historical estimate for the Project is a report completed for Arcore, which is a private Switzerland-based lithium mining company. The report titled "Lopare-Boron-Lithium-Project" was completed by independent mining consultants CSA Global Pty Ltd. ("CSA Global"), an ERM Group Company, and has an effective date of November 30, 2022. This report was not completed in accordance with NI 43-101 and Form 43-101F1 Technical Report disclosure standards and is currently not publicly available or available on SEDAR+. The historical estimate and report were completed and reported in accordance with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the "JORC Code"). The historical estimate is considered relevant and reliable as it demonstrates the Project's significant lithium and boron resource potential and was completed using current mining industry best practice standards for mineral resource estimation. However, the Company cautions readers that this historical estimate was not completed using CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014) and CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (November 2019) and is not supported by a technical report completed in accordance withNI 43-101. In addition, under the JORC (2012) Code standards, Measured, Indicated, and Inferred mineral resources can be aggregated, which is not permitted under NI 43-101. The Lopare Lithium Project historical estimate was completed by CSA Global using a block model method with grade estimation completed using inverse distance weighting squared (IDW2). The historical estimate was reported within a conceptual open-pit shell and determined using a lithium carbonate price of USD 40,000/t and boric oxide price of USD 1,322 (equivalent to a boric acid (H3BO3) price of USD 750/t). These conceptual parameters and costs were determined by CSA Global to support reasonable prospects for eventual economic extraction. The historical estimate was reported above a cut-off grade of 400 ppm Li2O and for material less than 400 ppm Li2O, a 4% B2O3 cut-off grade was applied. The historical estimate is based on 14,035 assay sample results from 69 historical drill holes. Additional technical work is required prior to upgrading or verifying the historical estimate. Specifically, a field exploration program and diamond drilling program focused on confirming existing geological and drill hole data, including twinning a selection of specific drill holes, is required in order to verify or upgrade the historical estimate to a current mineral resource. At this time, Rock Tech does not have direct access to the Lopare Lithium Project site and, as such, has not been able to conduct independent verification or due diligence on the geological data. There are no other historical estimates for the Lopare Lithium project. A Qualified Person has not done sufficient work to classify this historical estimate as current mineral resources and Rock Tech is not treating this historical estimate as current mineral resource. Update on the Arcore Transaction. Rock Tech is pleased to provide a strategic update on the transaction (the "Transaction") with Arcore, previously announced on February 20, 2025, which aims to establish a fully integrated European lithium company by combining Rock Tech's Guben Converter in Germany with Arcore's Lopare Lithium project in Bosnia-Herzegovina. Since signing the business combination agreement, the Company has continued to work on key workstreams and is carefully assessing the broader context of its project portfolio. The outstanding closing conditions include: Technical and Shareholder Approvals (including TSX Venture Exchange) EUR50 Million Financing Strategy. The completion of the Transaction remains subject to the Transaction remains subject to the completion of the Transaction remains subject To the Transaction remains subject to the transaction remains subject to the fulfillment of closing conditions, including but not limited to the fulfillment of the Transaction remains subject to The completion of the Transaction remains Subject to the completion of closing conditions, including: The completion of the fulfillment of closing conditions, the fulfillment of the completion of the completion of the Transaction remains Subject of the fulfillment of the Transaction remains Subject to The completion of closing conditions, including the Transaction remains subject to the fulfillment of the fulfillment of closing conditions. Announcement • Jun 23
Rock Tech Lithium Inc. Receives $388,074 in Funding from Ontario's Critical Minerals Innovation Fund Rock Tech Lithium Inc. announced that it has received $388,074 in funding from Ontario's Critical Minerals Innovation Fund ("CMIF") to support the development of an ore sorting process for low-grade spodumene ores. This strategic initiative is being conducted in partnership with Queen's University and Stark Technologies and aims to unlock new economic and environmental value from lithium deposits at Rock Tech's Georgia Lake site near Beardmore, Ontario. The funding will accelerate research and pilot testing of innovative ore sorting solutions that target 80% lithium recovery rates from low-grade ores (0.30.5% Li O), traditionally considered uneconomic. The goal is to enhance the viability and sustainability of lithium production in Canada, directly supporting the province's critical minerals strategy and clean energy transition. New Risk • May 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$13m free cash flow). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$18m net loss next year). Market cap is less than US$100m (CA$105.9m market cap, or US$76.7m). Price Target Changed • May 27
Price target increased by 38% to CA$2.20 Up from CA$1.60, the current price target is provided by 1 analyst. New target price is 129% above last closing price of CA$0.96. Stock is down 25% over the past year. The company is forecast to post a net loss per share of CA$0.09 next year compared to a net loss per share of CA$0.15 last year. Announcement • Apr 30
Rock Tech Lithium Inc., Annual General Meeting, Jun 27, 2025 Rock Tech Lithium Inc., Annual General Meeting, Jun 27, 2025. Location: ontario, toronto Canada Announcement • Apr 05
