VANCOUVER, BC, Oct. 26, 2022 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (“Rock Tech” or the “Firm”) is happy to announce that Mrs. Sonja Rossteuscher, the previous Chief Monetary Officer (CFO) of Tristone Flowtech Group, a worldwide automotive tier one provider, is becoming a member of Rock Tech as its new Chief Monetary Officer on November 01, 2022. Mrs. Rossteuscher is taking up the place from Mr. Stefan Krause who has held the position on an interim foundation. Mr. Krause retains his seat as Vice Chairman of the Board of Administrators of the Firm.
Mrs. Rossteuscher involves Rock Tech with important monetary government expertise from each privately held and stock-listed worldwide corporations. Her achievements in securing and managing credit score strains together with streamlining and structuring world finance organizations will improve the Firm’s capability to organize and run the challenge financing for its deliberate Guben Converter and Georgia Lake Mining Initiatives.
“It is extremely thrilling to hitch Rock Tech, an organization on the coronary heart of the electrical mobility revolution with the potential for important progress for a few years to come back. Securing the absolute best challenge financing with main worldwide debt and fairness companions shall be my and my crew’s key precedence within the coming months,” mentioned Mrs. Rossteuscher.
A Canadian by start with greater than 20 years’ expertise in Germany, Mrs. Rossteuscher embodies the Rock Tech DNA completely. Her robust communication abilities and confirmed track-record in profitable financings creditor and investor relations, money administration and organizational design and improvement can have a constructive influence at each company stage and throughout the entire Group.
Sonja Rossteuscher has served on numerous government groups and boards and holds a Grasp of Enterprise Administration from the College of St. Gallen, Switzerland.
On behalf of the Board of Administrators,
Dirk Harbecke
Chairman
ABOUT ROCK TECH
Rock Tech is a cleantech firm on a mission to supply lithium hydroxide for EV batteries. The Firm plans to construct lithium converters on the door-step of its prospects, to ensure supply-chain transparency and just-in-time supply. To shut essentially the most urgent hole within the clear mobility story, Rock Tech has gathered one of many strongest groups within the business. The Firm has adopted strict ESG requirements and is growing a proprietary refining course of geared toward additional rising effectivity and sustainability. Rock Tech plans to supply uncooked materials from its personal mineral challenge in Canada in addition to procuring it from different responsibly producing mines. Within the years to come back, the Firm expects to additionally supply uncooked materials from discarded batteries. Rock Tech’s purpose: to create a closed-loop lithium manufacturing system. www.rocktechlithium.com.
Neither the TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION
The next cautionary statements are along with all different cautionary statements and disclaimers contained elsewhere in, or referenced by, this press launch, the place relevant. Sure info set forth on this press launch constitutes “forward-looking info” throughout the which means of relevant Canadian securities legal guidelines, which info is primarily based on Rock Tech’s present expectations, estimates, and assumptions in gentle of its expertise and its notion of historic tendencies. All statements apart from statements of historic details could represent forward-looking info. Ahead-looking info will be recognized by means of phrases or phrases comparable to “count on”, “will”, “plans” and comparable expressions and all different indications of future tense. All forward-looking info set forth on this press launch is expressly certified in its entirety by the cautionary statements referred to on this part.
For instance, forward-looking info contained on this press launch contains:; the Firm’s expectations concerning its deliberate and potential actions and tasks, together with the Firm’s proposed lithium converters, the Firm’s intentions with respect to the event and timing thereof and statements concerning future plans, actions, and schedules regarding such actions, tasks and associated improvement; statements and expectations concerning the electrical car business; Rock Tech’s opinions, beliefs and expectations concerning the Firm’s enterprise technique, improvement and exploration alternatives and tasks; Mrs. Rossteuscher’s opinion on the the electrical car business and her anticipated companies to the Firm; and plans and aims of administration for the Firm’s operations and properties.
Ahead-looking info is predicated on sure assumptions, estimates, expectations and opinions of the Firm and in sure instances, third get together specialists, which are believed by administration of Rock Tech to be affordable on the time they had been made. This forward-looking info was derived using quite a few assumptions concerning, amongst different issues: the provision and demand for, deliveries of, and the extent and volatility of costs of, feedstock and intermediate and remaining lithium merchandise; that each one required regulatory approvals and permits will be obtained on the required phrases in a well timed method; anticipated progress, efficiency and enterprise operations; future commodity costs and alternate charges; prospects, progress alternatives and financing out there to the Firm; basic enterprise and financial situations; the prices and outcomes of exploration, improvement and working actions; the Firm’s capability to obtain provides of spodumene focus and different gear obligatory for its enterprise; Ms. Rossteuscher offering the companies described herein to the Firm; and the accuracy and reliability of technical knowledge, forecasts, estimates and research, together with with respect to the Firm’s opponents. The foregoing listing will not be exhaustive of all assumptions which can have been utilized in growing the forward-looking info. Whereas Rock Tech considers these assumptions, estimates and components to be affordable primarily based on info presently out there, they could show to be incorrect. Ahead-looking info shouldn’t be learn as a assure of future efficiency or outcomes.
As well as, forward-looking info includes recognized and unknown dangers and uncertainties and different components, lots of that are past Rock Tech’s management, which will trigger precise occasions, outcomes, efficiency and/or achievements to be materially totally different from that which is expressed or implied by such forward-looking info. Dangers and uncertainties which will trigger precise occasions, outcomes, efficiency and/or achievements to range materially embrace: the Firm’s capability to entry funding required to put money into out there alternatives and tasks (together with, within the case of the Firm, the Firm’s proposed lithium hydroxide converters) and on passable phrases; the present and potential hostile impacts of the COVID-19 pandemic and ongoing geopolitical hostilities; the chance that Rock Tech won’t be able to satisfy its monetary obligations as they fall due; adjustments in commodity and different costs; Rock Tech’s capability to draw and retain expert employees ; unanticipated occasions and different difficulties associated to the development, improvement and operation of the Firm’s proposed lithium hydroxide converters and/or the operations and actions of RTT; the price of compliance with present and future environmental and different legal guidelines and rules; title defects; competitors from present and new opponents; adjustments in foreign money and/or alternate charges and the market costs of Rock Tech’s securities; Rock Tech’s historical past of losses; hostile impacts of local weather change; and different dangers and uncertainties described infrequently in Rock Tech’s public disclosure paperwork out there on the Firm’s SEDAR profile at www.sedar.com, together with these mentioned beneath the heading “Danger Components” in Rock Tech’s most lately filed Administration Dialogue and Evaluation and Annual Data Type, respectively. Such dangers and uncertainties don’t symbolize an exhaustive listing of all danger components that would trigger precise occasions, outcomes, efficiency and/or achievements to range materially from the forward-looking info. Besides as required by regulation, the Firm disclaims any intention and assumes no obligation to replace or revise any ahead trying info to mirror precise outcomes, whether or not on account of new info, future occasions, adjustments in assumptions, adjustments in components affecting such ahead trying info or in any other case.
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SOURCE Rock Tech Lithium Inc.
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