ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

RG Romios Gold Resources Inc

0.015
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Romios Gold Resources Inc TSXV:RG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.015 0.01 0.015 0.015 0.015 0.015 10,000 01:00:00

Romios Completes FT Unit Offering

31/12/2013 9:01pm

Marketwired Canada


Romios Gold Resources Inc. (TSX VENTURE:RG)(PINKSHEETS:RMIOF)(FRANKFURT:D4R)
("Romios" or the "Company") is pleased to announce that it closed a non-brokered
flow-through unit private placement to raise proceeds of $80,000 (the
"Offering") to provide it with additional exploration capital. Romios has
approximately $1,100,000 of unallocated funds on hand.


Romios placed 1,600,000 flow-through units of the Company at a price of $0.05
per flow-through unit. Each flow-through unit (a "FT Unit") consisted of one
flow-through common share of the Company and one (1) non flow-through share
purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire an
additional common share for one (1) year from the closing of the Offering at a
price of $0.05.


Insiders of the Company subscribed for 100% of the Offering. The insider private
placements are exempt from the valuation and minority shareholder approval
requirements of Multilateral Instrument 61-101 ("MI 61-101") by virtue of the
exemptions contain in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the
fair market value of the consideration for the securities of the Company to be
issued to the insiders does not exceed 25% of its market capitalization.


All securities issued pursuant to the above referenced private placements are
subject to a statutory four month hold period expiring on May 1, 2014 and
regulatory approval.


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 actively exploring 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.


This News Release contains forward-looking statements which are typically
preceded by, followed by or including the words "believes", "expects",
"anticipates", "estimates", "intends", "plans" or similar expressions.
Forward-looking statements are not guarantees of future performance as they
involve risks, uncertainties and assumptions. We do not intend and do not assume
any obligation to update these forward- looking statements and shareholders are
cautioned not to put undue reliance on such 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Romios Gold Resources Inc.
Tom Drivas
President and Director
416-221-4124
416-218-9772 (FAX)
romios@romios.com


Romios Gold Resources Inc.
Frank van de Water
Chief Operating Officer and Director
416-869-0772
fvandewater@on.aibn.com

1 Year Romios Gold Resources Chart

1 Year Romios Gold Resources Chart

1 Month Romios Gold Resources Chart

1 Month Romios Gold Resources Chart

Your Recent History

Delayed Upgrade Clock