Rock Tech Lithium and BMI Group Establish CAD $200 Million Anchor Partnership to Advance Red Rock Lithium Converter in Canada

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Rock Tech Lithium and BMI Group Establish CAD $200 Million Anchor Partnership to Advance Red Rock Lithium Converter in Canada /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire BMI Group to anchor partnership with CAD $200 million planned investment.Up to CAD $30 million in initial non-dilutionary funding to advance the Red Rock Converter towards FID.Rock Tech retains full operational control and project execution of the Red Rock Converter.Rock Tech's proven Guben Converter design leveraged to accelerate development and reduce risks. The investment builds on the recently published partnership with Siemens Canada to integrate digital twin and automation technology. The partnership reinforces the strategic critical raw material cooperation between Canada and Europe through BMI Group's European investor relationships.TORONTO, April 8, 2026 /CNW/ - Rock Tech Lithium Inc. (TSX-V: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce a strategic partnership with the BMI Group Inc. ("the BMI Group"), a Canadian industrial infrastructure platform company, to develop Rock Tech's lithium converter facility in Red Rock, Ontario, Canada ("the Project").  Strategic Partnership Structure and CAD $200 Million Investment The partnership is expected to be structured as a general partner / limited partner arrangement, with Rock Tech controlling the general partner and the BMI Group acting as the lead limited partner and anchor investor. Under the proposed structure, Rock Tech will retain full control and responsibility for project development, engineering, and operations, as well as all key technical, commercial, and strategic decision-making.The BMI Group intends to invest CAD $200 million in the Project as part of a broader equity structure to be finalized as the Project advances. Rock Tech, together with additional partners, is expected to contribute additional equity capital over time. The joint objective is to build processing capacity in Canada — strengthening value creation, planning certainty, and supply security for North American industrial off-takers."BMI Group's signi...

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