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Rock Tech Engages Evercore as Financial and Capital Markets Advisor

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Rock Tech Lithium Inc. has announced its engagement of Evercore Group as its financial and capital markets advisor. This strategic collaboration aims to support Rock Tech's ambition to become a leading producer of lithium hydroxide globally. Evercore will assist in evaluating financial alternatives and will earn fees contingent upon successful transactions. Dirk Harbecke, CEO of Rock Tech, emphasized the value of Evercore's global reach and expertise in advancing the company's projects.

Positive
  • Engagement of Evercore as a financial and capital markets advisor.
  • Strategic collaboration aimed at enhancing Rock Tech's position in the lithium hydroxide market.
  • Potential for significant growth as the company seeks to expand in multiple jurisdictions.
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VANCOUVER, BC, Aug. 31, 2021 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (the "Company" or "Rock Tech") is pleased to announce it has engaged Evercore Group L.L.C. ("Evercore") to act as the Company's financial and capital markets advisor.

"We are excited to work with Evercore as we realize our ambition of becoming a leading lithium hydroxide producer in multiple jurisdictions," said Dirk Harbecke, Rock Tech's Chairman and Chief Executive Officer. "Evercore's global reach and sector experience will be a valuable asset to our management team as we advance our projects around the world."

Evercore will provide advisory services in connection with evaluating strategic and financial alternatives and will earn and be paid fees contingent upon the completion of any related transactions.

On behalf of the Board of Directors,

"Dirk Harbecke"
Dirk Harbecke
Chairman and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward–looking statements".  Forward–looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions.  The Company cautions readers that forward–looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward–looking statements.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/rock-tech-engages-evercore-as-financial-and-capital-markets-advisor-301365889.html

SOURCE Rock Tech Lithium Inc.

FAQ

What is the purpose of Rock Tech engaging Evercore?

Rock Tech has engaged Evercore to act as its financial and capital markets advisor, assisting in evaluating strategic and financial alternatives.

Who is the CEO of Rock Tech Lithium Inc.?

Dirk Harbecke is the CEO of Rock Tech Lithium Inc.

What are the potential benefits of Evercore's engagement for RCKTF?

Evercore's global reach and sector experience are expected to support Rock Tech in advancing its projects, potentially leading to growth in the lithium hydroxide market.

When was the press release about Evercore's engagement issued?

The press release was issued on August 31, 2021.

Will Evercore receive any fees for their advisory services?

Yes, Evercore will earn fees contingent upon the completion of related transactions.
Rock Tech Lithium Inc

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