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Acquisition of Shares by BTI International

(via Thenewswire.ca) Vancouver, BC, Canada / TheNewswire / May 3, 2016 - Rock Tech Lithi...

articleRock Tech Lithium Inc.May 3, 20165/company/rock-tech-lithium-inc/news/acquisition-of-shares-by-bti-international
Acquisition of Shares by BTI International

About this update from Rock Tech Lithium Inc.

[{"type":"text","content":"Acquisition of Shares by BTI International(via Thenewswire.ca)\n\n \nVancouver, BC, Canada / TheNewswire / May 3, 2016 - Rock Tech Lithium Inc. (the \"Company\") (TSX-V: RCK) announces that BTI International (the \"Purchaser\"), an Arm's Length party to the Company, has acquired, in a shares-for-debt transaction, 3,022,096 common shares of the Company.\n\n \n \nPrior to giving effect to the recent acquisition, the Purchaser held 37,500 shares, representing 0.22% of the issued and outstanding shares of the Company. After giving effect to the acquisition, the Purchaser holds 3,059,596 common shares, representing 15.47% of the issued and outstanding shares of the Company.\n\n \n \nThe shares were acquired through a shares-for-debt transaction and the Purchaser may, from time to time, increase or decrease his ownership of the securities of the Company through the market or otherwise, as circumstances or market conditions warrant.\n\n \n \nThis news release is being issued in accordance with National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated May 3, 2016. The early warning report respecting the transaction has been filed on the System for Electronic Document Analysis and Review (\"SEDAR\") under the Company's profile at www.sedar.com.\n\n \n \nOn behalf of the Board of Directors of the Company,\n\n\n \n\"Martin Stephan\"\nMartin Stephan\nChief Executive Officer\n\n\n \nFor further information, please contact:\n\n\n \nBrad Barnett\nChief Financial Officer\nRock Tech Lithium Inc. \n1021 West Hastings Street, Suite 900\nVancouver, B.C., V6E 0C3\nTelephone: (604) 558-5123\nFacsimile: (604) 670-0033\nEmail: [email protected]\n\n\n \nNeither 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.\n\n\n \nStatements 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 simil...

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