New Issue: Romios Gold pockets C$1.64 million through private placement of units

By Devika Patel

Knoxville, Tenn., Dec. 31 - Romios Gold Resources Inc. said it completed a C$1.64 million non-brokered private placement of units.

The company sold 8,883,329 flow-through units at C$0.15 apiece. Each flow-through unit consists of one flow-through common share and one half-share warrant. Each whole warrant is exercisable at C$0.90 for one year.

The company also sold 2,583,333 working capital units at C$0.12 apiece. Each working capital unit consists of one common share and one warrant. Each warrant is exercisable at C$0.25 for one year.

Romios is a precious metal exploration company based in Toronto.

Issuer:	Romios Gold Resources Inc.
Issue:	Flow-through units of one flow-through common share and one half-share warrant, working capital units of one common share and one warrant
Amount:	C$1,642,500
Warrant expiration:	One year
Agent:	Non-brokered
Settlement date:	Dec. 31
Stock symbol:	TSX Venture: RG
Stock price:	C$0.135 at close Dec. 30
Market capitalization:	C$13 million
Flow-through units
Amount:	C$1,332,500
Units:	8,883,329
Price:	C$0.15
Warrants:	One half-share warrant per unit
Warrant strike price:	C$0.90
Working capital units
Amount:	C$310,000
Units:	2,583,333
Price:	C$0.12
Warrants:	One warrant per unit
Warrant strike price:	C$0.25

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