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Rover Metals Corp. (TSXV:ROVR) New Listing

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Rover Metals, a Canadian natural resource exploration company specialized in Canadian precious metal resources, holds interests in two properties in the Northwest Territories.

Additional Information:

Company: Rover Metals Corp.
Website: http://www.rovermetals.com
Stock Symbol: TSXV: ROVR
Date Published: Jul 4, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Rover Metals Corp. is the latest new listing on the TSX Venture Exchange, trading under the symbol “ROVR”, following its Qualifying Transaction with Capital Pool company “Royal Lifescience Corp.”.

Rover Metals, a Canadian natural resource exploration company specialized in Canadian precious metal resources, holds interests in two properties in the Northwest Territories.

In 2016, Rover Metals Corp. optioned the Up Town Gold Property from Silver Range Resources and may acquire a 75% interest in the property over a three-year term.

The Property, a high grade Archean lode gold prospect adjoining the Giant Mine in Yellowknife, Northwest Territories, consists of 6 claims covering 3,227 hectares and borders the west side of the Giant Mine leases.

The Property covers eleven gold showings, collectively defining two corridors of structurally hosted high-grade gold mineralization sub-parallel to the shear zone hosting the Giant Mine Deposit.

For more information please refer to the NI 43-101 Technical Report dated November 2017 which is available on Sedar.com.

The Cabin Lake group of gold exploration properties are located 110 kilometres northwest of Yellowknife, at the north end of Russell Lake, and 60 kilometres southeast of Fortune Minerals Nico project and close to a new all season road.

The Cabin Lake group of properties consist of three areas: Cabin Lake, Camp Lake, and Slemon Lake.

The company recently raised gross proceeds of approximately $1,250,000
5) through a non-brokered private placement of approximately 10 million units priced at $0.125 per unit.

Each unit consisted of one share and one warrant, with each warrant exercisable at $0.25 in the first 12 months, increasing to $0.50 in the second 12 months.

The company also raised gross proceeds of approximately $266,000 through a non-brokered private placement of approximately 1.9 million (show 1,896,985) flow-through units priced at $0.14 per unit.

Each flow-through unit consisted of one share and one warrant exercisable at $0.28 in the first 12 months, increasing to $0.56 in the second 12 months.

The shares are trading at $0.09.

For more information, please visit the company’s website www.rovermetals.com, contact Judson Culter, CEO, at 604-449-5347 or email info@rovermetals.com.

I’m Samantha Deutscher for Investmentpitch Media