$0.06 Unit Private Placement Financing
Rover Metals Corp. (TSXV:ROVR) (OTCQB:ROVMF) (“Rover Metals” or the “Company”) is pleased to announce a new financing for proceeds of up to $900,000. The Company's new $0.06 Unit financing (the “$0.06 Unit Private Placement Financing”) is comprised of one common share and one common share purchase warrant. Each Warrant has a five year life and an exercise price of $0.12 per warrant, with an acceleration clause if the Company’s shares trade at $0.15 per share for five consecutive trading days.For institutional investors, the Company is also offering a one-year convertible debenture for minimum proceeds of $500,000, with 12% interest, $0.065 conversion floor price, with a full warrant with a three-year life with an exercise price of $0.065 per warrant. click here