Rock Tech Lithium Inc. Announces Board Changes Rock Tech Lithium Inc. announced the appointment of Dr. Beate Degen to its Board of Directors, effective immediately. Dr. Degen is an accomplished advisor, entrepreneur, and non-executive director with extensive global expertise spanning strategy & innovation, sustainability, artificial intelligence, and risk management. She brings diverse experience across industries including commodities, life sciences, deep tech, and financial services. Prior to building her portfolio of board roles, Dr. Degen held senior strategic leadership and finance positions at chemical-pharmaceutical giant Bayer AG, Ernst & Young as well as tech start-ups. Simultaneously, Rock Tech announces the resignation of Klaus Schmitz from the Board of Directors. Announcement • Mar 28
Rock Tech Lithium Inc. announced that it has received CAD 4 million in funding On March 27, 2025, Rock Tech Lithium Inc closed the transaction. The company issued 1,364,000 Units at a price of CAD 1 per Unit for gross proceeds of CAD 1,364,000 in its final tranche. In aggregate, the Company has issued 4,000,000 Units at a price of CAD 1 per Unit for total gross proceeds of $CAD 4,000,000 - inclusive of the first tranche closing and the second tranche closing. Announcement • Mar 25
Rock Tech Lithium Inc. announced that it has received CAD 2.636 million in funding On March 25, 2025, Rock Tech Lithium Inc. closed the transaction. The company issued an aggregate of 2,636,000 Units at a price of CAD 1 per unit for the gross proceeds of up to CAD 2,636,000. The Units were offered to and subscribed by existing shareholders and new investors, notably funds from Europe. Each Unit consists of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 1.30 per Warrant Share for a period of 36 months following the date of issuance of such Warrant, subject to and in accordance with the terms and conditions of the certificate evidencing such Warrant, including adjustment in certain circumstances. New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 61% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$50m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$124.9m market cap, or US$87.1m). Announcement • Oct 10
Rock Tech Lithium Inc. announced that it expects to receive CAD 1.4 million in funding Rock Tech Lithium Inc. announced a private placement that it will receive funding of CAD 1,400,000 on October 9, 2024. The transaction will include participation from the government of Canada's Critical Minerals Infrastructure Fund. Announcement • Oct 08
Rock Tech Lithium Inc. announced that it has received CAD 3.313798 million in funding Rock Tech Lithium Inc. announced the closing of a non-brokered private placement of units the Company issued an aggregate of 2,761,498 units at a price CAD 1.20 per unit for aggregate gross proceeds of CAD 3,313,798 on October 7, 2024. Each Unit consists of one common share in the capital of Rock Tech and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 1.59 per Warrant Share for a period of 36 months following the date of issuance of such Warrant, subject to and in accordance with the terms and conditions of the certificate evidencing such Warrant, including adjustment in certain circumstances. The Unit Shares and Warrant Shares have been conditionally accepted for listing on the TSX-V, which is subject to the final acceptance of the TSX-V. New Risk • Aug 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 51% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$21m free cash flow). Earnings are forecast to decline by an average of 51% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$39m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (CA$120.6m market cap, or US$89.2m). Breakeven Date Change • Aug 26
No longer forecast to breakeven The analyst covering Rock Tech Lithium no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of CA$121.0m in 2026. New forecast suggests the company will make a loss of CA$59.1m in 2026. New Risk • Aug 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$134.8m (US$97.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$25m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (CA$134.8m market cap, or US$97.3m). Breakeven Date Change • May 26
Forecast to breakeven in 2026 The 2 analysts covering Rock Tech Lithium expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 10% per year to 2025. The company is expected to make a profit of CA$121.0m in 2026. Average annual earnings growth of 97% is required to achieve expected profit on schedule. New Risk • May 01
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$31m free cash flow). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (CA$60m net loss in 3 years). Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (CA$118.5m market cap, or US$86.1m). Breakeven Date Change • May 01
No longer forecast to breakeven The 2 analysts covering Rock Tech Lithium no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$302.0m in 2026. New consensus forecast suggests the company will make a loss of CA$59.7m in 2026. Announcement • Apr 28
Rock Tech Lithium Inc., Annual General Meeting, Jun 27, 2024 Rock Tech Lithium Inc., Annual General Meeting, Jun 27, 2024. New Risk • Mar 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$31m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$31m free cash flow). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (4.6% increase in shares outstanding). Market cap is less than US$100m (CA$119.5m market cap, or US$88.2m). Breakeven Date Change • Mar 11
Forecast to breakeven in 2026 The 3 analysts covering Rock Tech Lithium expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CA$302.0m in 2026. Average annual earnings growth of 51% is required to achieve expected profit on schedule. Board Change • Jan 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Michelle Gahagan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 25
Rock Tech Lithium Inc. announced that it expects to receive CAD 9.999999 million in funding Rock Tech Lithium Inc. announced a non-brokered private placement of up to 7,692,307 units at a price of CAD 1.30 per unit for the aggregate gross proceeds of CAD 9.999999 million on October 24, 2023. Each unit will consist of one common share and one half of one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 1.69 per warrant share for a period of 24 months following the date of issuance of such warrant, subject to and in accordance with the terms and conditions of the certificate evidencing such warrant, including adjustment in certain circumstances. The transaction is expected to close or about November 7, 2023, subject to the satisfaction of certain customary closing conditions, including the approval of the TSX Venture Exchange. The unit shares and the warrants will be subject to four month hold periods in accordance with applicable Canadian securities laws and the rules of the TSXV. Announcement • Oct 19
