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Rover Metals Announces Acquisition Of Tobin Gold Project, Winnemucca, Nv, Usa

Feb 24, 2022•over 3 years ago

Acquiring Company

Rover Metals

Acquired Company

Tobin Gold ProjectWinnemucca

VancouverMining TechnologyMineralPrecious MetalsMining

Description

Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to announce its acquisition of the Tobin Gold Project situated in the Mt. Tobin range, in northern Nevada. The Tobin Project is located 77 km by road south of the city of Winnemucca, NV, and is in the heart of a rich gold jurisdiction that has seen major consolidation in the past 24 months.

Company Information

Company

Rover Metals

Location

Vancouver, Washington, United States

About

Rover Critical Minerals Corp. is a publicly traded junior mining company that 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 the U.S. and Canada.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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