19:31:55 EST Mon 30 Jan 2023
Enter Symbol
or Name

Rock Tech Lithium Inc (2)
Symbol RCK
Shares Issued 84,463,803
Close 2022-10-20 C$ 3.73
Recent Sedar Documents

Rock Tech grants options to buy 300,000 shares

2022-10-21 00:54 ET - News Release

Mr. Dirk Harbecke reports


Rock Tech Lithium Inc. has granted an aggregate of 300,000 stock options to certain directors of the company.

The stock options were granted, effective Oct. 17, 2022, and have a term of five years from the date of grant, with 30 per cent vesting immediately and 70 per cent vesting in equal monthly instalments over a 24-month period following the date of grant. The stock options may be exercised at a price of $2.77 per share, being the closing price of the company's common shares on the TSX Venture Exchange on Oct. 14, 2022.

The stock options were granted pursuant to the stock option plan of the company dated April 9, 2020, as most recently approved by the shareholders of the company on June 30, 2022.

About Rock Tech Lithium Inc.

Rock Tech is a cleantech company on a mission to produce lithium hydroxide for electric vehicle batteries. The company plans to build lithium converters at the doorstep of its customers to guarantee supply chain transparency and just-in-time delivery. To close the most pressing gap in the clean mobility story, Rock Tech has gathered one of the strongest teams in the industry. The company has adopted strict environmental, social and governance standards, and is developing a proprietary refining process aimed at further increasing efficiency and sustainability. Rock Tech plans to source raw material from its own mineral project in Canada, as well as procuring it from other responsibly producing mines. In the years to come, the company expects to also source raw material from discarded batteries. Rock Tech's goal is to create a closed-loop lithium production system.

We seek Safe Harbor.

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