Canadian miner Rock Tech Lithium has signed a binding business combination agreement with Swiss junior mining company Arcore to merge their subsidiaries and establish a new European entity named NewCo ...
Rock Tech Lithium announces the establishment of a new company called NewCo together with the Swiss mining company Arcore.
Rock Tech (OTCQX:RCKTF) hopes to build and operate Europe's first lithium converter in Guben, Germany, with a capacity of 24K metric tons/year of lithium, hydroxide and monohydrate; the plant ...
The parties will establish a European joint-venture that controls Rock Tech's Guben Converter in Germany, as well as Arcore's Lopare project in Bosnia-Herzegovina. The business combination ...
Upon completion of the transaction, Rock Tech will transfer the shares of its fully owned subsidiary, Rock Tech Guben, to NewCo in exchange for a 75% stake in NewCo’s registered share capital.