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TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTC PINK:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company") is pleased to announce that the Company has closed the final tranche of its non-brokered private placement (the "Offering") with the sale of a further 1,128,572 flow-through units ("FT Units") at $0.07 per FT Unit for a gross proceeds of $79,000 and 2,887,917 working capital units ("WC Units") at $0.06 per WC Unit for a gross proceeds of $172,675. For details of the terms of the FT Units and WC Units, see the Company's press release of June 9, 2016. The Company paid cash finder's fees of $1,344 and issued 22,400 broker warrants ("Broker Warrants") in respect of the final closing. Each Broker Warrant entitles the holder to acquire a common share, priced at $0.07 until July 27, 2017. The securities issued are subject to a hold period expiring on November 28, 2016. |
