Romarco Minerals Inc.
TSX VENTURE : R

Romarco Minerals Inc.

April 28, 2008 11:13 ET

Romarco Responds to Reports of Lawsuit From Former CFO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2008) - ROMARCO MINERALS INC. (TSX VENTURE:R) (the "Company") announces that it can confirm reports that Mr. Simon Dorey, former CFO of the Company, has filed a lawsuit against the Company claiming damages for his departure from the Company in December, 2007.

According to Mr. Dorey's statement of claim, he is suing for $175,000 representing one year's pay in lieu of notice of termination, as well as minor amounts for expenses, plus punitive damages.

Management believes that the claims are without merit and the Company intends to vigorously defend itself in the matter.

About Romarco:

Romarco Minerals Inc. is a gold development company focused on production in the US and Mexico. The Company's flagship project is the Haile Gold Mine in South Carolina which is currently undergoing a bankable feasibility study and exploration. The Pinos Gold District in Mexico is a high grade epithermal vein district in the advanced exploration stage. The Company also has two gold exploration projects in Nevada.

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.

Contact Information

  • Romarco Minerals Inc.
    Diane Garrett
    President and C.E.O.
    (830) 624-6249
    or
    Romarco Minerals Inc.
    Shirene Urton
    Executive Assistant
    (775) 355-1900
    (775) 355-1907 (FAX)
    Email: info@romarco.com
    Website: www.romarco.com