On December 22, 2020, Rock Tech Lithium Inc. (TSXV:RCK) closed the transaction. The company issued 9,994,447 units at the price of CAD 0.85 per unit for gross proceeds of CAD 8,495,279.95. The transaction was led by Apeiron Investment Group Ltd., the family office of serial entrepreneur and individual investor Christian Angermayer, who subscribed for over 30% of the offering and will, after closing, own 19.6% of the Company on a partially-diluted basis. Dirk Harbecke, Chairman of the board of directors of the company subscribed 1,176,000 common shares for over 11% of the transaction, bringing his partially-diluted ownership position, after closing, to 17.7%. All securities issued in connection with the Offering are subject to a four-month hold period expiring on April 19, 2021. Each warrant entitles the holder to purchase an additional common share of the company at a price of CAD 1 per share until December 17, 2022, subject to accelerated expiry in certain circumstances. The investment by Apeiron Investment Group Ltd. has led them to be deemed an Insider and, as such, is closing in escrow pending clearance of required Personal Information Forms by the TSX Venture Exchange. The TSX Venture Exchange has accepted for filing the Personal Information Forms submitted by Apeiron Investment Group’s principals, and the company anticipates the final approval from the Exchange in the coming days. The company announced that TSX venture exchange has accepted filling documentation for the transaction. The transaction included participation from 28 placees.