05:35:40 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
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Rover Critical Minerals Corp
Symbol ROVR
Shares Issued 52,748,338
Close 2024-03-11 C$ 0.03
Market Cap C$ 1,582,450
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Rover Critical appoints Pedersen as director

2024-03-11 11:33 ET - News Release

Mr. Judson Culter reports

ROVER APPOINTS GUNNAR PEDERSEN AS DIRECTOR

Rover Critical Minerals Corp. has appointed Gunnar Pedersen to the company's board of directors. Salim Tharani has tendered his resignation as director to accommodate the appointment of Mr. Pedersen. The board of directors of the company wishes to thank Mr. Tharani for his services. Mr. Tharani will be retained as a consultant to the company on an as-needed basis.

Mr. Pedersen, director

Mr. Pedersen holds a graduate degree in financial economics from the Norwegian School of Economics and is a CFA charter holder. He has absolute-return investing and portfolio management experience since 1996, specializing in thematic global macro investing, fixed income and FX (foreign exchange). His more recent research interests include socially responsible investments, the battery materials value chain and renewable/traditional energy. During his career, Mr. Pedersen has co-founded and founded two absolute-return-focused investment funds. Currently, he is self-employed at his firm Asymmetric Asset Management, where he focuses on portfolio management and thematic investing, consultancy engagements, and directorships. Pursuant to Mr. Pedersen's appointment as director, he has been granted 500,000 incentive stock options from Rover's rolling 10 per cent stock option plan. The stock options have an exercise price of five cents and a useful life of four years.

Judson Culter, chief executive officer at Rover, states: "Appointing Gunnar to our board of directors is part of our one-two-punch strategy of bolstering our ranks. Gunnar joins Paddy Moylan as a new incoming director. Both Gunnar and Paddy manage family offices that are focused on critical minerals resource investing."

Mr. Moylan, Rover's president, comments: "Gunnar's appointment continues our laser-like focus on critical minerals. The team are working really hard. I look forward to positive news flow hitting the market. Gunnar will be a great help with his fund involvement and connections. Stay tuned."

About Rover Critical Minerals Corp.

Rover is a publicly traded junior mining company that trades on the TSX Venture Exchange under the symbol ROVR, on the OTCQB under symbol ROVMF and on the FSE under symbol 4XO. 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 the United States and Canada.

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