Romulus Resources Ltd.
TSX VENTURE : ROM

July 14, 2010 09:30 ET

Mr. Danny Keating Joins the Board of Directors, Romulus Resources Ltd. (TSX VENTURE:ROM)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 14, 2010) - J. Gianni Kovacevic, Chairman, Romulus Resources Ltd. (TSX VENTURE:ROM) is pleased to announce the appointment of Danny Keating to the Board of Directors of the Company.

Mr. Keating is a senior mining professional with a unique blend of mine production, technical and financial expertise. He has over 15 years of industry experience ranging from underground and open-pit mine production to project management, corporate strategy, investment banking and equity research. Mr. Keating holds a Mining engineering degree from the University of Witwatersrand, South Africa is also a certified professional engineer and chartered management accountant.

He worked with Anglo American plc for eight years in various positions including Project Manager, Finance Manager (base metal division), Corporate Finance Manager (copper mine in Zambia) and Business Development Manager (base metal division – London & Johannesburg). He has also been associated with ABN AMRO in their Mining Corporate Finance division and at Collins Stewart as a mining equity analyst. He has recently provided consulting services to a global pool of natural resource companies. Mr. Kovacevic comments, "Adding Mr. Keating to the board offers all our stakeholders a tremendous asset. Strategically, the ongoing goal is to maintain our respected industry position that continues to offer us the privilege to locate, qualify and eventually advance quality mineral assets. Mr. Keating's long established industry relationships and unique skill sets in the necessary disciplines certainly compliments our long term corporate objectives."

Mr. Keating has been granted 100,000 incentive stock options, exercisable at a price $0.71 per share, until July 13, 2015, which options will vest over four years.

Mr. Kovacevic also announced that Mr. David Strang and Mr. Marc Prefontaine have stepped down as directors to the board of the Company and would like to thank Mr. Strang and Mr. Prefontaine for their invaluable contributions to the Company.

J. Gianni Kovacevic, Chairman and Director

Romulus Resources Ltd.

Cautionary and Forward Looking Statement Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address possible future commercial production, reserve potential, exploration drilling results, development, feasibility or exploitation activities and events or developments that the Company expects to occur are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's annual filings that are available at www.sedar.com.

No regulatory authority has approved or disapproved the information contained in this news release.

Contact Information

  • Romulus Resources Ltd.
    Amin Amlani
    Investor Services
    1 (604) 844-2842