Rover Critical Minerals Corp. V.ROVR

$0.10 unit non-brokered private placement

[dosco]

Vancouver, British Columbia – (January 6, 2021) – Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover” or the “Company”) is pleased to announce that it intends to raise a minimum of $1,000,000 and a maximum of $1,300,000 under a $0.10 unit non-brokered private placement unit financing (the “$0.10 Unit Financing”).

[dosco]

seems like a done deal and a positioning by new or strong investors. and of course we need the cash for more ounces...

[RHertig]

I wonder how many meters we can drill with that.

[dosco]

3000 meter and the answer is in the presentation: Opportunity: Finance Q1-2021 resource definition drilling to convert historical resource to NI 43-101 inferred category. Over 3,000m of expansion drilling in Q1-2021 for CAD$2,000,000. Test untested iron formation folded nose hinges which could host significant high-grade gold intercepts. Three at surface proven brownfields gold zones remain

[RHertig]

Thanks dosco. I'm excited for the coming year.

[geolith]

The target was always another Lupin Mine, or better, Homestake. Recall that the Lupin Mine recovered about 3.4 million ounces to a depth of 1,500 m. By analogy, 100,000 oz to 100 m at Cabin isn't a bad start.

[RHertig]

Its nice to raise money at a much higer level than the last raise. To many companies keep raising at lower amounts. 3 or 4 million ounces would make us all a nice pay day.

[dosco]

very calm... seems we need the kicker from the depth and/or other anomalies...