Rock Tech Lithium Inc Announces Relocation of Canadian Headquarters into the Province of Ontario Rock Tech Lithium Inc. has announced the relocation of its Canadian headquarters into the Province of Ontario effective 01 October 2023. Announcement • Sep 22
Rock Tech Lithium Inc. Appoints Konstantin Burger as Head of Investor Relations Rock Tech Lithium Inc. announced that it has appointed Konstantin Burger as Head of Investor Relations of the Company. Mr. Burger has held various positions within Rock Tech and has been working very closely with the Company's Board and Management. He also served as Managing Director of Rock Tech's German subsidiary. He holds an MBA from SDA Bocconi School of Management in Milan, Italy, and has previously served in various financial management and analyst functions, inter alia with EV manufacturer Tesla. Price Target Changed • Sep 06
Price target decreased by 12% to CA$4.91 Down from CA$5.58, the current price target is an average from 4 analysts. New target price is 160% above last closing price of CA$1.89. Stock is down 44% over the past year. The company is forecast to post a net loss per share of CA$0.43 next year compared to a net loss per share of CA$0.79 last year. Announcement • Jul 06
Rock Tech Lithium Inc. Provides Project Update on Its Mining and Converter Projects Rock Tech Lithium Inc. provided a project update on its mining and converter projects. Rock Tech has made substantial progress in the engineering, development and financing of its two assets, the lithium hydroxide converter in Germany and the Georgia Lake mining project in Canada. The Company has also started the planning and site selection process for its second converter. Rock Tech broke ground on its lithium hydroxide monohydrate (LHM) converter in March 2023. Site access has been secured and basic engineering for the plant has been completed through a series of three thorough engineering studies including the recent Front-End Loading Stage 3 study (FEL3). Test piling and loading tests have been completed and geostatic modeling results are expected in the next weeks. Final approval to build and operate the converter is expected in fourth quarter 2023 and the Company plans to start construction once the final permit is granted. Construction is projected to be completed by the beginning of 2025. First production output is planned for third quarter 2025. After this initial ramp-up phase Rock Tech will begin to produce battery-grade lithium hydroxide starting in first quarter 2026. Utility contracts and procurement of major equipment parts including the pyrometallurgical package, hydrometallurgical package and crystallizer have been prepared. Electrical, Distributed Control System (DCS), Instrumentation and Control (I&C) for the production plant are defined including operating strategy with regards to digitalization, automation and robotics. Supply chain logistics for the feedstock, residues and chemicals have also been defined. The selection of an EPCM contractor is in its final stage and selection will be finalized in the coming weeks. The city of Guben has finished a railway connection tender for the site. The supply of additional feedstock for the converter is in final stages as well. Announcement • Jul 04
Rock Tech Lithium Inc. Receives Positive Assay Results from its 2023 Winter Drill Program Rock Tech Lithium Inc. has received positive assay results from its 2023 winter drill program. The completed step-out drilling aims to support the expansion of known pegmatite zones at its 100%-owned Georgia Lake Lithium project in the Thunder Bay Mining District of Ontario (the "Georgia Lake Project"). Rock Tech has successfully completed the drilling of 17 exploration holes for a total of 3,676 meters in the first months of 2023, at the Main Zone North (MZN) and McVittie deposits. It has received assay results for ten holes drilled around MZN and seven holes that were drilled at McVittie. Rock Tech intends to increase mineral resources at Georgia Lake Project during 2023 and 2024 through a set of phased exploration programmes. The first phase of this commitment ("Phase I") has been the completion of the winter drill programme at MZN and McVittie. Rock Tech is also pleased to announce that it has initiated an extensive summer exploration programme ("Phase II") that will focus on prospecting, mapping, and sampling around high priority targets. The work will be followed by trenching and channel sampling on select prospects in both the Northern Spodumene Pegmatite Area (NSPA) and Southern Spodumene Pegmatite Area (SSPA). This work will follow up on the positive results of the 2022 field programme (see Rock Tech's press release dated January 31, 2023) which sampled pegmatite prospects in close proximity to Rock Tech's NI 43–101 compliant mineral resources (refer to Table 3). Figure 1 and Figure 4 illustrate the locations of the high priority spodumene-bearing prospects at Line 20, Camp 38, Conway East, Caral, Foster Lew, Jean Lake, and Aumacho, where Rock Tech's 2023 summer exploration programme will be focused. The results from Phase II are expected to generate additional drill targets for a Fall 2023 drill programme ("Phase III"). The Georgia Lake Project, located between Nipigon and Beardmore, Ontario is comprised of 1,042 hectares of mineral leases and 5,686 hectares of mineral claims. Samples were taken across every spodumene-bearing pegmatite and 1 metre into the barren host rock on either side of pegmatite dikes. Sample lengths are generally around 1 metre, though individual sample length can be determined based on internal zoning of the dikes and the locations of their contacts. Core to be sampled was cut in half with one half being sent for analysis and the other half remaining in the box for reference. All core is stored at Rock Tech's core facility in Beardmore, Ontario. Each sample was put into its own plastic sample bag with a sample tag and closed with zip ties. 16% of the samples that were submitted to Activation Laboratories Ltd. ("Actlabs") for analysis were QAQC samples. QAQC samples were inserted into the sample stream and consist of a high- and low-grade lithium standards, blank material, and duplicates. Samples were dropped at Actlabs' preparation laboratory in Thunder Bay, Ontario for crushing and pulverizing, and subsequently were sent to Actlabs' geochemistry laboratory in Ancaster, Ontario for analysis of 41 elements using fusion plus ICP-OES or ICP-MS. Sodium peroxide fusion plus ICP-OES was used to analyze for lithium. Actlabs is independent of the Company. Board Change • Jun 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Michelle Gahagan was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Breakeven Date Change • Apr 25
