Romios Gold Resources Inc. successfully raised $50,000 through a private placement to fund its exploration program in British Columbia.
Romios Gold Resources Inc. ( TSXV : RG) (OTCQB: RMIOF) (FSE: D4R) (' Romios Gold ' or the 'Company') announced the completion of a non-brokered private placement . The company raised $50,000 by issuing 1,666,667 flow-through units ('FT Units') priced at $0.03 per FT Unit. Each FT Unit consists of one (1) flow-through Common Share ('FT Share') and one (1) common share purchase warrant (a 'Warrant').
The warrants allow the holder to acquire one (1) common share of the Company (a 'Warrant Share') at a price of $0.05 until December 27, 2029, or earlier if certain price conditions are met. The gross proceeds from the Offering will be used for Canadian Exploration Expenses related to the exploration program of the Company to be conducted on its properties located in British Columbia. The Company will renounce such Canadian Exploration Expenses with an effective date of no later than December 31, 2024. An eligible finder was paid $3,500 and issued 150,000 broker warrants
Exploration Mining Romios Gold Private Placement TSXV
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