Rover Extends Closing of $0.03 Unit Financing
ROVER EXTENDS CLOSING OF $0.03 UNIT FINANCING NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S. Vancouver, British Columbia – (July 3, 2024) – Rover Critical Minerals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FSE:4XO) (“Rover” or the “Company”) is pleased to announce that further to its release of May 15, 2024, the Company is seeking to extend the closing date of its $0.03 Unit Financing to July 17, 2024. The Company is seeking to raise up to an additional $472,656 under this financing. Since May 15, 2024, management of the Company have been busy working on strategic alternatives for the Company’s Cabin Gold project, as released on June 4, 2024, in an effort to maximize value for its holders. Progress is being made on the $0.03 Unit Financing, and management simply needs more time.
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 TSXV for the financing.
Use of Proceeds The proceeds from any future closings of the $0.03 Unit Financing will be used to finance ongoing permitting and exploration work at the Company’s Let’s Go Lithium project located in the Amargosa Valley of Nevada, USA. Judson Culter, CEO at Rover, states: “Management believes that completing a transaction for our Cabin Gold project is a key next step for unlocking the historic value in our Company to our holders. We are working hard on a transaction, and we hope to have an update for the market soon.”
Paddy Moylan, Rover’s President comments: “We continue to work on the financing and advancing plans for the Cabin Gold project. We look forward to providing a detailed update in the short term.”
About Rover Critical Minerals
Rover is a publicly traded junior mining company that trades on the TSXV under symbol ROVR, on the OTCQB under symbol ROVMF, and on the FSE under symbol 4XO. The Company is focussed on the permitting and exploration of the LGL project, a claystone lithium project in the Amargosa Valley of Nevada, USA.
You can follow Rover on its social media channels:
Twitter: https://twitter.com/rovermetals LinkedIn: https://www.linkedin.com/company/rover-critical-minerals/mycompany/?viewAsMember=true for daily company updates and industry news, and YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber for corporate videos.
Website: https://www.rovercriticalminerals.com/
ON BEHALF OF THE BOARD OF DIRECTORS
“Judson Culter”
Chief Executive Officer and Director
For further information, please contact:
Email: [email protected] Phone: +1 (778) 754-2617
Statement Regarding Forward-Looking Information
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause Rover's actual results, performance, achievements, or developments in the industry to differ materially from the anticipated results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. There can be no assurance that such statements prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover’s expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.