Mr. Nasim Tyab reports
ROVER ANNOUNCES SECOND AND FINAL CLOSING OF ITS $0.15 UNIT FINANCING
Further to its June 18, 2025, and July 9, 2025, news releases, Rover Critical Minerals Corp. has
received approval from the TSX Venture Exchange to close its 15-cent-per-unit financing.
The company has raised an additional $174,398.05 under a second and final closing of the financing and has
issued 1,162,654 units, with each unit comprising one common share and one-half of
a common share purchase warrant, with each warrant having an exercise price of 20 cents per warrant
share, expiring two years from the date of issue.
The company has raised a total of $387,548.10 under both closings of this financing, issuing a total of 2,583,654
units.
Two insiders subscribed to the financing for $190,398.15, or 1,269,321 units, that portion of the financing being a
related party transaction as such term is defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in
Special Transactions. The company is relying on exemptions from the formal valuation requirement under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction,
insofar as it involves the interested party, is not more than 25 per cent of the company's market capitalization.
The company has paid finders' fees of $420 and has issued 2,800 non-transferable broker warrants in
connection with the financing. The broker warrants have an exercise price of 20 cents and a life of two years.
All securities issued pursuant to the financing bear a four-month-plus-one-day restrictive legend.
Use of proceeds
The proceeds from this financing will be used for working capital for general and administrative expenses,
including existing mineral property purchase option agreements.
About Rover Critical Minerals Corp.
Rover is a publicly traded junior mining company that trades on the TSX-V under 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.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.