Rock Tech Engages Technical Geological Adviser as Company Prepares to Launch Exploration Program at its Georgia Lake Lithium Project
(firmenpresse) - Rock Tech Engages Technical Geological Adviser as Company Prepares to Launch Exploration Program at its Georgia Lake Lithium Project
Vancouver, BC, Canada - July 18, 2016 - Rock Tech Lithium Inc. (the "Company") (TSX-V: RCK; Frankfurt: RJIB), is pleased to announce that it has entered into a consulting agreement with Arriva Management Inc. (Arriva) to provide technical geologic and strategic consulting to the Company. The Company is preparing to launch an exploration program at its 100%-owned Georgia Lake lithium property. Arrivas technical team will work alongside Rock Techs well experienced field explorers who have years of experience at Georgia Lake. The Company is poised to act immediately upon the recently announced closing of its private placement financing of more than C$1,000,000 earlier this month (see news release July 5, 2016).
The Georgia Lake exploration program will have a robust and diverse field component and Arriva will assist with guidance on this program and other strategic and technical advice on the Companys further property development. This will include broader support with scientific, exploration and strategic relationships, and the identification, evaluation and potential acquisition of additional battery metal projects.
Martin Stephan, CEO of Rock Tech Lithium, comments: We are currently expanding the knowledge and skills of our company, on our way to becoming a key player in the field of lithium and battery metals. We are very happy to announce the agreement with Arriva, an expert firm with high project and implementation skills in the exploration and mining sector. We have known their team for years and Arriva is closing a gap in our knowledge base and will support us in accelerating the further development of our Georgia Lake lithium project as well as entering into complementing projects.
As partial compensation for the services to be provided, Arriva will receive USD$22,500 worth of common shares of the Company. The common shares will be paid in tranches after services have been rendered, per the Policies of the TSX Venture Exchange.
The agreement and all securities proposed to be issued thereunder are subject to the approval of the TSX Venture Exchange.
About Arriva Management Inc.
Arriva is a private, Canada-based consulting firm serving the mineral resources sector. Working with a number of experienced mining and mineral exploration experts providing a wide range of mineral exploration expertise, Arriva is an excellent fit for Rock Techs growth plans. Arriva strives to provide information and services that deliver quality and speed to exploration programs. With experience in working in various parts of the world, Arriva offers a global perspective and is on top of current trends.
About Rock Tech Lithium Inc.
Rock Tech Lithium is an exploration company focused on acquiring and exploring properties in the field of lithium and other selected battery metals.
ty, located northeast of Thunder Bay, Ontario, has an NI 43-101 compliant indicated resource estimate of 3.19 million tonnes grading 1.10% lithium oxide in addition to an inferred resource estimate 6.31 million tonnes grading 1.00% lithium oxide. To download the NI 43-101 resource estimate and learn more about Rock Tech, please visit our website at www.rocktechlithium.com.
On behalf of the Board of Directors of the Company,
"MARTIN STEPHAN"
Martin Stephan
Director, Chief Executive Officer
For further information, please contact:
Brad Barnett
Chief Financial Officer
Rock Tech Lithium Inc.
1021 West Hastings Street, Suite 900
Vancouver, B.C., V6E 0C3
Telephone: (604) 558-5123
Facsimile: (604) 670-0033
Email: 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.
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Datum: 19.07.2016 - 08:56 Uhr
Sprache: Deutsch
News-ID 483916
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