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Rover Announces Closing of the Definitive Agreement for the Assignment of the Up Town Gold Project

Mergers & Acquisitions

Rover Announces Closing of the Definitive Agreement for the Assignment of

the Up Town Gold Project

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) -- Rover Metals Corp. (TSXV: ROVR) (OTCQB:

ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that further to its release of December 7, 2020, the

Company has closed the definitive assignment agreement for the Up Town Gold Project, NT, Canada.

The Up Town Gold Assignment Agreement

Rover has assigned the right to earn a 75% ownership in the Up Town Gold Project, NT, Canada, to Melius Capital Corp. Rover

will retain a 25% interest in the project.

Melius Capital Corp.

Melius Capital Corp. is seeking a public listing of its shares on the Canadian Securities Exchange (the “CSE”) in Q3-2021, and

expects to change its name to Artic Fox Minerals. Eligible shareholders can find more information about the public listing

here.

Exploration at the Up Town Gold Project

Summer exploration is planned for the Up Town Gold Project, beginning with an airborne geophysics and mapping LiDAR

program commencing next week.

About Rover Metals

Rover is a precious metals exploration company specialized in North American precious metal resources, that is currently

advancing the gold potential of its existing projects in the Northwest Territories of Canada (60 th parallel). The Company has

recently re-branded, and has a new corporate logo, and has updated the look and feel of its website, and

corporate documents.

You can follow Rover on its social media channels:

Twitter: https://twitter.com/rovermetals

LinkedIn: https://www.linkedin.com/company/rover-metals/

Facebook: https://www.facebook.com/RoverMetals/

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.rovermetals.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 or

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 be 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 or

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.