Firm clarifies information about its lithium plan – by Carl Clutchey (Thunder Bay Chronicle-Journal – January 3, 2021)

https://www.chroniclejournal.com/

A Vancouver company proposing to build a US$457-million lithium plant in Thunder Bay has clarified “misleading” information it released about the project in November following a review by the British Columbia Securities Commission.

“Accordingly, the company has retracted and restated certain statements contained in a Nov. 4, 2020, news release, and advises the public to not rely on the retracted statements,” Rock Tech Lithium Inc. said in a statement in December.

A Northwestern Ontario mining-industry veteran said corporate retractions are not unheard of, and occasionally occur when news releases go out before being thoroughly reviewed.

In its statement, Rock Tech said its earlier news release had neglected to point out that inferred mineral resources with which it intends to supply its proposed Thunder Bay operation “is preliminary in nature.”

For the rest of this article: https://www.chroniclejournal.com/news/local/firm-clarifies-information-about-its-lithium-plan/article_b1650394-3e9e-11eb-9ca6-af5b7fee845a.html

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