• 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.


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