Source: Twitter
Market Herald logo

Find out more about this capital raise

Be the first with the news that moves the market
  • Rover Metals Corp. (ROVR) has closed the second tranche of its private placement for gross proceeds of $202,000
  • Under the second tranche, the company will issue 2,525,000 common shares and 2,525,000 warrants
  • Under the first two tranches of the offering, Rover Metals has raised $578,000
  • 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 5.88 per cent on the day, trading at C$0.08 per share at 10:15 am ET

Rover Metals Corp. (ROVR) has closed the second tranche of its previously-announced private placement for gross proceeds of $202,000.

Under the first two tranches of the offering, Rover Metals has raised $578,000.

Under the second tranche, the company will issue 2,525,000 common shares and 2,525,000 warrants.

A cash payment of $3,500 and 43,750 warrants will be issued to eligible finders.

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

An update will be released once the company has completed the financing.

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 5.88 per cent on the day, trading at C$0.08 per share at 10:15 am ET.


More From The Market Herald

" Prime Mining Corp. (TSXV:PRYM) outlines 2023 work program at its Los Reyes Project

Prime Mining Corp. (PRYM) provided an update on work at its Los Reyes Gold and Silver Project in Mexico.

" Copper Lake Resources (TSXV:CPL) begins winter drilling at Marshall Lake

Copper Lake Resources (CPL) has started a winter diamond drilling program on its Marshall Lake Property in northwestern Ontario.

" Go Metals (CSE:GOCO) updates upcoming drill program and issues stock options

Go Metals (GOCO) is planning the Phase 2 drill program at its HSP Nickel-Copper Sulphide Project.

" G2 Goldfields (TSXV:GTWO) strikes gold at the OKO Project

G2 Goldfields (GTWO) released additional assay results from the ongoing drill program at its newly discovered Ghanie Zone within its OKO Project.