Mr. Dirk Harbecke reports

ROCK TECH ANNOUNCES EXTENSION AND AMENDED TERMS OF NON-BROKERED PRIVATE PLACEMENT

Rock Tech Lithium Inc. has received a 30-day extension from the TSX Venture Exchange to complete its non-brokered private placement of up to 7,692,307 units at $1.30 per unit for aggregate gross proceeds of up to approximately $10-million, as previously announced on Oct. 24, 2023.

The extension will provide sufficient time for certain subscribers to complete all necessary documentation and requirements for the company to accept their subscriptions. Pursuant to the extension, the company has until Jan. 7, 2024, to complete the offering; however, the company expects to close the offering on or about Dec. 15, 2023.

The company also announces that it is amending the terms of the offering. Pursuant to the amended terms, the expiry date of the warrants (as defined below) will be extended to 36 months following the date of issuance.

Each unit will consist of one common share in the capital of Rock Tech and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of $1.69 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 the warrants are 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.

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 and 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 is to create a closed-loop lithium production system.

We seek Safe Harbor.