TSXV Approves Appointment of Moylan as President and Director
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TSXV APPROVES APPOINTMENT OF MOYLAN AS PRESIDENT AND DIRECTOR
Vancouver, British Columbia – (March 6, 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 February
5, 2024, the Toronto Venture Exchange (the “TSXV”) has approved the appointment of Mr. Paddy J. Moylan as
both Director and President of the Company. Pursuant to the approval of Moylan as President, Mr. Keith C. Minty
has resigned the President role. Mr. Minty will continue to serve as a Director on the Company’s Board.
Paddy Moylan, President, Director
Pursuant to Mr. Moylan’s appointment as Director, he has been granted 500,000 incentive stock options from
Rover’s rolling 10% stock option plan. The stock options have an exercise price of $0.05 and a useful life of four
years. Pursuant to Mr. Moylan’s President role, he has been engaged on an independent contractor basis for a period
of four years from February 1, 2024, through to July 4, 2027. Mr. Moylan will be paid CAD7,500 per month, and
CAD2,500 of his monthly compensation will be paid in common shar es of the Company. The TSXV has
conditionally approved the common shares for services agreement. The monthly conversion price for the CAD2,500
monthly common shares payment shall be the greater of: (a) the five day VWAP for the last 5 trading days of the
month; or (b) $0.05. The common shares will be issued on a quarterly basis, in the month following the end of each
calendar year quarter-end. The Moylan contract is subject to a standard termination provision, at the option of the
Company, or at the option of Mr. Moylan. Mr. Moylan, as President, will receive a future stock option grant in the
Company upon achieving certain management milestones set by the Company’s Board of Directors. Any future
stock option grant will be subject to a news release by the Comp any and subject to the T SXV’s policy and in
accordance with the Company’s rolling 10% Stock Option Plan.
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 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 U.S. and Canada.
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/
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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.