Remo Resources Inc. Closes IPO

Remo Resources Inc. (the "Company") (TSX VENTURE:RER) is pleased to announce
that it has closed its initial public offering of 4,000,000 common shares at a
price of $0.20 per common share, for aggregate gross proceeds of $800,000 (the
"IPO"). The Company will be expending the net proceeds of the IPO on its Adrian
Property, as described in the Company's prospectus dated October 10, 2012. The
Company's common shares were listed on the TSX Venture Exchange under the
trading symbol "RER" effective at market open today, subject to an immediate
halt. The Company expects the halt to be lifted at market open on Wednesday,
January 2, 2013.


Wolverton Securities Ltd. (the "Agent") acted as agent on the IPO. As
consideration for assisting in completing the offering, the Company: (i) paid a
marketing commission equal to 8% of the gross proceeds of the IPO, which the
Agent elected to receive in common shares of the Company at the rate of one
common share for each $0.20 of marketing commission, being 320,000 common shares
of the Company; (ii) paid a corporate finance fee of $25,000 (plus applicable
taxes) in cash; (iii) issued to the Agent 320,000 non-transferable options (the
"Agent's Options"), each such Agent's Option entitling the Agent to purchase one
common share for a period of 24 months from today's date at a price of $0.20 per
share; and (iv) paid the Agent's expenses as incurred.


As a result of the closing of the IPO, the Company now has 8,925,000 common
shares issued and outstanding (of which 2,555,000 shares are subject to escrow).
The Company also has an aggregate 3,925,000 shares reserved for issuance
pursuant to the exercise of: (i) the 3,605,000 outstanding share purchase
warrants (of which 1,555,000 are subject to escrow), each being exercisable at
$0.20 per share for a period of 60 months from today's date; and (ii) the
320,000 Agent's Options.


240,000 of the Agent's Options, and any shares issued upon exercise thereof, are
subject to a hold period and may not be traded in Canada until April 22, 2013,
except as permitted by applicable Canadian securities laws.


The board of directors of the Company consists of Stephen Kenwood, Darren
Devine, Gary Freeman, Keith Henderson and Peter Mordaunt. Stephen Kenwood is the
President, CEO and Corporate Secretary and Vivien Chuang is the CFO.


ON BEHALF OF THE BOARD

Stephen Kenwood, President, CEO, Corporate Secretary and Director

This press release includes "forward-looking statements" that are subject to a
number of assumptions, risks and uncertainties, many of which are beyond the
control of the Company. Statements regarding the resumption of trading of the
Company's common shares on the TSXV are subject to all of the risks and
uncertainties normally incident to such events. Investors are cautioned that any
such statements are not guarantees of future events and that actual events or
developments may differ materially from those projected in the forward-looking
statements. Such forward-looking statements represents management's best
judgment based on information currently available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Remo Resources Inc.
604-638-8063
604-648-8105 (FAX)