(TheNewswire)
Vancouver, BC, Canada - TheNewswire - October 13, 2020 - Rock Tech Lithium Inc. (the"Company" or "Rock Tech") (TSXV:RCK ) ( Frankfurt:RJIB) is pleased to announce it hasjoined the European Raw Materials Alliance ("ERMA").
ERMA, launched by the European Commission on September 29, 2020, hasthe following primary objectives:
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- Establishing a dynamic European Union industrial alliance on the rawmaterials needed for industrial ecosystems.
- Identifying investment and enabling policy requirements, possiblyincluding industrial consortia in the framework of Important Projectsof Common European Interest.
- Creating a deeper awareness of raw materials and advanced materialsas enablers for the EU Green Deal.
"Rock Tech is very excited to be joining the European RawMaterials Alliance," said Dirk Harbecke, Rock Tech's chairman."Momentum is accelerating as policymakers and industryparticipants coalesce around the notion of security of supplyregarding the critical raw materials that enable a globallycompetitive, green and digital economy."
Among other deliverables, ERMA will install a Raw Materials InvestmentPlatform to bring investors and investees together in addition toassessing EU funding opportunities and financing sources forinvestment opportunities both inside and outside of Europe.
"We continue to make significant progress in our downstreamstrategic pursuits," added Simon Bodensteiner, the Company'sChief Executive Officer. "Strategic autonomy and sovereignty,particularly with respect to battery metals, is gaining considerablesupport with the establishment of ERMA and we are delighted to becollaborating with fellow alliance partners."
About the European Raw MaterialsAlliance ("ERMA")
ERMA is an open and inclusive alliance that provides an open andindependent forum for discussion and analysis, as well as a mechanismfor translating potential projects into actual activities andinfrastructures that will contribute to creating long-lasting addedvalue and jobs for Europe. ERMA will identify barriers, opportunitiesand investment cases to build capacity at all stages of the rawmaterials value chain, from mining to waste recovery. In addition toinvesting in infrastructure and capacity building within the EU, theAlliance will support activities aimed at securing a sustainablesupply of raw and advanced materials for the EU's industrialecosystems. In line with the goals of the European Green Deal and withthe expectations of European citizens, the initiatives supportedthrough ERMA will bolster the creation of environmentally sustainableand socially equitable innovations and infrastructures. Thistransformation will build on educational excellence and on theconversion of existing workforce and industrial ecosystems to servicethe needs of the green economy.
On behalf of the Board of Directors,
"SimonBodensteiner"
Simon Bodensteiner
Director, Chief Executive Officer
For further information, pleasecontact:
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 RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
Statements included in this announcement, includingstatements concerning our plans, intentions and expectations, whichare not historical in nature are intended to be, and are herebyidentified as, "forward - looking statements". Forward - looking statements may be identifiedby words including "anticipates", "believes","intends", "estimates", "expects" andsimilar expressions. The Company cautions readers thatforward - lookingstatements, including without limitation those relating to theCompany's future operations and business prospects, are subject tocertain risks and uncertainties that could cause actual results todiffer materially from those indicated in the forward - looking statements.
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