Rock Tech Lists on Frankfurt Stock Exchange
Vancouver, BC, Canada / TheNewswire / March 31, 2016 - Rock Tech Lithium Inc. (the "Company") (TSX-V: RCK) announces that, effective Thursday, March 31, 2016, the Company's shares were listed on the Frankfurt Stock Exchange (Open Market Quotation Board) under the symbol "RJIB".
The Frankfurt Stock Exchange, responsible for 90 percent of the securities trading volume in Germany, is the world's third largest trading center for securities and Germany's largest exchange.
"The Frankfurt Stock Exchange provides a key gateway to the European market," said Martin Stephan, Rock Tech's Chief Executive Officer. "This listing will re-introduce the Company to the European market, specifically Germany, Switzerland and Austria, a market consisting of more than 100 million people with the highest rate of growth and highest income per capita in the European Union."
Dirk Harbecke, Rock Tech's Chairman, added, "With lithium being one of the most interesting metals at the moment, being in high demand due to the positive outlook for the worldwide battery industry, this listing will provide European investors with cost-efficient exposure to our lithium assets."
The International Securities Identification Number ("ISIN") is CA77273P2017.
On behalf of the Board of Directors of the Company,
"Martin Stephan"
Martin Stephan
Chief Executive Officer
About the Lithium Industry: Growing lithium demand is driven by high growth rates in lithium-ion batteries. Lithium-ion batteries are ubiquitous, found in power tools, household appliances, vehicles, laptop computers, smartphones and tablets. The segments expected to drive future growth include electric vehicles and stationary energy storage systems. These two segments, in addition to continued growth in portable electronics, are expected to increase the share of lithium consumed in batteries from 35% of global lithium supply today to over 60% by 2025.
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@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, "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.
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