Board Change • May 20
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 6 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Member of Advisory Board John Zimmerman is the most experienced director on the board, commencing their role in 2023. Independent Director Gunnar Pedersen was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • May 16
Stockworks Gold Inc. announced that it expects to receive CAD 0.8 million in funding Stockworks Gold Inc. announced a anon-brokered private placement financing of up to 8,000,000 units at an issue price of CAD 0.10 for the proceeds of CAD 800,000 on May 15, 2026. Each unit will consist of one common share in the capital of the company and one-half common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share of the company at an exercise price of CAD 0.15 per share for the first year from the date of issuance and CAD 0.20 per share for the second year from the date of issuance. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws and exchange policies. Announcement • Oct 17
Stockworks Gold Inc., Annual General Meeting, Dec 11, 2025 Stockworks Gold Inc., Annual General Meeting, Dec 11, 2025. Location: british columbia, vancouver Canada Announcement • Sep 09
Stockworks Gold Inc. Appoints Mr. David Kelsch, P.Geo, as President, Chief Operating Officer and Director Stockworks Gold Inc. announced the appointment of Mr. David Kelsch, P.Geo, as President, Chief Operating Officer (COO), and Director. Mr. Judson Culter has resigned as President and will continue to serve as a Director and advisor to the Company. Mr. Gary MacDonald has also resigned as Director. Mr. Kelsch is a registered professional geologist and Qualified Person under NI-43-101 regulations with over 30 years experience in the mineral exploration industry. David joined Rio Tinto in the early 1990s managing Rio's multi-million-dollar exploration efforts at Lac de Gras, Northwest Territories, from initiation through to advanced discovery on the world class Diavik Diamond Mine. Since leaving his tenure at Rio Tinto in the late 90s, he has held senior management, directorships, officer and advisory positions with a number of publicly listed companies exploring for precious, base, industrial and critical metals and gemstones on five continents. In the 2000's David cofounded Bluestone Resources Inc., as a member of the Discovery Group of Companies. He has been fortunate to have had exploration experience ranging from concept and initial discoveries through to resource delineation. David is currently an Officer and Director of GGL Resources Corp., a Nevada focused gold explorer. Announcement • Jul 20
Rover Critical Minerals Corp. announced that it has received CAD 0.387548 million in funding On July 18, 2025, Rover Critical Minerals Corp. closed the transaction. The company issued 1,162,654 units at a price of CAD 0.15 per unit for gross proceeds of CAD 174,398.05 in its second and final tranche. The tranche included participation from 2 insiders for CAD 190,398.15. The company has paid finder’s fees of CAD 420.00 and has issued 2,800 non-transferable broker warrants in connection with the financing. The broker warrants have an exercise price of CAD 0.20 and a life of two years. Announcement • Jun 19
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.5 million in funding Rover Critical Minerals Corp announced a private placement to issue 3,333,333 units at CAD 0.15 for aggregate gross proceeds of CAD 499,999.95 on June 18, 2025. Each unit consists of one common share of the company and one-half of a common share purchase warrant, with each full warrant being exercisable at CAD 0.2 for two years. The company seeks conditional approval from the TSX Venture Exchange. Finders fees in cash and non-transferable broker warrants may be paid in relation to the financing.. Announcement • Jul 30
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.5 million in funding Rover Critical Minerals Corp. announced a non-brokered private placement for a minimum of 5,833,333 units and a maximum of 16,666,667 units at a price of CAD 0.03 per unit for minimum gross proceeds of CAD 174,999.99 and maximum gross proceeds of CAD 500,000.01 on July 29, 2024. Each unit comprises 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 two years. The company anticipates multiple closings of the unit financing. Announcement • Jun 06
Rover Critical Minerals Corp. Announces Intent to Pursue Strategic Alternatives for Its Cabin Gold Project Rover Critical Minerals Corp. announce the completion of a NI 43-101 Technical Report for its 100% owned Cabin Gold project, NT, Canada. The Company is also pleased to announce that it is considering strategic alternatives for its Cabin Gold project. In particular, the board of directors are considering a potential transaction pursuant to which the Company could potentially divest itself of the Cabin Gold project, either by way of a spin-out transaction, or by transacting with a Capital Pool Company, or a similar reverse take-over transaction. The Company has not yet identified a CPC, or other potential counterparties, or entered into any agreements in that regard. The Company anticipates disseminating a subsequent news release if and when a potential transaction is identified. Any transaction proposed to be undertaken by the Company will be subject to all requisite approvals, including the approval of the TSX Venture Exchange and, potentially, the Company's shareholders. Rover owns a 100% interest in the Cabin Gold project, which is located 110 km northwest of the city of Yellowknife, NT, and is winter road accessible off of Highway NT3, and located at the north end of Russell Lake. The Cabin Gold project is 40km southeast of Fortune Minerals' NICO mine and the project is available for access off of the new Tlicho All-Season Road ("TASR"). The Cabin Gold project is considered to be a high-grade gold exploration