Romarco Minerals Inc.
TSX VENTURE : R

Romarco Minerals Inc.

December 13, 2006 14:50 ET

Romarco Grants Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 13, 2006) - ROMARCO MINERALS INC. (TSX VENTURE:R) (the "Company") announces that Mr. Patrick Michaels has been granted 150,000 options to purchase common shares of the Company at a price of $0.19 per share with an expiry date of December 13, 2011.

Mr. Michaels was elected to the Board of Directors at Romarco's AGM on June 14, 2006. Due to an oversight by the Company, Mr. Michaels' options were not set or granted. At the time of Mr. Michaels election to the Board, the Company's share price was trading between $0.17 and $0.21 per share.

An additional 200,000 options have been granted today to an employee at a price of $0.25 per share with an expiry date of December 13, 2011.

Romarco is an advanced stage exploration company engaged in the acquisition, exploration and development of precious metals mineral properties. Romarco's management and Board of Directors are comprised of senior mining executives who have extensive experience identifying, developing, financing and operating precious metals deposits in the Americas. It is Romarco's goal to become a producer through development of its own projects as well as through the acquisition of advanced stage projects. Romarco currently has five exploration projects in Nevada, one in Mexico and one in Peru.

ON BEHALF OF ROMARCO MINERALS INC.

Diane R. Garrett, President and C.E.O.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Contact Information