Romios Wraps Up Successful Non-Brokered Flow-Through Offering for $50,000

Introduction

NOT FOR DISSEMINATION, DISTRIBUTION, RELEASE, OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Toronto, Ontario–(Newsfile Corp. – December 30, 2024) – Romios Gold Resources Inc. (TSXV: RG) (OTCQB: RMIOF) (FSE: D4R) (“Romios Gold” or the “Company”) is pleased to announce that, further to its press release of December 23, 2024, it completed a non-brokered private placement of 1,666,667 flow-through units (“FT Units”) priced at $0.03 per FT Unit for $50,000 (the “Offering”).

Details of the Offering

Each FT Unit consists of one (1) flow-through Common Share (“FT Share”) priced at $0.03 per FT Share and one (1) common share purchase warrant (a “Warrant”) with each Warrant entitling the holder to acquire one (1) common share of the Company (a “Warrant Share”) at a price of $0.05 until the earlier of (i) December 27, 2029 (the “Closing”); and (ii) in the event that the closing price of the Common Shares on the TSX Venture Exchange is at least $0.075 for ten (10) consecutive trading days, and the 10th trading day (the “Final Trading Day”) is at least four (4) months from the Closing, the date which is thirty (30) days from the Final Trading Day (the “Trigger Date”).

Effect on Individuals

As an individual investor, participating in a non-brokered flow-through offering like the one Romios Gold just completed can provide an opportunity to invest in a mineral exploration company at a discounted price. By purchasing FT Units, investors can benefit from potential tax incentives while supporting the Company’s exploration activities.

Effect on the World

Non-brokered flow-through offerings are a common way for mineral exploration companies to raise capital for their exploration projects. By successfully completing this Offering, Romios Gold Resources Inc. can now fund its exploration activities, which could lead to the discovery of valuable mineral deposits. This, in turn, could have a positive impact on the mining industry and local economies.

Conclusion

In conclusion, Romios Gold’s successful non-brokered flow-through offering for $50,000 is a significant achievement for the Company. By securing funding through this Offering, Romios Gold can continue its exploration efforts and potentially make valuable discoveries in the mining sector. Both individual investors and the world stand to benefit from the positive outcomes that may result from this capital raise.