- Rover Metals (ROVR) has closed its non-brokered private placement for gross proceeds $1,991,260
- The company issued a total of 39,457,000 common shares and 17,887,500 warrants
- Proceeds will be used for exploration at the Cabin Gold Project, and for working capital
- Rover Metals is a precious metals exploration company specializing in North American precious metal resources
- Rover Metals Corp. (ROVR) is up 14.29 per cent on the day, trading at C$0.04 at 3:30 pm ET
Rover Metals (ROVR) has closed its non-brokered private placement for gross proceeds $1,991,260.
The company issued a total of 39,457,000 common shares and 17,887,500 warrants.
On March 21, Rover closed the first tranche of the financing for gross proceeds of $1,180,510.
On April 26, 2022, Rover closed the second tranche of the financing for gross proceeds of $467,500.
The third and final tranche realized gross proceeds $343,250.00.
Proceeds will be used for exploration at the Cabin Gold Project, and for working capital.
Finders’ fees consisting of $88,695.70 in cash and 1,748,840 finders’ warrants were paid in conjunction with the offering.
Rover Metals is a precious metals exploration company specializing in North American precious metal resources. The company is currently advancing its existing projects in the Northwest Territories.
Rover Metals Corp. (ROVR) is up 14.29 per cent on the day, trading at C$0.04 at 3:30 pm ET.