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Rock Tech Graduates to Tier 1 of the TSX Venture Exchange

(TheNewswire)



Vancouver, BC, Canada - TheNewswire June 24, 2021 Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSXV:RCK ) ( OTC:RCKTF ) ( FWB:RJIB ) ( WKN:A1XF0V) is pleased to announce that the Company has graduated to Tier 1 of the TSX Venture Exchange (the "Exchange").

The Exchange classifies Issuers into different tiers based on standards, including historical financial performance, stage of development and financial resources of the Issuer. Tier 1 is the Exchange's premier tier and is reserved for the Exchange's most advanced Issuers with the most significant financial resources.

"We are pleased to become a Tier 1 issuer on the TSX Venture Exchange," said Dirk Harbecke, Rock Tech's Chairman & Chief Executive Officer. "We have made tremendous progress this year welcoming committed, long-term cornerstone investors and putting in place an exceptional execution team to bring our projects to fruition. We look forward to sharing further updates as our development programs accelerate."

Additionally, the Company announces that it has appointed Stefan Krause, Vice Chairman of the Company, to the position of Acting Chief Financial Officer until a new international CFO has been identified. Brad Barnett remains the Company's Corporate Secretary.

"We are highly active on many fronts globally, including development at our Georgia Lake project and advancing engineering, financing and other stakeholder negotiations related to both the upstream and downstream aspects of our business," said Dirk Harbecke. "Necessarily, we are growing fast, adding key personnel and augmenting our management team to maximize our efficiency as we operate across several jurisdictions."

On behalf of the Board of Directors,

"Dirk Harbecke"
Dirk Harbecke
Chairman and Chief Executive Officer

For further information, please contact:

Brad Barnett
Corporate Secretary
Rock Tech Lithium Inc.
777 Hornby Street, Suite 600
Vancouver, B.C., V6Z 1S4
Telephone: (778) 358-5200
Facsimile: (604) 670-0033
Email: bbarnett@rocktechlithium.com

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.

Copyright (c) 2021 TheNewswire - All rights reserved.

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Altech Batteries Ltd  CERENERGY Battery 46.7M Euro German Grant Approval

Altech Batteries Ltd CERENERGY Battery 46.7M Euro German Grant Approval

Perth, Australia (ABN Newswire) - Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that it has received official written confirmation for the grant qualification of the CERENERGY(R) sodium-chloride solid-state battery project in Saxony, Germany to the value of 30% of the total capital expenditure excluding working capital, financing cost and interest during construction amounting to EUR46,725,802.

Highlights

- Altech Batteries GmbH's CERENERGY(R) battery project has been approved by Germany's Ministry of Economic Affairs and Energy as eligible for Grant receipt under the "STARK"(1) economic development program

- Altech Batteries GmbH's CERENERGY(R) battery project passed the second stage of Government approval for a 30% CAPEX grant in the amount of 46.7 million Euro

- The grant approval is not yet final and conditional and subject to overall financial close and the availability of funds to be approved by the German parliament as part of the 2026 Government Budget

(1) STARK - Starkung der Transformationsdynamik und Aufbruch in den Revieren und an den Kohlekraftwerkstandorten

The STARK program supports projects that support the transformation process towards an ecologically, economically, and socially sustainable economic structure in the coal regions and is initiated by the German Federal Government and supported by the EU

Altech has been actively applying for various grants offered by the State of Saxony, Federal Government of Germany, and the European Union. The State of Saxony and Brandenburg, along with the European Union, offer substantial support for renewable energy projects, including grants under the STARK program aimed at converting lignite coal to renewable energy sources. These grants are part of broader efforts to transition regions dependent on fossil fuels toward sustainable energy solutions. Altech's site, located in these areas, stands to benefit from various funding programs designed to support clean energy projects, including EU grants for energy transformation and innovation.

Having now received written confirmation of the STARK program for the CERENERGY(R) project, it is a great sign of support and a recognition of this innovative battery technology jointly undertaken by Altech and the Fraunhofer Gesellschaft.



About Altech Batteries Ltd:

Altech Batteries Limited (ASX:ATC,OTC:ALTHF) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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