Mr. Judson Culter reports

ROVER METALS ANNOUNCES AND ARRANGES $0.08 UNIT FINANCING

Rover Metals Corp. has arranged a non-brokered private placement financing for a minimum of $300,000 and a maximum of $1.25-million. The company will issue eight-cent units. Each unit is priced at eight cents, and is composed of one common share and one common share purchase warrant. The warrants on the units have an exercise price of 12 cents per warrant share and a life of 2-1/2 years. Assuming the financing is fully subscribed, there will be up to 15,625,000 common shares and 15,625,000 common share purchase warrants issued in connection with this financing, plus any finders' commission warrants.

Further to the above announcement, Rover has received orders for $500,000 and has also received approval from the TSX Venture Exchange to close the first tranche of the unit financing for gross proceeds of $500,000. The company will issue 6.25 million common shares and 6.25 million warrants. Finders' commissions are being paid in connection with the first closing in the amount of cash commissions of $30,000 and finders' warrants of 375,000. The finders' warrants will have an exercise price of 12 cents and a useful life of 2-1/2 years. The shares and warrants issued under the first closing will bear the minimum four-month regulatory hold period from the date of issuance.

The financing is being led by experienced lithium investors from Europe and Australia.

An updating release will be provided once the company has completed any future closings of the unit financing, including receipt of final acceptance from the TSX-V for the financing.

Use of proceeds

The proceeds from the first closing will be used for phase 2 exploration drilling at the company's Let's Go lithium project located in Southwest Nevada.

About Rover Metals Corp.

Rover is a publicly traded junior mining company that trades on the TSX-V under symbol ROVR, on the OTCQB under symbol ROVMF and on the Frankfurt Stock Exchange under symbol 4XO. Rover is currently focused on the development of a claystone lithium project in southwest Nevada, United States. Plans for 2023 include a reverse circulation drill program at the Let's Go lithium project.

We seek Safe Harbor.