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Romios Announces Closing of Offering of $271,067

  • Press Release
  • Source: Romios Gold Resources Inc.
  • On 4:46 pm EST, Tuesday November 18, 2008

TORONTO, ONTARIO--(MARKET WIRE)--Nov 18, 2008 -- Romios Gold Resources Inc. (CDNX:RG.V - News)(Other OTC:RMIOF.PK - News)(Frankfurt:D4R.F - News) wishes to announce that it has completed the sale of 2,258,891 Units (the "Units") priced at $0.12 per Unit for gross proceeds of $271,067 (the "Offering"). Each Unit is comprised of one (1) common share of the Corporation (a "Common Share") and one (1) Common Share purchase warrant of the Corporation (a "Warrant") exercisable at $0.25 per Warrant for a period of one year (until November 18, 2009).

Related Quotes

SymbolPriceChange
D4R.F0.13+0.08
Chart for ROMIOS GOLD RES
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All of the securities referred to herein will be legended and restricted from trading until March 19, 2009.

The proceeds from the Offering will be used for working capital purposes.

About Romios Gold Resources Inc.

Romios Gold Resources Inc is a Canadian exploration company which focuses on the acquisition and exploration of precious and base metal prospects in the vicinity of major mining camps throughout North America. Currently, Romios is involved in several major exploration projects in British Columbia, Ontario and Nevada. Romios has been a public company since 1995 and in addition to trading on the Toronto Venture Exchange, it trades on the Over-The-Counter market in the United States (Exemption No. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: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. Shareholders are cautioned not to put undue reliance on such forward-looking statements.



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:

     Contacts:
Romios Gold Resources Inc.
Tom Drivas
President and Director
(416) 221-4124
(416) 218-9772 (FAX)
Email: romios@romios.com
 
Romios Gold Resources Inc.
Thomas Skimming
Vice President of Exploration and Director
(416) 444-0900
(416) 444-0586 (FAX)
Email: tmsk8ing@hotmail.com
 

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