Rover Metals Increases Size of $0.08 Unit Financing

Provided By Globe Newswire

Last update: Feb 21, 2023

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VANCOUVER, British Columbia, Feb. 21, 2023 (GLOBE NEWSWIRE) -- 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 25, 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).