Rock Tech Lithium Inc. has completed the third and final tranche of its non-brokered private placement, raising C$1,024,560 through the sale of 1,138,400 units at C$0.90 each. Across all three tranches of its previously announced offering, the company issued 7,231,621 units, generating total gross proceeds of C$6,508,459.
Each unit comprises one common share and one common share purchase warrant. Warrants are exercisable at C$1.17 per share for three years from issuance. The net proceeds will support advancement of the Guben lithium-hydroxide converter project in Germany, as well as general corporate and working capital needs.
The third tranche was issued under Ontario Securities Commission Rule 72-503 (Distributions Outside of Canada) and the listed issuer financing exemption under National Instrument 45-106. As a result, the securities are not subject to a hold period under applicable Canadian securities laws. The company filed an offering document under Form 45-106F19 on its regulatory profile on August 29, 2025, which is available on the Canadian disclosure platform and the company’s website. Completion of the offering remains subject to final approval by the TSX Venture Exchange. Finders’ fees of C$57,964.50 were paid in connection with the third tranche closing.
Rock Tech Lithium focuses on supplying high-quality, locally produced lithium for Europe and North America. Its projects include a 24,000-tonne-per-year lithium-hydroxide converter in Guben, Germany—recognized as a strategic project under the EU Critical Raw Materials Act—and a planned facility in Ontario with up to 36,000 tonnes of lithium-carbonate-equivalent output annually. Raw materials are sourced exclusively from ESG-compliant suppliers, including the company’s wholly owned Georgia Lake Project in Canada, which is developed in partnership with local First Nations communities. By incorporating recycled inputs, Rock Tech aims to foster a circular battery materials economy and enhance regional supply chain resilience.
Source: Rock Tech Lithium
