VANCOUVER, BC, Feb. 28, 2022 /PRNewswire/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the “Firm” or “Rock Tech“) is happy to announce the appointment of Ms. Esther Bahne to its Board of Administrators.
Ms. Bahne was appointed because the Firm’s Chief Advertising and marketing & Technique Officer in October 2021. She took on the position to reposition Rock Tech as a cleantech firm and outline the model round formidable sustainability objectives. Throughout this time, Rock Tech has efficiently closed a big fairness financing backing its plans to construct Europe’s largest lithium hydroxide plant and constructed up a robust workforce of staff and companions.
“We’ve got achieved main milestones in document time,” mentioned Ms. Bahne. “Rock Tech Lithium helps to future-proof our trade whereas spearheading low carbon, closed loop industrial manufacturing. We’re hanging out on a brand new path and I’m proud to assist our robust workforce keep the course.”
“Esther introduced on a robust strategic imaginative and prescient and is an professional in communication,” mentioned Dirk Harbecke, Rock Tech’s Chairman. “Add to that her intimate information of the automotive trade and it’s clear why we’re happy to see her be part of the workforce for the long-term.”
Esther has greater than 16 years of expertise within the automobile trade. Reporting on to the Board of BMW Group, she served because the World Head of Technique and CMO at MINI after taking over the relaunch of the MINI model in 2015. At Audi AG, the place she began her profession as spokeswoman of the Board, she arrange the company sustainability technique and ran the social innovation observe. Esther additionally based the influential start-up accelerator URBAN-X, constructed a design middle in New York Metropolis, and steered the world’s largest co-living firm as co-CEO.
Esther will resign her place as Chief Advertising and marketing & Technique Officer of Rock Tech with fast impact to focus on her duties as a member of the Firm’s board of administrators. Ms. Bahne will be part of the board efficient March 11, 2022.
About Rock Tech Lithium Inc.
Rock Tech Lithium is a cleantech firm with operations in Canada and Germany that goals to produce the automotive trade with prime quality lithium hydroxide “made in Germany“. As early as 2024, the Firm intends to fee Europe’s first lithium converter with a nameplate manufacturing capability of 24,000 tonnes per 12 months. That is equal to the quantity wanted to equip round 500,000 electrical vehicles with lithium-ion batteries.
The Firm has set itself the purpose of making the world’s first closed loop for lithium, thus closing the uncooked materials hole on the highway to wash mobility. Rock Tech owns the Georgia Lake Undertaking in Ontario, Canada and, as early as 2030, round 50 p.c of the uncooked supplies used are anticipated to return from the recycling of batteries.
Rock Tech Lithium – The tremendous gasoline for the battery age
On behalf of the Board of Administrators,
Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.
Cautionary Word Regarding Ahead-Wanting Info
The next cautionary statements are along with all different cautionary statements and disclaimers contained elsewhere in, or referenced by, this press launch.
Sure info set forth on this press launch incorporates “forward-looking info” and “forward-looking statements” (collectively, “forward-looking info”) throughout the that means of relevant securities legal guidelines, that are based mostly on Rock Tech’s present expectations, estimates, and assumptions in gentle of its expertise and is notion of historic tendencies. All statements apart from statements of historic information might represent forward-looking info. Usually, forward-looking info may be recognized by way of phrases or phrases reminiscent of “estimate”, “undertaking”, “anticipate”, “anticipate”, “intend”, “consider”, “hope”, “might” and comparable expressions, in addition to “will”, “shall” 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.
Specifically, this new launch incorporates forward-looking info pertaining to: the options of the proposed Converter; statements concerning the Firm’s future plans, estimates, and schedules regarding the Converter undertaking; anticipated manufacturing of LHM and associated processing strategies; the anticipated timing of a ultimate funding choice, development actions and potential in-service date of the Converter; the anticipated options of the Guben web site and anticipated advantages thereof; demand for and pricing of LMH and the advantages therefrom; Rock Tech’s opinions, beliefs and expectations concerning the Firm’s enterprise technique, improvement and exploration alternatives and initiatives, and plans and targets of administration for the Firm’s operations and properties.
Ahead-looking info relies on sure estimates, expectations, evaluation and opinions of the Firm and in sure instances, third celebration specialists, which might be believed by administration of Rock Tech to be cheap on the time they had been made. This forward-looking info was derived using quite a few assumptions concerning, amongst different issues, the availability and demand for, deliveries of, and the extent and volatility of costs of, intermediate and ultimate lithium merchandise, anticipated development, efficiency and enterprise operation, future commodity costs and trade charges, prospects and alternatives, normal enterprise and financial situations, outcomes of improvement and exploration, Rock Tech’s capacity to acquire provides and different tools needed for its enterprise. The foregoing checklist isn’t exhaustive of all assumptions which can have been utilized in growing the forward-looking info. Whereas Rock Tech considers these assumptions to be cheap based mostly on info at the moment out there, they might 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 Rock Tech’s 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 fluctuate materially embrace the outcomes of the validation research, the Firm’s capacity to entry funding required to spend money on out there alternatives and initiatives (together with the proposed Converter) and on passable phrases, the present and potential hostile impacts of the COVID-19 pandemic, together with future outbreaks and any related insurance policies or restrictions on enterprise, the danger that Rock Tech will be unable to satisfy its monetary obligations as they fall due, adjustments in commodity and different costs, Rock Tech’s capacity to retain and entice expert workers and to safe feedstock from third celebration suppliers, unanticipated occasions and different difficulties associated to development, improvement and operation of the Converter, the price of compliance with present and future environmental and different legal guidelines and laws, title defects, competitors from present and new rivals, adjustments in forex trade charges and market costs of Rock Tech’s securities, Rock Tech’s historical past of losses, impacts of local weather change and different dangers and uncertainties described every so often in Rock Tech’s public disclosure paperwork out there on the Firm’s SEDAR profile at www.sedar.com, together with these mentioned underneath the heading “Monetary Devices and Different Dangers” in Rock Tech’s most not too long ago filed Administration Dialogue and Evaluation. Such dangers and uncertainties don’t symbolize an exhaustive checklist of all threat components that would trigger precise occasions, outcomes, efficiency and/or achievements to fluctuate materially from the forward-looking info.
We can not guarantee you that precise occasions, outcomes, efficiency and/or achievements can be in step with the forward-looking info and administration’s assumptions might show to be incorrect. Ahead-looking info displays Rock Tech administration’s views as on the date the knowledge is created. Besides as could also be required by regulation, Rock Tech undertakes no obligation and expressly disclaims any duty, obligation or enterprise to replace or to revise any forward-looking info, whether or not on account of new info, future occasions or in any other case, to replicate any change in Rock Tech’s expectations or any change in occasions, situations or circumstances on which any such info relies.
Given these uncertainties, readers are cautioned to not depend on the forward-looking info set forth on this press launch.
View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/rock-tech-lithium-appoints-esther-bahne-as-director-301492222.html
SOURCE Rock Tech Lithium Inc.