ROCK TECH LITHIUM ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES
Rhea-AI Summary
Rock Tech Lithium (OTCQX: RCKTF) engaged ICP Securities Inc. to provide automated market making services using its ICP Premium™ algorithm, effective December 11, 2025. The initial term is 4 months with automatic one-month renewals unless 30 days' notice is given. ICP will be paid a cash fee of C$7,500 per month plus taxes from Rock Tech's general working capital. No performance fees, options, or equity compensation are included. ICP does not currently hold an interest in Rock Tech, may acquire securities in the future, and will cover its own trading costs.
The service aims to correct temporary supply-demand imbalances and enhance liquidity and quote quality.
Positive
- Automated market making starts on Dec 11, 2025
- Paid service with no equity dilution or options
- Monthly fee capped at C$7,500 plus taxes
- ICP Premium™ algorithm aims to enhance liquidity and quotes
Negative
- Fee paid from general working capital (C$7,500/month)
- Agreement auto-renews monthly unless 30-day notice given
- ICP may acquire company securities in future, affecting float
The agreement between the Company and ICP was signed with a start date of December 11th, 2025, and is for four (4) months (the "Initial Term") and shall be automatically renewed for subsequent one (1) month terms (each such month, an "Additional Term") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. ICP will be paid a cash monthly fee of
ICP does not currently have any direct or indirect interest in the Company or its securities. ICP and its clients may acquire an interest in the securities of the Company in the future.
ICP is an arm's length party to the Company. ICP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares. ICP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.
ABOUT ICP SECURITIES INC.
ICP Securities Inc. is a
ABOUT ROCK TECH
Rock Tech is enabling the battery age by making the battery industries in
Rock Tech relies on responsible sourcing, state-of-the-art and proven technologies, and a clear focus on circular economy principles. The Company's lithium hydroxide converter projects in Guben,
The raw materials for Rock Tech's converter projects are sourced exclusively from verifiably ESG-compliant suppliers. In
With its facilities, Rock Tech makes a central contribution to battery-grade material sovereignty and the achievement of climate targets. The company works in partnership with industry, policymakers, and community groups, and is committed to open communication and the highest environmental standards.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION
Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking information pertaining to: the partnership between the Company and ICP, the market making activities to be performed by ICP; the anticipated benefits of the market making arrangement, including the potential for improved liquidity and trading in the Company's shares; and the Company's broader business strategy, including its role in
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SOURCE Rock Tech Lithium Inc.