project with gold hosted in iron-formation, near to surface. Exploration at Cabin dates back to the 1940's and the project has been owned and operated by legendary mining companies such as Echo Bay Mines and Aber Resources. The project has a historic resource estimate, and the Company, with diamond drilling, has both confirmed the grades of the historic drillholes, as well as, expanded the historic gold mineralized zones. Historical interest in the project has been the potential for a Lupin gold mine type of discovery. Rover is still working to establish the connectivity of the proven gold zones at Cabin, and has invested over CAD4,000,000 into exploration at the project over four years. The exploration work includes extensive ground and airborne magnetics, ground IP surveys, LiDAR mapping, and three diamond drilling campaigns. The Company has prepared an NI 43-101 Technical Report to showcase its work on the project, as well as to provide the recommended next steps for exploration. New Risk • May 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (97% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€1.30m market cap, or US$1.41m). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (CA$1.8m net loss in 3 years). Announcement • May 23
Rover Critical Minerals Corp. announced that it has received CAD 0.627344 million in funding On May 21, 2024, Rover Critical Minerals Corp. closed the transaction. The company announced that it has issued 10,000,000 Units at an issue price of CAD 0.03 per unit for the gross proceeds of CAD 300,000 in second and final tranche. Prior to the closing of the Private Placement, Gunnar Pedersen, the beneficiary of the Acquiror beneficially owned, or had control and direction over, 3,750,000 Common Shares, 3,750,000 Warrants and 500,000 stock options. Subsequent to the First Closing of the Private Placement, Gunnar Pedersen beneficially owns or controls, directly or indirectly, an aggregate of 13,750,000 Common Shares, and 13,750,000 Warrants and 500,000 options. If Gunnar Pedersen were to exercise all of the Warrants and Options controlled by him, he would obtain ownership and control over a total of 28,000,000 Common Shares of the issued and outstanding Common Shares on a partially diluted basis (i.e., assuming the exercise of only Gunnar Pedersen’s convertible securities). However, Gunnar Pedersen’s warrant certificates do have legends such that he undertakes not to become a control person by way of the exercise of his warrants. Announcement • May 16
Rover Critical Minerals Corp. announced that it expects to receive CAD 0.8 million in funding 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 Announcement • May 03
Rover Critical Minerals Corp., Annual General Meeting, Jun 10, 2024 Rover Critical Minerals Corp., Annual General Meeting, Jun 10, 2024. Announcement • Mar 12
Rover Critical Minerals Corp. Announces Changes to its Board Rover Critical Minerals Corp. announced the appointment of Gunnar Pedersen to the Company's Board of Directors. Salim Tharani has tendered his resignation as Director to accommodate the appointment of Mr. Pedersen. Mr. Pedersen holds a Graduate degree in Financial Economics from the Norwegian School of Economics and is a CFA charter holder. He has absolute return investing and portfolio management experience since 1996, specializing in thematic global macro investing, fixed income and FX. His more recent research interests include socially responsible investments, the battery materials value chain, and renewable /traditional energy. During his career, Mr. Pedersen has co-founded and founded two absolute return focused investment funds. Currently he is self employed at his firm Asymmetric Asset Management, where he focuses on portfolio management and thematic investing, consultancy engagements and directorships. Announcement • Mar 09
Rover Critical Minerals Corp. Announces Approval of Executive Changes Rover Critical Minerals Corp. announced that further to its release of February 5, 2024, the Toronto Venture Exchange (the TSXV) has approved the appointment of Mr. Paddy J. Moylan as both Director and President of the Company. Pursuant to the approval of Moylan as President, Mr. Keith C. Minty has resigned the President role. Mr. Minty will continue to serve as a Director on the company's Board. Announcement • Feb 05
Rover Critical Minerals Corp. Promotes Paddy J. Moylan to Director and President Rover Critical Minerals Corp. announced the appointment of a new President and Director to the company. Further to its release of July 10, 2023, Mr. Paddy J. Moylan has been promoted from Business Development Advisor, to both Director and President of the Company. Paddy Moylan holds combined Bachelor of Commerce and Law degrees and a graduate diploma in legal practice. He has been a lawyer for over 20 years. He is a significant investor in battery metals in Australia and internationally. Mr. Moylan has developed a large network in the battery metals space as an early investor in lithium. He has successfully advised companies on project acquisition, development, divestment and corporate advisory. The appointment of Mr. Moylan as President and Director of the Company is subject to final approval by the Toronto Venture Exchange. An updating release will be provided once the TSXV provides their acceptance. Board Change • Dec 19
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 4 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). President & Director Keith Minty is the most experienced director on the board, commencing their role in 2017. Independent Director Salim Tharani was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Sep 06
