Rock Tech Lithium Raises $3.31 Million for Converter Projects

Rock Tech Lithium (TSE:RCK) has released an update.

Rock Tech Lithium Inc. has successfully completed a non-brokered private placement, raising $3.31 million through the issue of over 2.7 million units at $1.20 each. The funds will advance the company’s North American Converter project and recycling strategy, with a focus on sustainable lithium production for the EV and battery industry. The company also paid finder fees and extended a vote of thanks to shareholders, while planning for strategic investments and additional subsidies.

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