Rover Critical - ROVMF STOCK NEWS

Rover Metals Corp. (TSXV: ROVR, OTCQB: ROVMF) plans to consolidate its common shares at a ratio of 1-for-6. Currently, there are 157,585,212 shares outstanding, which will decrease to approximately 26,264,202 following the consolidation. Fractional shares will be rounded according to specific rules, and no cash will be paid for them. The consolidation aims to facilitate future exploration financing for Rover's critical mineral projects without changing the company's name or ticker symbol. Approval from the TSX Venture Exchange is pending, with trading on a post-consolidation basis expected shortly after.

Rover Metals Corp. (OTCQB: ROVMF) has released its new corporate presentation and an interview with CEO Judson Culter, detailing plans for Q4 2022. The company is focused on developing a diverse portfolio of mineral projects in North America, including lithium, zinc-copper-lead-silver, and gold. Rover is dedicated to mining in Canada and the U.S. and keeps stakeholders updated through social media and its website.

Rover Metals Corp. (TSXV: ROVR, OTCQB: ROVMF, FSE: 4XO) announced the approval of the Indian Mountain Lake (IML) option purchase agreement by the Toronto Venture Exchange. The IML VMS Project has a substantial historic resource across four zones, totaling approximately 2,763,500 tons, with high-grade zinc, lead, and silver content. The property is strategically located near potential infrastructure developments, including hydro energy and existing mining operations. CEO Judson Culter emphasizes the potential for further discoveries within the project’s vast land package.

Rover Metals Corp. (OTCQB: ROVMF) has signed a definitive option agreement with Panarc Resources Ltd. to acquire a 90% interest in the Indian Mountain Lake VMS project in Canada. The project has a historical resource of 1.4 million tons grading 10% zinc and lead, and 3.5 ounces of silver per ton. Rover plans to invest $200,000 in exploration and make a $20,000 cash payment in the first year. Additionally, Rover will issue 3.5 million common shares to Panarc, pending approval. CEO Judson Culter highlights the potential for growth in critical minerals driven by domestic demand.

Rover Metals Corp. (OTCQB: ROVMF) has launched a new website as part of its strategic pivot towards critical minerals. This follows the company's announcement to option a 90% interest in the Indian Mountain Lake VMS project, featuring a historical resource of 1.4 million tons of zinc and lead, along with additional copper resources. The project benefits from potential infrastructure developments, including proximity to planned hydro-energy expansions. An update will follow after the execution of the Definitive Option Agreement. The company also announced a shares for services agreement approved by the TSXV.

Rover Metals Corp. (ROVMF) has signed a letter of intent to option a 90% stake in the Indian Mountain Lake Volcanic Massive Sulphide project in Canada, covering approximately 30,000 acres. The project boasts a historical resource of 1.4 million tons of combined zinc and lead and 610,000 tons of copper. CEO Judson Culter highlights the potential for discovering additional zinc and copper resources across the remaining 97% of the land. The project qualifies for a 30% federal tax credit as a critical mineral. Further developments are expected, including updates on the Cabin Gold Project.

Rover Metals Corp. (TSXV: ROVR, OTCQB: ROVMF) announces infrastructure advancements for its Cabin and Up Town Gold Projects in Northwest Territories, Canada. The Government of Canada's potential funding for Taltson Hydro dam expansion could enhance power availability for nearby mining operations, promoting ESG initiatives. Rover's exploration efforts are supported by territorial exploration grants and the recently opened Tlicho All Season Road. Additionally, the company has granted 500,000 stock options at $0.06 per share to a consultant, emphasizing ongoing strategic developments.

Rover Metals Corp. (ROVMF) announced the closure of its $0.05 Unit Financing, raising a total of $1,991,260. The financing included three tranches: the first raised $1,180,510, the second $467,500, and the third $343,250. In total, the company issued 39,457,000 common shares and 17,887,500 warrants during the financing process. The funds will support exploration at the Cabin Gold Project and cover future general working capital costs. Finders' fees amounted to $88,695.70 in cash and 1,748,840 finder’s warrants.

Rover Metals Corp. (OTCQB: ROVMF) announced a recorded webinar featuring CEO Judson Culter, highlighting the company's high-grade gold exploration initiatives in northern Canada and Nevada. The presentation covers current operations, recent investor updates, and plans for further exploration at the Battle Mountain gold district. Rover owns five gold projects in North America, with active exploration phases ongoing at Cabin Gold, Tobin Gold, and Up Town Gold Projects. Investors are encouraged to watch the webinar for detailed insights.