Rover Metals


Primary ticker: TSXV:ROVR
Stage of development: Exploration
Primary minerals: Lithium
Project to promote: Let’s Go Lithium project
Project location: Nevada, USA
Corporate presentation: Click here
Corporate video: Click here

Rover Metals (TSXV:ROVR)(OTCQB:ROVMF) is the newest publicly traded “permitted” lithium exploration junior mining company. The Company received its exploration drilling permit from the U.S. Department of Land Management on April 17, 2023. We are offering investors the opportunity to get involved at the early-stage of a major lithium resource discovery in the heart of Nevada’s prolific southwest lithium jurisdiction. Rover recently completed a successful Phase 1 exploration program at its Let’s Go Lithium (“LGL”) project, located in the Amargosa Valley, near to the town of Pahrump, NV. The LGL project is considered to be a high-grade, at surface, lithium hosted in lakebed claystones deposit. Surface grab samples from the Phase 1 exploration program report as high as 1,200 ppm Li (with raw lithium recovery of up to 94% from the samples). The LGL projects also benefits from having all the infrastructure needed to build a successful mine.

Major shareholders:
CEO/Founder – 10%
Germany Family Office – 10%
Canada Family Office 1 – 5%
Canada Family Office 2 – 4%
Canada Family Office 3 – 3%
Management Ownership – 11%

Management Profile

Judson Culter – CEO
Mr. Culter is an experienced start-up entrepreneur and co-founded Rover Metals in 2016. Mr. Culter has over ten years of international finance, capital markets, and accounting experience. He has helped to raise over $25MM in private and public financings for start-ups and growth orientated companies in the Pacific Northwest, Asia Pacific, and South America. He has taken several mineral resource companies public, most recently Rover Metals, and prior to that the Dolly Varden Silver project (TSXV: DV), whereby he was a co-founder and also managed the exploration drill program (pre-Hecla Mining investment).

What is your rationale for taking part in 121 Mining Investment?

(1) We are looking for retail investors and family offices that are interested in acquiring ownership of our company in the public market to help us increase our daily trading volume and liquidity; (2) We will also be opening a small private placement financing in June which corresponds with the timing of the 121 Virtual Critical Minerals Event and we are seeking new shareholders to participate in this PP financing; (3) we are seeking longer-term capital growth partners that have interest in working with our management to financing the exploration and development of Nevada’s next lithium mine.

What recent news would you like to highlight to investors attending?

Maiden Lithium Drill Program beginning mid-July 2023

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
News Release of Maiden Lithium Drill Program in Sep-2023

6 Months:
Finance a Phase 3 Major Drill Program that will include a lithium resource definition

12 Months:
Release of a calculation lithium resource by way of a technical report

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Inflation and a poor performing stock market. Markets always come back, and we are well positioned for exponential growth for when the markets improve.

What do you think makes your company such a compelling investment?

Lithium is the new oil.

What are the top 3 key investor takeaways?

(1) We operate in the best mining jurisdiction in the world, Nevada
(2) Lithium is the highest value growth metal in the world;
(3) We are logistically located along the supply chain of Tesla’s battery plant and lithium refinery.