Mr. Dirk Harbecke reports

ROCK TECH ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Rock Tech Lithium Inc. has closed a non-brokered private placement of units. Pursuant to the offering, the company issued an aggregate of 2,761,498 units at a price of $1.20 per unit for aggregate gross proceeds of $3,313,798.

The units were offered to and subscribed by existing shareholders and new investors, notably investment companies and family offices from Europe. Rock Tech intends to use the proceeds of the offering to finance the continued development of the company's North American converter project, for the further development of the company's recycling strategy and for general corporate purposes (including expenses incurred by the company in connection with the offering). The company paid a finder's fee of $28,440 to an arm's-length party in connection with the closing of this offering.

Konstantin Burger, vice-president, investor relations, commented: "I want to thank our existing shareholders for their continued support and welcome all new shareholders to Rock Tech. We continue to implement our strategy and raise capital with new investors. This financing allows us to remain strategically agile, progress our work on the use of recycled material in our converters and secures our cash runway. At the same time, our negotiations with strategic and financial investors for investments at the project level in Guben, as well as additional subsidies, continue."

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 $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.

About Rock Tech Lithium Inc.

Rock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a 100-per-cent recycling rate. To ensure resilient supply chains, the company plans to build lithium converters at the doorstep of its customers, beginning with the company's proposed lithium hydroxide converter in Guben, Brandenburg, Germany. The second converter is planned to be built in Red Rock, Ont., Canada. Rock Tech plans to source raw material from its own Georgia Lake spodumene project in the Thunder Bay mining district of Ontario, Canada, and procure from other environmental, social and governance compliant mines. Ultimately, Rock Tech's goal is to create a closed-loop lithium production system. Rock Tech has gathered one of the strongest teams in the industry to close the most pressing gap in the clean mobility story. The company has adopted strict environmental, social and governance standards, and is developing a proprietary refining process to increase efficiency and sustainability further.

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