Rover Metals Corp. announced that it has received CAD 0.797 million in funding On September 5, 2023, Rover Metals Corp. closed the transaction. The company amended the terms of the transaction and issued 1,500,000 common shares and 1,500,000 warrants at an issue price of CAD 0.08 per share for the gross proceeds of CAD 120,000 in its final tranche. The company issued 9,962,500 common shares and 9,962,500 common share purchase warrants for the total gross proceeds of CAD 797,000 under all closings of this financing. The shares and warrants issued under the third closing will bear the minimum four-month regulatory hold period from the date of issuance. The warrants have a useful life of 30 months and an exercise price of CAD 0.12. Finder’s fees in the amount of CAD 36,200 and 452,500 finder’s warrants were paid in connection with this financing. The finder’s warrants bear the same terms as the unit warrants. The financing was led by experienced lithium investors from Europe and Australia. Announcement • Jul 25
Rover Metals Corp. to Pursue Plan of Operations At Its Let’s Go Lithium Project, NV, USA Rover Metals Corp. notified by the U.S. Bureau of Land Management that it must complete a plan of operations prior to commencing any exploration drilling at its Let’s Go Lithium (LGL) project in rural Nevada. Starting this week, the Company will begin to interview suitable environmental consulting firms to assist the Company with its Plan of Operations For Exploration and any necessary environmental assessment under the National Environmental Policy Act. The NEPA process will include public engagement. The Company will provide an updating release once it has engaged an environmental consulting firm. The vendor of the LGL project, GenGold2, LLC, has agreed to give certain concessions with regards to the timing and the amounts of future option payments as a result of the BLM requirement. An updating news release will be provided once the company has amended its Option Agreement for the LGL project. Announcement • Jul 11
Rover Metals Corp. Appoints Paddy Moylan to Advisory Board Rover Metals Corp. announce the appointment of a new advisor to the Company’s advisory board. Paddy Moylan, Australia Business Development Advisor: Paddy Moylan holds combined bachelor of commerce and law degrees. He practiced law for over 20 years. Now retired from law, he is a significant and full-time investor in battery metals in Australia and internationally. Mr. Moylan has developed a large network in the battery metals space as an early investor in lithium. He has successfully advised companies on project acquisition, development and divestment. Announcement • Jun 24
Rover Metals Corp. announced that it expects to receive CAD 1.25 million in funding Rover Metals Corp. announced a non-brokered private placement of minimum of 3,750,000 units at an issue price of CAD 0.08 for a minimum gross proceeds of CAD 300,000 and a maximum of 15,625,000 units at a price of CAD 0.08 per unit for maximum gross proceeds of CAD 1,250,000 on June 23, 2023. Each unit is comprised of one common share and one common share purchase warrant. The warrants on the units have an exercise price of CAD 0.12 per warrant share, and a life of two and half years. If transaction is fully subscribed, there will be up to 15,625,000 common shares and 15,625,000 common share purchase warrants issued in connection with this financing, plus any finder’s commission warrants. The transaction is being led by experienced lithium investors from Europe and Australia.
On the same date, the company announced that it has received approval from the Toronto Venture Exchange to close the first tranche of the unit financing for 6,250,000 units at an issue price of CAD 0.08 for the gross proceeds of CAD 500,000 in the transaction. The company will issue of 6,250,000 common shares and 6,250,000 warrants. Finders’ commissions are being paid in connection with the first closing in the amount of cash commissions of CAD 30,000 and finders’ warrants of 375,000. The finder’s warrants will have an exercise price of CAD 0.12 and a useful life of two and half years. The shares and warrants issued under the first closing will bear the minimum four-month regulatory hold period from the date of issuance. New Risk • Jun 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.3m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 8.7% per year over the past 5 years. Shareholders have been substantially diluted in the past year (62% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.35m market cap, or US$2.57m). Board Change • Apr 04
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Eugene Hodgson was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 24
Rover Metals Corp. Reports Progress on its Claystone Lithium Mining in Southwest Nevada Rover Metals Corp. reported on the progress being made in claystone lithium mining in southwest Nevada. Southwest Nevada Claystone Jurisdiction: In the past six months, both Cypress Development Corp. (Sep-2022) and American Lithium Corporation (Jan-2023) have reported on the recovery of battery grade lithium carbonate from their respective claystone lithium projects in southwest Nevada. See the link to the jurisdictional map below. Cypress Development owns the Clayton Valley project, and American Lithium owns the TLC project. Rover Metals’ Let’s Go Lithium project is an early stage comparable to both the TLC project and the Clayton Valley project. The claystone at LGL is at and near surface, extending to an average depth of approximately 100 meters. The LGL project is also located close to the historic Franklin Wells hectorite mine, which has documented historic high-grade lithium production. Exploration work done at LGL to date also logs the claystone body to be well above important underground ecosystems in the area. In the second half of 2022, Rover Metalsreported on some very prospective surface grab samples from the LGL project. The Company’s next phase of exploration will be a maiden reverse circulation drill program at LGL, subject to permit approval from the Bureau of Land Management. 