Rover Critical Minerals Corp announced a private placement for a minimum of 13,333,333 unit and maximum of 26,666,667 units at a price CAD 0.03 per unit for gross proceeds CAD 399,999.99 and CAD 800,000.01 on May 15, 2024. The transaction included participation from led by a lithium investment portfolio managed by Gunnar Pedersen's family office. Pedersen is a Director of the Company. Each unit is priced at CAD 0.03 and is comprised of one common share and one common share purchase warrant. The warrants on the Units have an exercise price of CAD 0.05 per warrant share, with a life of three years.

On same date, the company raised CAD 327,344.01 with issuance of 10,911,467 units at price CAD 0.03 per unit, in its first tranche. The company has also received approval from the TSX Venture Exchange. No finders' commissions will be paid connection with the First Closing. The shares and warrants issued under the First Closing will bear the minimum four-month regulatory hold period from the date of issuance