21 February 2023
Vancouver, British Columbia – (February 21, 2023) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) announces that further to its releases of December 21, 2022, and February 14, 2023, the Company is increasing the size of its $0.08 Unit Financing to accommodate additional orders. The Company will now raise up to CAD900,000. The Company is targeting Friday February 24, 2023, as the closing date for the third and final closing. An updating release will be provided once the Company has received approval from the Toronto Venture Exchange (the “TSXV”) for the third closing. Securities issued under the third closing will have the standard four month regulatory hold period. Assuming the $0.08 Unit Financing is fully subscribed, the Company will have issued 11,250,000 common shares and 11,250,000 warrants, plus finders’ warrants, across three closings (November 16, 2022, December 21, 2022, and February 24, 2023).
If you would like to participate in the oversubscription allocation please contact me asap as all subscription agreements need to be in by Wednesday.
About Rover Metals
Rover is a publicly traded junior mining company that trades on the TSXV under symbol ROVR, on the OTCQB under symbol ROVMF, and on the FSE under symbol 4XO. Rover is currently focussed on the development of a claystone lithium project in southwest Nevada, USA, near to the city of Las Vegas. Plans for 2023 include a maiden reverse circulation drill program at the Let’s Go Lithium project.
The Company has a diverse portfolio of mining resource development projects with varying exploration timelines. Its critical mineral projects include lithium, zinc, and copper. Its precious metals projects include gold and silver. The Company is exclusive to the mining jurisdictions of Canada and the U.S.