Romios Gold Resources Inc. (TSX-V: RG) (OTC Bulletin Board: RMIOF) has closed its private placement financing consisting of $1,642,500 worth of flow through (FT) units and working capital units.
Romios placed 8,883,329 FT units of the company for $0.15 per unit resulting in gross proceeds of $1,332,500. Each unit contains 1 FT common share and 1/2 of a non FT share purchase warrant. Each whole warrant enables its holder to purchase an additional common share for $0.90 for a period of 12 months from closing.
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The company had also placed 2,583,333 working capital units at a price of $0.12p per unit resulting in gross proceeds of $310,000. Each working capital (WC) unit contains 1 common share of the company and 1 share purchase warrant. Each WC Warrant enables its holder to acquire an additional common share for $0.25 for a period of 12 months from closing.
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, copper, silver and molybdenum. Romios has significant property interests in British Columbia, Ontario Quebec and Nevada.
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