Rock Tech Lithium Shareholders Authorize Share Consolidation

The meeting saw a turnout of 6,722,634 common shares, representing 5.60% of the company's issued and outstanding stock. Beyond the consolidation resolution, which passed with 98.54% support, shareholders confirmed the election of directors Dirk Harbecke, Michelle Gahagan, and Dr. Beate Degen. The assembly also approved the company’s omnibus equity incentive plan and the re-appointment of MNP LLP as auditor, with all items receiving approval ratings above 98%.

While the consolidation resolution is now authorized, the final ratio and implementation timeline remain subject to board discretion and approval from the TSX Venture Exchange. Rock Tech currently focuses on developing lithium converter projects in Guben, Germany, and Red Rock, Ontario, aiming to secure a regional supply chain for the battery industry. The company continues to advance its Georgia Lake Project in Canada, emphasizing partnerships with local Indigenous communities to bolster its ESG-compliant raw material sourcing.