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Rock Tech Lithium raised $4.7 million to advance its sustainable lithium hydroxide production in Germany and Ontario.
Rock Tech Lithium Inc. closed a non-brokered private placement raising about $4.7 million by issuing 4.67 million units at $1.00 each, with each unit including one share and one warrant.
The proceeds will fund its lithium conversion strategy and general operations.
Warrants allow purchase of shares at $1.15 for 36 months.
The company also granted 2.51 million stock options at $1.15, exercisable until 2031.
The deal awaits final TSX Venture Exchange approval, and securities are not registered for U.S. sale.
Rock Tech focuses on sustainable lithium hydroxide production in Germany and Ontario, emphasizing environmental standards, Indigenous partnerships, and regional supply chains.
Rock Tech Lithium recaudó $4.7 millones para avanzar en su producción sostenible de hidróxido de litio en Alemania y Ontario.