No longer forecast to breakeven The 2 analysts covering Rock Tech Lithium no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of CA$30.0m in 2025. New consensus forecast suggests the company will make a loss of CA$39.0m in 2025. Price Target Changed • Mar 28
Price target decreased by 12% to CA$6.25 Down from CA$7.08, the current price target is an average from 3 analysts. New target price is 139% above last closing price of CA$2.62. Stock is down 55% over the past year. The company is forecast to post a net loss per share of CA$0.52 next year compared to a net loss per share of CA$0.38 last year. Board Change • Mar 13
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Jutta Donges was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions Derivative • Feb 10
CEO & Executive Chairman of the Board exercised options to buy CA$2.5m worth of stock. On the 3rd of February, Dirk Harbecke exercised options to buy 778k shares at a strike price of around CA$0.70, costing a total of CA$544k. This transaction amounted to 10% of their direct individual holding at the time of the trade. Since March 2022, Dirk's direct individual holding has increased from 6.48m shares to 7.66m. Company insiders have collectively bought CA$1.7m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Jan 31
Rock Tech Lithium Inc Announces Positive Assay Results of Summer Exploration Program and Three New Prospects at Georgia Lake Rock Tech Lithium Inc. announced positive assay results of a summer exploration program that identified three new spodumene-pegmatite prospects. The program was completed in the summer of 2022 at its 100%- owned Georgia Lake Lithium project in the Thunder Bay Mining District of Ontario. Rock Tech announced positive assay results of outcrop samples collected at its 100%-owned Georgia Lake project. The Georgia Lake Project, located between Nipigon and Beardmore, Ontario is comprised of 1,042 hectares of mineral leases and 5,686 hectares of mineral claims. The samples were collected during an extensive field exploration program that was completed between July and September of 2022. Work included prospecting and mapping of spodumene- bearing pegmatites in areas both proximal to known deposits and in under-explored areas at the Georgia Lake property. Three new prospects, hereinafter referred as Line 20, Camp 38, and Conway East were identified based on assay results of samples collected from several areas (Refer to Figure 1 and Table 1 below for location and assay results of individual samples). Further trenching and drilling will be used to more precisely determine the dimensions of the spodumene-pegmatites, however the current minimum interpreted strike-extent ranges from 100 metres for Line 20 and Camp 38 to 500 meters for Conway East. Rock Tech plans to conduct a trenching program in the summer of 2023 to follow-up on the positive assay results. Announcement • Jan 13
Rock Tech Lithium Inc. Receives Permission for an Early Start to the Construction of Its Lithium Converter in Guben, Germany Rock Tech Lithium Inc. has received permission for an early start to the construction of its lithium converter in Guben, Germany (the ‘Guben Converter’). The first significant work onsite for this strategic critical mineral project is expected within the upcoming next weeks. From 2025, the Guben Converter is expected to produce around 24,000 tonnes of battery-grade lithium hydroxide. For this purpose, Rock Tech recently received approval from the responsible Brandenburg State Office for the Environment for an early start related to the first tranche of permits. Rock Tech plans to start initial work on the project, with an estimated cost of 683 million euros, on its own property on the industrial park in Guben in the upcoming weeks. Rock Tech applied for the first partial permit and approval for early start in February 2022. In the course of the application procedure, which involved public participation, no objections were received under approval regulations. Rock Tech considers this to be a positive indication of support for the construction of the Guben Converter and at the same time appreciates the efficient and transparent cooperation with the authorities. The approval for an early start is also an encouraging indicator that permission for construction of the Guben Converter will be granted in due course. In November, Rock Tech has submitted the second and final tranche of permit applications for this to the authority. Approval for construction of the Guben Converter is expected from summer 2023 onwards. To date, more than 250,000 working hours and over 45 million euros have been invested by Rock Tech in the planning the design and construction of the Guben Converter. With the early start permission, necessary groundwork as well as the construction of roads, office and storage buildings can begin. Breakeven Date Change • Dec 31
Forecast to breakeven in 2025 The 2 analysts covering Rock Tech Lithium expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of CA$29.0m in 2025. Average annual earnings growth of 32% is required to achieve expected profit on schedule. Recent Insider Transactions Derivative • Dec 23
CEO & Executive Chairman of the Board exercised options to buy CA$2.6m worth of stock. On the 16th of December, Dirk Harbecke exercised options to buy 1m shares at a strike price of around CA$1.00, costing a total of CA$1.2m. This transaction amounted to 18% of their direct individual holding at the time of the trade. Since March 2022, Dirk has owned 6.48m shares directly. Company insiders have collectively bought CA$1.3m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Sep 01
