Business

Acquisition of Shares by Dirk Harbecke

(via Thenewswire.ca) Vancouver, BC, Canada / TheNewswire / May 30, 2016 - Rock Tech Lith...

articleRock Tech Lithium Inc.May 30, 20163/company/rock-tech-lithium-inc/news/acquisition-of-shares-by-dirk-harbecke
Acquisition of Shares by Dirk Harbecke

About this update from Rock Tech Lithium Inc.

[{"type":"text","content":"Acquisition of Shares by Dirk Harbecke(via Thenewswire.ca)\n \n \nVancouver, BC, Canada / TheNewswire / May 30, 2016 - Rock Tech Lithium Inc. (the \"Company\") (TSX-V: RCK) announces that Dirk Harbecke (the \"Purchaser\"), Chairman of the Company, has acquired, in a private transaction with an arm's length party, 750,000 common shares and 750,000 share purchase warrants of the Company.\n\n \n \nPrior to giving effect to the recent acquisition, the Purchaser held 1,352,367 shares, representing 6.84% of the issued and outstanding shares of the Company. After giving effect to the acquisition, the Purchaser holds 2,102,367 shares, representing 10.63% of the issued and outstanding shares of the Company. Assuming exercise of the 750,000 warrants acquired, the Purchaser would hold 2,852,367 shares, representing 14.42% of the issued and outstanding shares of the Company.\n\n \n \nThe shares and warrants were acquired for investment purposes 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 30, 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\nDirector, Chief 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...

More updates from Rock Tech Lithium Inc.