rock tech lithium stock

Rock Tech Closes Private Placement

(TheNewswire)



Vancouver, BC, Canada - TheNewswire January 8, 2021 Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSXV: RCK ) ( Frankfurt:RJIB) is pleased to announce the closing of its non-brokered private placement (the "Offering") of 2,580,645 units (the "Units") of the Company at a price of $1.55 per Unit for gross proceeds of $3,999,999.75 as announced on January 4, 2021.

Proceeds from the private placement, which was fully subscribed for by one placee, will be used to fund Feasibility Studies on a lithium hydroxide converter, continuing investigations of the Company's innovative lithium hydroxide processing circuit, further development and permitting work at the Company's Georgia Lake lithium project and general working capital.

All securities issued in connection with the Offering are subject to a four-month hold period expiring on May 9, 2021. Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the Company at a price of $1.80 per share until January 8, 2023.

On behalf of the Board of Directors,

"Simon Bodensteiner"
Simon Bodensteiner
Director, Chief Executive Officer

For further information, please contact:

Brad Barnett
Chief Financial Officer
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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NextSource Materials Announces Results of 2024 Annual Meeting of Shareholders

NextSource Materials Announces Results of 2024 Annual Meeting of Shareholders

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") is pleased to announce the results of the Annual Meeting of Shareholders of the Company (the "Meeting") held virtually at 9:00 AM (Toronto time) on December 5, 2024

AGM Results
The final voting results of the Meeting are set out below:

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Lithium Universe Ltd  Partners with Quebec Chemical Logistics Supply Company

Lithium Universe Ltd Partners with Quebec Chemical Logistics Supply Company

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce the signing of a Memorandum of Understanding (MOU) to partner on logistics of essential chemical products for Lithium Universe's Becancour Lithium Refinery operations.

Highlights

- Strategic local chemical logistics partnership with Servitank

- Single logistics supplier capable of sourcing multiple process chemicals

- Reliable delivery of critical chemical inputs to Becancour Lithium Refinery

- Investigation of secondary product management and sales

- Proven experience in spodumene logistics and storage

About Servitank, a subsidiary of Groupe Somavrac

Servitank, a local, Quebec-based Company, specializes in optimizing supply chain processes and logistics solutions across various industries, including chemicals and raw materials. With a strong focus on multimodal handling, Servitank employs innovative strategies to save time and reduce costs for its clients. The parent company has extensive experience in the Becancour and Trois-Rivieres areas, having successfully managed logistics and moisture control for key players in the lithium sector in North America.

Key Elements of MOU

This partnership aims to optimize supply chain processes and enhance the operational efficiency of both companies in the rapidly growing lithium sector. Under the MOU, Servitank will seek to leverage its expertise in supply chain management and multimodal logistics to support Lithium Universe's project: the development of the Becancour Lithium Refinery, projected to produce 18,270 tonnes per annum of green battery-grade lithium carbonate. While this MOU outlines the framework for partnership, it remains a non-binding document, paving the way for detailed discussions and the eventual drafting of definitive agreements.

Chemical Supply and Logistics

Servitank is currently evaluating various storage solutions at their Becancour Port terminal, which may facilitate the efficient trucking logistics required to deliver key liquid chemicals directly to Lithium Universe's operational site. Additionally, Servitank will investigate the process of constructing dedicated storage tanks for specific process reagents, positioning itself to supply critical chemicals directly to Lithium Universe and others within the Becancour Industrial Park. Additionally, Servitank will actively assist in exploring procurement options within the local areas for other dry bulk reagents to meet Lithium Universe's specific operational requirements.

To ensure a steady supply of readily available reagents, arrangements will be made for direct delivery from established suppliers, further securing the necessary materials for production. Servitank will also assist in investigating sourcing specialty reagents from within the Becancour Industrial Park to promote the immediate circular economy within the park and reduce freight costs from other areas of Quebec.

Secondary Product Management

Both parties will investigate storage opportunities and potential partnerships with cement companies within sister companies of Servitank in Groupe Somavrac's client base. This investigation aims to effectively utilize Lithium Universe's alumina silicate by-products, enhancing sustainability and resource management. Furthermore, the two companies will assess storage requirements for sodium sulphate, considering its potential placement within the pulp and paper industry in North America.

Logistics and Storage Solutions:

Servitank's facilities in Becancour will play a crucial role in the storage and transportation of spodumene. The partnership will ensure the logistics and handling of spodumene sourced from transatlantic suppliers is managed efficiently. Servitank's sister company, Somavrac, will also provide access to advanced bagging machinery and bulk storage solutions at its Trois-Rivieres location, optimizing operational efficiency and supporting the needs of the refinery.

Iggy Tan, Chairman of Lithium Universe Limited, added, "This partnership with Servitank is a significant step towards realizing our vision for the Becancour Lithium Refinery. We are particularly focused on identifying a single logistic supplier capable of supporting us in sourcing most of our chemical reagents, which will simplify our supply chain and enhance operational efficiency. Together, we aim to bridge the lithium conversion gap and ensure a robust and responsible supply chain."

*To view photographs, please visit:
https://abnnewswire.net/lnk/66K80ZQ8



About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.



Source:
Lithium Universe Ltd

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Lithium Universe

LU7 Partners with Quebec Chemical Logistics Supply Company

Lithium Universe (LU7:AU) has announced LU7 Partners with Quebec Chemical Logistics Supply Company

Download the PDF here.

Albemarle Corporation to Participate in Virtual Fireside Chat at the Deutsche Bank 9th Annual Lithium & Battery Supply Chain Conference

Albemarle Corporation to Participate in Virtual Fireside Chat at the Deutsche Bank 9th Annual Lithium & Battery Supply Chain Conference

Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity, and health, announced today that Eric Norris chief commercial officer, will participate in a fireside chat at the Deutsche Bank Lithium & Battery Supply Chain Conference on Wednesday, Dec. 4 .

Albemarle Corp. Logo. (PRNewsFoto/Albemarle Corporation)

The fireside chat is scheduled from approximately 8 to 8:20 a.m. EST . The webcast will be accessible at the time of the event through the News and Events page on Albemarle's website at http://investors.albemarle.com . A webcast replay will be posted to the company's website immediately following the conclusion of the event and will be available for 180 days.

About Albemarle 
Albemarle Corporation (NYSE: ALB) leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com , LinkedIn and on X (formerly known as Twitter) @AlbemarleCorp .

Albemarle regularly posts information to www.albemarle.com , including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.

Media Contact: Peter Smolowitz , +1 (980) 308-6310, media@albemarle.com
Investor Relations Contact:
+1 (980) 299-5700, invest@albemarle.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/albemarle-corporation-to-participate-in-virtual-fireside-chat-at-the-deutsche-bank-9th-annual-lithium--battery-supply-chain-conference-302319910.html

SOURCE Albemarle Corporation

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