Jutta Dönges and Michelle Gahagan Joins Rock Tech Lithium as Board of Directors Rock Tech Lithium Inc. welcome two new highly experienced members of the Board of Directors. First is Jutta Dönges, the Managing Director of the Federal Republic of Germany Finance Agency. Her election as a director was approved by shareholders at the annual general and special meeting of shareholders held onJune 30, 2022 (the "AGM") and is now fully constituted by receiving the necessary approval of applicable supervisory authorities. In addition, Rock Tech would also like to welcome Michelle Gahagan, an experienced Canadian lawyer and current director of several listed mining and technology companies, whose election as a director of Rock Tech became effective as of the close of the AGM. The Board of Directors is delighted to welcome Jutta Dönges and Michelle Gahagan, two highly respected businesswomen, to the Rock Tech team. As Rock Tech continues to accelerate the implementation of its strategic transition and growth, it is expected that the Board will benefit from Ms. Dönges' and Ms. Gahagans' independence and mix of skills, experience, and qualifications. The election of Ms. Dönges and Ms. Gahagan as directors of Rock Tech was overwhelmingly approved by shareholders at the AGM, with each candidate's election being approved by 99.98% of the votes cast in respect thereof. Jutta Dönges is a well-known and highly renowned German manager, an engineer by training, and Managing Director of the Federal Republic of Germany Finance Agency In that role she is responsible for the Federal Government Financial Market and Economic Stabilization Funds with balance sheets totaling EUR80.6 billion and EUR38.8 billion, respectively. In addition, Ms. Dönges is a Member of the Supervisory Board of Commerzbank AG and TUI AG and brings in-depth financial and capital market expertise, as well as many years of experience in expansion management.In addition, Michelle Gahagan from Canada has joined the Board. Ms. Gahagan is an expert in law and finance and, most importantly, brings with her many years of experience and knowledge in the global mining industry. Currently, Ms. Gahagan's roles include acting as President, Chief Executive Officer and director of General Copper Gold, as well as Chair of the board of directors of Canadian Palladium, both mining exploration companies. Ms. Gahagan's proven trackrecord of executing, managing and monitoring mining exploration programs is expected to support the development of Rock Tech's operations in Canada and its lithium mining assets in the country. Price Target Changed • Aug 23
Price target decreased to CA$7.83 Down from CA$8.67, the current price target is an average from 2 analysts. New target price is 95% above last closing price of CA$4.02. Stock is down 23% over the past year. The company is forecast to post a net loss per share of CA$0.26 next year compared to a net loss per share of CA$0.38 last year. Announcement • Aug 21
Rock Tech Lithium Inc. announced that it has received CAD 9.3875 million in funding On August 19, 2022, Rock Tech Lithium Inc. closed the transaction. The company issued 2,682,143 units for aggregate gross proceeds of CAD 9,387,500.50.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from eight placees. Announcement • Aug 20
Rock Tech Lithium Inc. has completed a Composite Units Offering in the amount of $40.074101 million. Rock Tech Lithium Inc. has completed a Composite Units Offering in the amount of $40.074101 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 11,449,743
Price\Range: $3.5
Discount Per Security: $0.175 Announcement • Aug 14
Rock Tech Lithium Inc. has completed a Composite Units Offering in the amount of $39.724101 million. Rock Tech Lithium Inc. has completed a Composite Units Offering in the amount of $39.724101 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 11,349,743
Price\Range: $3.5 Price Target Changed • Jul 19
Price target increased to CA$8.67 Up from CA$7.83, the current price target is an average from 2 analysts. New target price is 103% above last closing price of CA$4.27. Stock is down 15% over the past year. The company is forecast to post a net loss per share of CA$0.26 next year compared to a net loss per share of CA$0.38 last year. Announcement • Jul 01
Rock Tech Lithium Inc. Announces Latest Assay Results from its Ongoing Drill Program at its 100%-Owned Georgia Lake Lithium Project in the Thunder Bay Mining District of Ontario Rock Tech Lithium Inc. (the ‘Company’ or ‘Rock Tech’) announced the latest assay results from the Company's ongoing drill program (the ‘Drill Program’) at its 100%-owned Georgia Lake lithium project in the Thunder Bay Mining District of Ontario (the ‘Georgia Lake Project’). Rock Tech began the Drill Program in 2021 in support of an ongoing pre-feasibility study being conducted in respect of the Georgia Lake Project. The current drilling results are from test drilling completed during the fall 2021 and winter 2022 portions of the Drill Program and will be included in the Georgia Lake Project pre-feasibility study. These results comprise the second of 3 batches of results from the winter 2021 and spring 2022 phase of the Drilling Program. The Georgia Lake Project, located between Nipigon and Beardmore, Ontario is comprised of 1,042 hectares of mineral leases and 5,686 hectares of mineral claims. Since the start of the Drill Program in 2021, the Company has completed approximately 21,000 metres of diamond drilling that focused on five spodumene pegmatite deposits known as the Main Zone North (‘MZN’), Conway, Main Zone Southwest (‘MZSW’), Harricana and Line 60. The objective of the Drill Program is to increase the confidence in the current mineral resource estimate in respect of the Georgia Lake Project and to upgrade the resource classification from predominantly inferred resources to predominantly indicated resources, as well as test potential extensions of the mineral resource down dip and along strike of the deposits. The MZN deposit contains multiple stacked pegmatite dikes that are grouped into the ‘Northern’ and ‘Southern’ pegmatite systems at MZN. Spodumene mineralization at MZN strikes at 235 degrees for over 1 km and dips 60 degrees to the northwest. At