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Rover Metals (TSXV:ROVR) upsizes private placement financing

Mining, The Market Online Deal Room
TSXV:ROVR
21 February 2023 15:15 (EDT)

Rover Metals Corp. (ROVR) has upsized its previously-announced private placement for gross proceeds of $900,000.

The company will issue a total of 11,250,000 units priced at C$0.08 per unit. Each unit consists of one common share and one share purchase warrant.

The offering is expected to close on February 25, pending all required regulatory approvals.

All securities issued will be subject to a statutory four-month hold period.

Rover Metals is a junior mining company developing a diverse portfolio of mineral resource projects in Nevada and the Northwest Territories.

Rover Metals Corp. (ROVR) is down 10 per cent on the day, trading at C$0.09 per share at 11 am ET.


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