VANCOUVER, July 18, 2017 /CNW/ - Rock Tech Lithium Inc. (TSX-Venture: RCK | Frankfurt: RJIB) (the "Company" or "Rock Tech") is pleased to announce the appointment, effective July 18, 2017, of Dr. Peter Kausch to the Board of Directors of the Company.
Dr. Kausch holds Doctorate and Masters of Science degrees in Mining Engineering and has over 40 years of experience in the natural resources sector. He has served as an advisor to the United Nations Seabed Committee and held a variety of progressive positions with Rheinbraun AG (now RWE Power AG), including managing director of Rheinbraun US GmbH and chairman of Rheinbraun Australia Pty Ltd, Sydney. During his distinguished career with Rheinbraun, Dr. Kausch participated in building uranium divisions in North America and Australia and organized the US hard coal division.
Additionally, Dr. Kausch has served as the chairman of the German-Chinese Coal Group and of the German Association of Foreign Mining. Dr. Kausch has also served on the boards of Uranerz Exploration and Mining Ltd., Consol Energy Inc., Energy Resources of Australia and SSM, Rotterdam (a hard coal trading company), in addition to several other directorships with natural resource companies in Canada and Australia.
Dr. Kausch was a lecturer and honorary professor of International Management of Resources and Environment, at the Technical University, Bergakademie, in Freiberg, Germany.
"We are honoured to welcome Dr. Kausch to the board of directors of Rock Tech Lithium," said Dirk Harbecke, the Company's chairman. "Dr. Kausch brings to Rock Tech a wealth of experience from a distinguished career in academia and in the natural resources sector."
The Company also announces that it has granted to Dr. Kausch 55,000 stock options with an exercise price of $0.93 and an expiry date of July 17, 2019.
On behalf of the Board of Directors of the Company,
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.
SOURCE Rock Tech Lithium Inc.
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: [email protected]