Mr. Dirk Harbecke reports

ROCK TECH ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT

Rock Tech Lithium Inc. intends to undertake a non-brokered offering of up to approximately 7,692,307 million units of Rock Tech, on a private placement basis, at a price $1.30 per unit for aggregate gross proceeds of up to approximately $10-million.

Each unit will consist of one common share in the capital of Rock Tech, with such common shares comprising the units, 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 $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.

Rock Tech intends to use the proceeds of the offering as follows: approximately $5-million to finance the continued exploration and development of the company's Georgia Lake lithium project in Ontario, Canada, including funding exploration drilling programs and planned consolidation of adjacent properties/areas; and the balance for general corporate purposes and the development of the company's converter project in Canada, and to pay expenses incurred by the company in connection with the offering.

Closing of the offering is expected to occur on or about Nov. 7, 2023, subject to the satisfaction of certain customary closing conditions, including the approval of the TSX Venture Exchange in respect of the offering and the listing of the unit shares and the warrant shares.

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 TSX-V, as will any warrant shares issued on exercise of warrants prior to the expiry of such hold periods.

The securities offered pursuant to the offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws of any state of the United States and accordingly may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom.

About Rock Tech Lithium Inc.

Rock Tech is a cleantech company with operations in Canada and Germany 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, beginning with the company's proposed lithium hydroxide merchant converter and refinery facility in Guben, Germany. 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 wholly owned Georgia Lake spodumene project located in the Thunder Bay mining district of Ontario, 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: to create a closed-loop lithium production system.

We seek Safe Harbor.