MZN, the Drill Program extended spodumene mineralization for 50 – 100 metres down dip of known pegmatites for about 300 metres along strike on the eastern side of the deposit. The Conway deposit hosts one main pegmatite dike with spodumene mineralization striking at 210 degrees for 800 metres and dips 70 degrees to the northwest. The 2021 – 2022 drilling at Conway extended spodumene mineralization for 100 metres along strike to the south, to the 75 metres level. The MZSW deposit, located 1 km to southwest of MZN deposit, hosts three parallel – sub-parallel spodumene pegmatites that strike at 235 degrees for 300 metres, dipping 70 degrees to the northwest. The Harricana and Line 60 deposits are located 1 and 1.5 kms to the southeast of MZN deposit. Harricana contains two sub-parallel dikes, Harricana Main and Harricana West. Harricana Main strikes at 220 and dips 60 degrees to the northwest. Harricana West strikes at 220 and dips 60 degree to the northwest in the southern half of the dike; however, the orientation of the dike changes to strike of 140, dipping 60 degrees to the southwest, in the north. Samples were taken across every spodumene-bearing pegmatite and 1 metre into the barren host rock on either side of the dykes. Sample lengths were around 1 metre, though individual sample length was determined based on internal zoning of the dykes and the locations of their contacts. Core to be sampled was cut in half with one half being sent for analysis and the other half remaining in the box for reference. All core is stored at Rock Tech's core facility in Beardmore, Ontario. Each sample was put into its own plastic sample bag with a sample tag and closed with zip ties. About 13% of the samples submitted to Activation Laboratories Ltd. (‘Actlabs’) for analysis were QAQC samples that were inserted into the sample stream and consist of a high- and low-grade lithium standards, blank material, and duplicates. Samples were sent to Actlabs' preparation laboratories in Geraldton and Thunder Bay, Ontario for crushing and pulverizing, and were subsequently sent to Actlabs' geochemistry laboratory in Ancaster, Ontario for analysis of 41 elements using fusion plus ICP-OES or ICP-MS. Analysis for lithium was completed using a sodium peroxide fusion plus ICP-OES. Actlabs is independent of the Company. The scientific and technical disclosure included in this news release has been reviewed and approved by Amanuel Bein, P.Geo., Chief Exploration Geologist of the Georgia Lake Project, a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects. Exploration data was collected and verified following the guidelines outlined in CIM Mineral Exploration Best Practice Guidelines. Announcement • Apr 27
Rock Tech Lithium Appoints Cristina Rocco as Chief Operating Officer, Effective from May 1, 2022 Rock Tech Lithium Inc. announced 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. Recent Insider Transactions Derivative • Apr 02
Executive Chairman of the Board exercised options to buy CA$344k worth of stock. On the 25th of March, Dirk Harbecke exercised options to buy 58k shares at a strike price of around CA$0.98, costing a total of CA$57k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since September 2021, Dirk's direct individual holding has increased from 6.42m shares to 6.48m. Company insiders have collectively sold CA$135k more than they bought, via options and on-market transactions in the last 12 months. Announcement • Mar 02
Rock Tech Lithium Inc. Appoints Esther Bahne to Its Board of Directors, Effective March 11, 2022 Rock Tech Lithium Inc. announced the appointment of Ms. Esther Bahne to its board of directors. Ms. Bahne was appointed as the company's Chief Marketing & Strategy Officer in October 2021. She took on the role to reposition Rock Tech as a cleantech company and define the brand around ambitious sustainability goals. Esther will resign her position as Chief Marketing & Strategy Officer of the company with immediate effect to concentrate on her duties as a member of the company's board of directors. Ms. Bahne will join the board effective March 11, 2022. Announcement • Feb 24
Rock Tech Lithium Starts Permitting Process for Europe's First Lithium Hydroxide Converter Rock Tech Lithium Inc. announced that it has submitted the required documentation for the application for the first partial permit for the construction of its lithium hydroxide converter in Guben/Brandenburg. The partial permit submission was done in accordance with the Federal Immission Control Act (Bundes-Immissionsschutzgesetz - BImSchG), whereby the approval procedure is carried out in partial steps. This process enables careful planning while ensuring that the project progresses quickly. The following steps are planned in close coordination with the State Office for the Environment (Landesamt für Umwelt), the authority conducting the procedure: The first partial application focuses on the approval of buildings, roads and other non-process infrastructure. Concurrently, the basic approvability of the project and its environmental compatibility will be examined. The second partial application, which the Company aims to submit in May, concerns all production facilities. The third, and final, partial application, which the Company aims to submit in July, will be for utilities and ancillary buildings. Rock Tech Lithium plans to hold an information day in Guben in April/May to involve the local population in the project as early as possible. Once in full operation, the production plant for battery-grade lithium hydroxide (converter) is expected to produce 24,000 tonnes of lithium hydroxide annually for the batteries of 500,000 electric cars. Rock Tech's project is currently in an advanced planning stage. The company estimates the investment volume at approximately EUR 470 million. Announcement • Jan 13
