Mr. Nasim Tyab reports
ROVER ANNOUNCES FIRST CLOSING OF ITS $0.15 UNIT FINANCING
Further to its release of June 18, 2025, Rover Critical Minerals Corp. has closed the first tranche of its 15-cent-per-unit financing for gross proceeds of $213,150.05. The company will issue 1,421,000 units pursuant to the first closing. Each unit comprises one common share and one-half of a common share purchase warrant. The warrants on the units have an exercise price of 20 cents per warrant share, with a life of two years. The shares and warrants issued under the second and final closing will bear the minimum four-month regulatory hold period from the date of issuance. The company has received conditional acceptance from the TSX Venture Exchange for the closing of this financing. The company has paid finders' fees of $420 and has issued 2,800 finder warrants in connection with the first closing. The finder's warrants have an exercise price of 20 cents and a life of two years.
Use of proceeds
The proceeds from the first closing will be used for working capital for general and administrative expenses.
About Rover Critical Minerals Corp.
Rover is a publicly traded junior mining company that trades on the TSX-V under the symbol ROVR. The company has a diverse portfolio of mining resource development projects with varying exploration timelines. Its critical mineral projects include lithium. Its precious metals projects include gold.
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