Rock Tech Closes Private Placement
(firmenpresse) -
Rock Tech Closes Private Placement
Vancouver, BC, Canada - July 5, 2016 - Rock Tech Lithium Inc. (the "Company") (TSX-V: RCK | Frankfurt: RJIB), further to its news release on June 27, 2016, is pleased to announce the closing of its non-brokered private placement (the Offering) consisting of 3,940,000 units (the Units) of the Company at a price of $0.30 per Unit for gross proceeds of $1,182,000. Each Unit consists of one common share of the Company and one-half of one share purchase warrant. Each full warrant entitles the holder to purchase an additional common share of the Company at a price of $0.50 per share until July 5, 2018, subject to accelerated expiry in the event that the Companys shares trade at $0.75 per share or more for a period of twenty (20) consecutive trading days after expiry of the 4-month hold period on November 6, 2016.
All securities issued in connection with the Offering are subject to a statutory hold period expiring on November 6, 2016.
The proceeds of the private placement will primarily be used for further exploration and development of the Companys 100%-owned Georgia Lake lithium property, located near Thunder Bay, Ontario.
No finders fees were paid in connection with the Offering.
On behalf of the Board of Directors of the Company,
"MARTIN STEPHAN"Martin StephanDirector, Chief Executive Officer
For further information, please contact:
Brad BarnettChief Financial OfficerRock Tech Lithium Inc. 1021 West Hastings Street, Suite 900Vancouver, B.C., V6E 0C3Telephone: (604) 558-5123Facsimile: (604) 670-0033Email: bbarnett(at)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, "forwardlooking statements". Forwardlooking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forwardlooking 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 forwardlooking statements.
Leseranfragen:
" alt="Aben to Acquire 23,000 Hectares within B.C.’s Golden Triangle
Datum: 06.07.2016 - 13:01 Uhr
Sprache: Deutsch
News-ID 481772
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