12:13 PM EDT, 03/25/2025 (MT Newswires) -- Rock Tech Lithium ( RCKTF ) was last seen up 15% after the company on Tuesday closed a non-brokered private placement of share units that raised $2.64 million.

The company said it placed 2.64-million units in the financing, with each priced at $1.00 and made up of a share and a three-year warrant to buy a second share for $1.30.

Rock Tech intends to use the proceeds of the offering to finance "the continued development of the company's integrated conversion strategy," and for general corporate purposes

The company's shares were last seen up $0.15 to $1.15 on the TSX Venture Exchange.

Price: 1.15, Change: +0.15, Percent Change: +15.00