Romios Closes $1.3 Million Financing


TORONTO, ONTARIO--(Marketwire - March 28, 2011) - Romios Gold Resources Inc. ("Romios" or the "Company") (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) is pleased to announce that it has placed 4,453,333 working capital units (the "WC Units") priced at $0.30 per WC Unit for proceeds of $1,336,000.00. Each WC Unit consists of one (1) common share (the "WC Share") and one-half (1/2) of a share purchase warrant (a "WC Warrant"). Each full WC Warrant entitles the holder to acquire a further common share of the Company at a price of $0.40 per common share until the earlier of: (i) March 28, 2012; and (ii) in the event that the closing price of the common shares on the TSX Venture Exchange is at least $0.60 for twenty (20) consecutive trading days, and the 20th trading day (the "Final Trading Day") is at least four (4) months from March 28, 2011, the date which is thirty (30) days from the Final Trading Day. All of the securities referred to herein are legended and restricted from trading until July 29, 2011. The Company paid a finder's fee in the amount of $84,070.00.

The funds will be used for exploration on the Company's properties and for working capital.

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, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Galore Creek Mining Corporation's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek.

Exchange Listings and Symbols: (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R).

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Contact Information: Romios Gold Resources Inc.
Tom Drivas
President and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com
or
Mel de Quadros Ph.D., P.Eng.
Director
416-668-6145
fortyholwood@rogers.com
or
Michael D'Amico
Investor Relations
647-500-6023
Michael@baystreetconnect.com
or
Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1
416-221-4124
416 218-9772 (FAX)
www.romios.com