New Risk • Jun 02
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CA$10m This is considered a minor 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 Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$10m). Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (€68.4m market cap, or US$79.7m). Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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 Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. Board Change • Dec 30
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. Tillkännagivande • 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. Tillkännagivande • 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). Share price has been highly volatile over the past 3 months (15% average weekly change). 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). Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (€79.7m 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: €89.8m (US$97.1m) 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). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (4.7% increase in shares outstanding). Market cap is less than US$100m (€89.8m market cap, or US$97.1m). 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. Tillkännagivande • 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). Share price has been highly volatile over the past 3 months (11% average weekly change). 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 (€81.7m 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. Tillkännagivande • 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. Tillkännagivande • 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. Tillkännagivande • 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. New Risk • Aug 08
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 9.1% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$62m free cash flow). Earnings are forecast to decline by an average of 31% 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$96m net loss in 2 years). Share price has been volatile over the past 3 months (9.1% average weekly change). Shareholders have been diluted in the past year (32% increase in shares outstanding). Tillkännagivande • 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. Tillkännagivande • 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. 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. Tillkännagivande • 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. Tillkännagivande • 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 • May 08
CFO & Corporate Secretary recently sold €110k worth of stock On the 5th of May, Bradley Barnett sold around 35k shares on-market at roughly €3.15 per share. In the last 3 months, they made an even bigger sale worth €167k. Bradley has been a seller over the last 12 months, reducing personal holdings by €1.6m. Recent Insider Transactions • May 01
CFO, Corporate Secretary & Director recently sold €75k worth of stock On the 27th of April, Bradley Barnett sold around 24k shares on-market at roughly €3.07 per share. In the last 3 months, they made an even bigger sale worth €196k. Bradley has been a seller over the last 12 months, reducing personal holdings by €1.5m. Recent Insider Transactions • Feb 21
CFO, Corporate Secretary & Director recently sold €122k worth of stock On the 17th of February, Bradley Barnett sold around 39k shares on-market at roughly €3.11 per share. In the last 3 months, they made an even bigger sale worth €196k. Bradley has been a seller over the last 12 months, reducing personal holdings by €562k. Recent Insider Transactions • Feb 02
CFO, Corporate Secretary & Director recently sold €194k worth of stock On the 29th of January, Bradley Barnett sold around 55k shares on-market at roughly €3.53 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. Is New 90 Day High Low • Jan 11
New 90-day high: €1.75 The company is up 187% from its price of €0.61 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 52% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: €0.80 The company is up 116% from its price of €0.37 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 43% over the same period. Is New 90 Day High Low • Dec 05
New 90-day high: €0.72 The company is up 71% from its price of €0.42 on 04 September 2020. The German market is up 5.0% 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 • Oct 01
New 90-day high: €0.47 The company is up 37% from its price of €0.34 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period.