Romios Gold Resources Inc.
OTC Bulletin Board : RMIOF

Romios Gold Resources Inc.

August 05, 2009 10:01 ET

Romios Announces Closing of Private Placement

TORONTO, ONTARIO--(Marketwire - Aug. 5, 2009) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) (the "Company" or "Romios") is pleased to announce that it has closed a private placement comprised of 1,750,000 Flow-Through Units priced at $0.14 per Flow-Through Unit for proceeds of $245,000.

Each Flow-Through Unit consisted of one (1) common share (a "FT Share") issued on a flow-through basis and one-half of a common share purchase warrant (a "Warrant") with each full Warrant entitling the holder to acquire a further common share at a price of $0.20 per share until July 31, 2010. The securities issued bear a legend and are restricted from trading until December 1, 2009.

The Company paid a finder's fee to Strand Securities Corporation of $17,190 in cash and 175,000 warrants to acquire common shares at a price of $0.14 per share until January 31, 2011.

The proceeds from the offering will be used for exploration activities on the Corporation's Galore Creek property. The Company currently has 87,622,484 common shares issued and outstanding.

About Romios Gold Resources Inc.

Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario and Nevada. The Corporation is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Nova Gold's large gold-copper-silver deposit and Barrick's high grade gold mine at Eskay Creek.

Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
Tel: 416-221-4124, Fax: 416 218-9772

Contact: Tom Drivas, President
Email Address:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Romios Gold Resources Inc.
    Tom Drivas
    President and Director
    416-218-9772 (FAX)
    Romios Gold Resources Inc.
    Thomas Skimming
    Vice President of Exploration and Director
    416-444-0586 (FAX)