Romios Gold Resources Inc.
TSX VENTURE : RG
OTC Bulletin Board : RMIOF
FRANKFURT : D4R

Romios Gold Resources Inc.

December 09, 2011 16:31 ET

Romios Gold Closes Flow-Through Financing

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2011) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company") is pleased to announce the closing of a non-brokered private placement of $999,900 with the Matrix Group.

Romios placed 3,333,000 flow-through shares ("FT Shares") of the Company at a price of $0.30 per share, for gross proceeds of $999,900.

Meadowbank Asset Management Inc. received a finder's fee of $69,993.

Securities issued pursuant to the above referenced private placement are legended and restricted from trading until April 9, 2011.

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

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-V:RG, NASDAQ OTC: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.

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
    416-221-4124
    416-218-9772 (FAX)
    romios@romios.com

    Romios Gold Resources Inc.
    Mel de Quadros, Ph.D., P.Eng.
    Director
    416-668-6145
    ymirconsulting@gmail.com

    Romios Gold Resources Inc.
    Michael D'Amico
    CFO, Investor Relations
    647-500-6023
    Michael@baystreetconnect.com

    Romios Gold Resources Inc.
    Head Office:
    25 Adelaide Street East, Suite 1010
    Toronto, ON Canada, M5C 3A1
    www.romios.com