Rover Metals Announces Advisor Compensation
Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (“Rover Metals” or the “Company”) announces that further to its release of September 24, 2020, it has applied to the Toronto Venture Exchange (the “TSXV”) to seek approval of a common shares for services agreement with Abingdon Capital, for $2,500 per month in Advisor services (the “Abingdon Agreement”).
Rover Metals Corp. (TSXV:ROVR, OTCQB:ROVMF) (“Rover Metals” or the “Company”) announces that further to its release of September 24, 2020, it has applied to the Toronto Venture Exchange (the “TSXV”) to seek approval of a common shares for services agreement with Abingdon Capital, for $2,500 per month in Advisor services (the “Abingdon Agreement”). The Abingdon Agreement is subject to approval by the TSXV, including the per share value of the common shares. If approved, the Company intends to make settlement of Abingdon Agreement on a quarterly basis. Any future common shares issued pursuant to the Abingdon Agreement will be subject to the required regulatory hold period. This is an initial press release. The Company plans to issue a further press release once it has completed the pending conditions and provide the information prescribed by applicable policies of the TSXV related to the Abingdon Agreement.
Judson Culter, CEO at Rover Metals, states “the Abingdon Capital team, based in Toronto, ON, are key team members that will help the Company execute its growth strategy in Eastern Canada.” Abingdon Capital Abingdon Capital Corporation (“Abingdon Capital”) is a boutique provider of innovative corporate finance & advisory solutions. Abingdon offers advisory services to public and private companies including traditional equity, M&A, debt advisory, but has unique capabilities with extensive cross-border expertise and relationships with decision-makers across the globe. Abingdon works closely in partnership with select clients to identify and unlock market opportunities and is a registered Exempt Market Dealer (EMD) with the Ontario Securities Commission.
About Rover Metals
Rover Metals is a precious metals exploration company specialized in North American precious metal resources, that is currently advancing the gold potential of its existing projects. You can follow Rover Metals on its social media channels: Twitter: https://twitter.com/rovermetals LinkedIn: https://www.linkedin.com/company/rover-metals/ Facebook: https://www.facebook.com/RoverMetals/ for daily company updates and industry news, and YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber for corporate videos. Website: https://www.rovermetals.com/
ON BEHALF OF THE BOARD OF DIRECTORS
“Judson Culter” Chief Executive Officer and Director
For further information, please contact: Judson Culter Email: judson@rovermetals.com Phone: (604) 449-5347 Statement Regarding Forward-Looking Information This news release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover’s expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.