Rock Tech Lithium Inc. Announces First Batch of Assays from Georgia Lake Drill Program Rock Tech Lithium Inc. announced the initial batch of assay results from the Company's ongoing drill program at its 100%-owned Georgia Lake lithium project in the Thunder Bay Mining District of Ontario. The drill program, being carried out by Niigaani Drilling, is designed to confirm the delineated mineral resource, which is intended to form the basis for a Pre-Feasibility Study. Targeting a total of 22,000 metres, the program is focused on five deposits within the Georgia Lake lithium property: Main Zone North, Main Zone Southwest, Conway, Harricana and Line 60. To date, the Company has completed approximately 9,500 metres of drilling with additional samples at the lab pending analysis. Samples were taken across every spodumene-bearing pegmatite and 1m into the barren host rock on either side of the dykes. Sample lengths were around 1m, though individual sample length was determined based on internal zoning of the dykes and the locations of their contacts. Core to be sampled was cut in half with one half being sent for analysis and the other half remaining in the box for reference. All core is stored at Rock Tech's core facility in Beardmore, Ontario. Each sample was put into its own plastic sample bag with a sample tag and closed with zip ties. About 12.5% of samples submitted to ActLabs for analysis are QAQC samples that were inserted into the sample stream and consist a high- and low-grade Lithium standards, blank material, and duplicates. Samples were sent to ActLabs preparation laboratory in Geraldton, Ontario for crushing and pulverizing and were subsequently sent to ActLabs geochemistry laboratory in Ancaster, Ontario for analysis of 41 elements using fusion plus ICP-OES or ICP-MS. Analysis for lithium was completed using a sodium peroxide fusion plus ICP-OES. Announcement • Jan 06
Rock Tech Lithium Inc. announced that it has received CAD 52.714287 million in funding On January 5, 2022, Rock Tech Lithium Inc. closed the transaction. The company issued 331,429 units for an proceeds of CAD 1,789,716.6 in its second and final tranche closing. The company has issued an aggregate of 9,761,905 units for an aggregate gross proceeds of CAD 52,714,287. The securities have been conditionally accepted for listing on the TSX-Venture Exchange, which is subject to the final acceptance of the TSX-Venture Exchange. Announcement • Dec 21
Rock Tech Lithium Inc. announced that it expects to receive CAD 51.49 million in funding Rock Tech Lithium Inc. announced a brokered private placement of 9,500,000 units at issue price of CAD 5.42 per unit for gross proceeds of CAD 51,490,000? on December 20, 2021. The transaction will include participation from existing shareholders including insider of the company for over half of the units. The transaction included participation from to certain United States and international investors. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at an exercise price of CAD 6.77 per warrant share for a period of 30 months following the date of issuance of such warrant. The transaction is expected to close on December 30, 2021 subject to the satisfaction of certain customary closing conditions, including the approval of the TSX Venture Exchange. The securities to be issued are subject to four month hold period. Recent Insider Transactions • Aug 25
Independent Director recently sold CA$52k worth of stock On the 19th of August, Peter Kausch sold around 10k shares on-market at roughly CA$5.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$2.6m more than they bought in the last 12 months. Recent Insider Transactions • May 25
CFO & Corporate Secretary recently sold CA$71k worth of stock On the 18th of May, Bradley Barnett sold around 17k shares on-market at roughly CA$4.20 per share. In the last 3 months, they made an even bigger sale worth CA$254k. Bradley has been a seller over the last 12 months, reducing personal holdings by CA$2.5m. Recent Insider Transactions • May 21
CFO & Corporate Secretary recently sold CA$71k worth of stock On the 18th of May, Bradley Barnett sold around 17k shares on-market at roughly CA$4.20 per share. In the last 3 months, they made an even bigger sale worth CA$254k. Bradley has been a seller over the last 12 months, reducing personal holdings by CA$2.5m. Recent Insider Transactions • May 09
CFO & Corporate Secretary recently sold CA$162k worth of stock On the 5th of May, Bradley Barnett sold around 35k shares on-market at roughly CA$4.64 per share. In the last 3 months, they made an even bigger sale worth CA$254k. Bradley has been a seller over the last 12 months, reducing personal holdings by CA$2.4m. Recent Insider Transactions • May 02
CFO, Corporate Secretary & Director recently sold CA$112k worth of stock On the 27th of April, Bradley Barnett sold around 24k shares on-market at roughly CA$4.60 per share. In the last 3 months, they made an even bigger sale worth CA$254k. Bradley has been a seller over the last 12 months, reducing personal holdings by CA$2.2m. Recent Insider Transactions • Feb 22
CFO, Corporate Secretary & Director recently sold CA$187k worth of stock On the 17th of February, Bradley Barnett sold around 39k shares on-market at roughly CA$4.77 per share. In the last 3 months, they made an even bigger sale worth CA$302k. Bradley has been a seller over the last 12 months, reducing personal holdings by CA$868k. Recent Insider Transactions Derivative • Feb 19
CFO, Corporate Secretary & Director exercised options and sold CA$169k worth of stock On the 16th of February, Bradley Barnett exercised 200.00k options at around CA$0.53, then sold 39k of the shares acquired at an average of CA$4.90 per share and kept the remainder. Since June 2020, Bradley's direct individual holding has decreased from 134.28k shares to 73.17k. Company insiders have collectively sold CA$784k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 02
CFO, Corporate Secretary & Director recently sold CA$301k worth of stock On the 29th of January, Bradley Barnett sold around 55k shares on-market at roughly CA$5.48 per share. This was the largest sale by an insider in the last 3 months. This was Bradley's only on-market trade for the last 12 months. Announcement • Jan 26
