• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Gold Market
    Gold News
    Gold Stocks
    • Gold Market
    • Gold News
    • Gold Stocks

    Romios Closes Non-Brokered Offering

    Investing News Network
    Sep. 22, 2016 10:38PM PST
    Gold Investing

    Romios Gold Resources Inc. (TSXV:RG)(OTC PINK:RMIOF)(FRANKFURT:D4R) has closed a non-brokered private placement for $120,000.

    Romios Gold Resources Inc. (TSXV:RG)(OTC PINK:RMIOF)(FRANKFURT:D4R) is pleased to announce that the Company has closed a non-brokered private placement with the sale of 2,000,000 working capital units (“WC Units”) at $0.06 per WC Unit for proceeds of $120,000.
    Each WC Unit was priced at $0.06 and consisted of one (1) common share and one (1) common share purchase warrant (a “WC Warrant”). Each WC Warrant entitles the holder to purchase one (1) common share (a “WC Warrant Share”) exercisable at a price of $0.12 per WC Warrant Share until the earlier of: (i) September 21, 2017; and (ii) in the event that the closing price of the Common Shares on the TSX Venture Exchange is at least $0.20 for twenty (20) consecutive trading days, and the 20th trading day (the “Final Trading Day”) is at least four (4) months from the September 21, 2016, the date which is thirty (30) days from the Final Trading Day.
    The securities issued are subject to a hold period expiring on January 22, 2017.
    The funds raised, in addition to the $454,675 raised in June and July are being used for the drilling program currently in progress at the Lundmark-Akow Lake property in northwestern Ontario, as well as for working capital purposes.
    About Romios Gold Resources Inc.
    Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is engaged in precious and base metal exploration primarily focused on gold, silver and copper in its properties in British Columbia centrally located between Galore Creek Mining Corporation’s large copper-gold-silver deposit and Barrick’s high grade gold mine at Eskay Creek. Romios has other property interests in Ontario, Quebec, and Nevada.
    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.
    Romios Gold Resources Inc.
    Tom Drivas
    President and Director
    416-221-4124
    416-218-9772 (FAX)
    romios@romios.comRomios Gold Resources Inc.
    Frank van de Water
    Chief Financial Officer and Director
    (416) 221-4124
    fvandewater@rogers.com
    romios goldprivate placement
    The Conversation (0)

    Go Deeper

    AI Powered
    RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option

    RUA GOLD Closes C$13.8 Million Brokered Offering Including the Full Exercise of Over-Allotment Option

    Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring

    Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×