Rover Metals’ CEO Discusses Global Lithium Geopolitical News and the Appointment of New Consultants
May 02 2023 - 11:00AM
Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF)
(FSE:4XO) (“
Rover” or the
“
Company”) provides global geopolitical news on
the lithium mining industry and announces the appointment of new
consultants.
Geopolitical NewsOn April 21,
2023, Chile’s President, Gabriel Boric, announced plans to
nationalize Chile’s lithium mining industry. Chile is the world’s
second largest producer of lithium, and the country with the
largest lithium reserves. Albemarle, a lithium miner, is one of the
largest stakeholders in Chilean lithium production. Albemarle is
also the owner of the Silver Peak lithium brine mine in southwest
Nevada. Rover’s Let’s Go Lithium project is also located in the
prolific southwest Nevada lithium jurisdiction, approximately 240
km (150 miles) from the Silver Peak lithium mine.
LGL Property Location Map
Judson Culter, CEO at Rover Metals, states,
“Albemarle may start looking in their backyard in Nevada for future
expansion opportunities. We certainly hope that they do. The news
out of Chile in late April re-emphasizes the importance of
developing lithium projects closer to EV manufacturing centres, in
jurisdictions like Nevada. The ultimate goal here is to support the
EV industry by bringing consistent raw material lithium supply to
market. Lithium demand is forecasted to continually grow through to
2040.”
Appointment of Hybrid
FinancialHybrid Financial (“Hybrid”) has been engaged by
the Company for a twelve-month period, commencing on May 1, 2023.
Hybrid has been engaged to heighten market and brand awareness for
Rover and to broaden the Company's reach within the investment
community. Hybrid is a sales and distribution company that actively
connects issuers to the investment community across North America.
Using a data driven approach, Hybrid provides its clients with
comprehensive coverage of both American and Canadian markets.
Hybrid Financial has offices in Toronto and Montreal.
Consultant Appointment and Stock Option
GrantThe Company has hired a Zurich, Switzerland, based
consultant to provide business development consulting services in
the key markets of London, England, Paris, France, and Zurich,
Switzerland. Pursuant to the consulting agreement, a stock option
grant of 250,000 stock options with an exercise price of $0.12
under the standard terms of the Company’s stock option plan (4-year
life), has been awarded.
About Rover MetalsRover is a
publicly traded junior mining company that trades on the TSXV under
symbol ROVR, on the OTCQB under symbol ROVMF, and on the FSE under
symbol 4XO. Rover is currently focussed on the development
of a claystone lithium project in southwest Nevada, USA.
Plans for 2023 include a reverse circulation drill program at the
Let’s Go Lithium project.
The Company has a diverse portfolio of mining
resource development projects with varying exploration timelines.
Its critical mineral projects include lithium, zinc, and copper.
Its precious metals projects include gold and silver. The
Company is exclusive to the mining jurisdictions of Canada and the
U.S.
You can follow Rover on its social media
channels:
Twitter:
https://twitter.com/rovermetalsLinkedIn:
https://www.linkedin.com/company/rover-metals/Facebook:
https://www.facebook.com/RoverMetals/for daily company updates and
industry news, andYouTube:
https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriberfor
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:
Email: info@rovermetals.comPhone: +1 (778) 754-2855
Statement Regarding Forward-Looking
InformationThis 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 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.
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