Rock Tech Lithium Inc. Announces Executive Changes Rock Tech Lithium Inc. announced the appointments of Mr. Klaus J. Schmitz and Prof. Wolfgang Voigt to its Board of Directors effective immediately. Rock Tech is developing its Georgia Lake lithium project and building its own downstream processing plant in order to become a reliable, sustainable, fully-integrated lithium hydroxide producer for the Western car industry. With these appointments the Company has added personnel with the necessary know-how to plan, build, operate and manage complex, highly-specialized manufacturing facilities. Mr. Schmitz possesses broad and global operational expertise including comprehensive experience in the field of Engineering, Procurement and Construction (EPC) for both conventional and renewable power generation and industrial plants. He was previously the Chief Operating Officer and Deputy Chairman of the Management Board for Hitachi Power Europe and the Executive President and Head of the Power Division for Bilfinger SE. Additionally, Mr. Schmitz has served as an advisor for Dussmann, McKinsey, Nippon Denka Kogyosho, Osaka, INP and DSD Steel Group. Mr. Voigt is Professor Emeritus in Inorganic Chemistry at the Technische Universitt Freiberg, Germany. His research focus for the last 20 years has mainly centered around salt chemistry, particularly lithium chemicals. He has previously been engaged in several brine and hard rock lithium projects around the globe and combines technical knowledge of proven processes with innovative technological concepts for more efficient spodumene conversion. Prof. Voigt was instrumental in the development of Rock Techs patent-pending innovative lithium hydroxide production process. Further, the Company announces the resignation of Martin Stephan from the Board of Directors with immediate effect. Announcement • Jan 22
Rock Tech Lithium Inc. announced that it has received CAD 4 million in funding On January 21, 2021, Rock Tech Lithium Inc. (TSXV:RCK) closed the transaction. All securities issued in connection with the transaction are subject to a four-month hold period expiring on May 22, 2021. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at a price of CAD 2 per share until January 21, 2023. Announcement • Jan 08
Rock Tech Lithium Inc. announced that it expects to receive CAD 4 million in funding Rock Tech Lithium Inc. (TSXV:RCK) announced a non-brokered private placement of 2,500,000 units at an issue price of CAD 1.60 per unit for gross proceeds of CAD 4,000,000 on January 6, 2021. The transaction will include participation from an institutional investor. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase an additional common share of the company at a price of CAD 2 per share for a period of 24 months from the date of closing of the transaction. All securities issued in the transaction have a hold period of four months. The closing of the offering is subject to regulatory approval including that of the TSX Venture Exchange. Is New 90 Day High Low • Jan 06
New 90-day high: CA$1.96 The company is up 92% from its price of CA$1.02 on 07 October 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 19
New 90-day high: CA$1.21 The company is up 105% from its price of CA$0.59 on 17 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 8.0% over the same period. Is New 90 Day High Low • Dec 02
New 90-day high: CA$1.10 The company is up 90% from its price of CA$0.58 on 31 August 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 12% over the same period. Announcement • Nov 11
Rock Tech Lithium Inc. announced that it expects to receive CAD 5 million in funding Rock Tech Lithium Inc. (TSXV:RCK) announced a non-brokered private placement of up to 5,882,353 units at a price of CAD 0.85 for the gross proceeds of up to CAD 5,000,000 on November 10, 2020. Each unit consists of one common share and one common share purchase warrant. Each full warrant can be exercised to purchase one additional common share at a price of CAD 1.00 per share for a period of 24 months from closing, subject to accelerated expiry in certain circumstances. The transaction is subject to TSX Venture Exchange approval. The securities issued in this transaction are subject to a four month hold period. The proceeds of up to CAD 15,000 of the transaction are about to completed pursuant to the British Columbia Securities Commission Instrument. Is New 90 Day High Low • Oct 03
New 90-day high: CA$1.05 The company is up 75% from its price of CA$0.60 on 03 July 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period. Announcement • Sep 24
Rock Tech Lithium Inc. Announces Metallurgical Test Results Rock Tech Lithium Inc. announce the results from its recently completed metallurgical program on the Company's 100%-owned Georgia Lake lithium project in Ontario, Canada. Highlights from the program include: 60% of the spodumene can be recovered using gravitational techniques, Over 80% flotation recovery achieved on low-grade ore, exceeding PEA assumptions, Potential to reduce the project's CapEx and OpEx. The Company engaged Wave International ("Wave") to assist in developing the metallurgical program that will facilitate a clear pathway to upcoming feasibility work. Samples for the gravity testwork were composited from a representative core selection across the project's Main Zone which will provide most of the plant feed in the first years of production. A visual core inspection was carried out and two domains were defined: the more slowly cooled coarse-grained centre of the pegmatite, referred to as `coarse' and the more quickly chilled fine- grained margin of the pegmatite, referred to as `transition'. The `coarse' ore fraction represents around 60% of the Main Zone North orebody and the `transition' zone the remaining 40%. The testwork program was carried out separately for both domains and the results combined according to their weighting. Under the supervision of Wave, Nagrom, a laboratory based in Kelmscott, Western Australia, conducted Heavy Liquid Separation ("HLS") bench-scale testwork to determine the viability of a potential Dense Media Separation ("DMS") processing route for Georgia Lake. The primary objective of this testwork was to study the potential for reducing the size of any necessary flotation circuit and associated capital and operating expenses as laid out in the PEA. The program produced a 6.0% Li2O spodumene concentrate at 60.9% recovery which compares favorably to other lithium projects relying exclusively on gravitational processing. In addition to the gravitational testwork, Rock Tech engaged SGS Canada Inc. ("SGS") to carry out flotation tests on a low-grade sample with 0.88% Li2O to confirm the suitability of the flotation flowsheet used in the PEA at feed grades below the current undiluted resource estimate. The tests produced marketable grade spodumene concentrates above 5.9% Li2O whilst constantly achieving recoveries in excess of 80% (PEA: 78%). 
