Romios Announces Closing of Non-Brokered Offering
2 Toronto Street, Suite 500
Toronto, Ontario, Canada M5C 2B6
NEWS RELEASE
ROMIOS ANNOUNCES CLOSING OF NON-BROKERED OFFERING
TORONTO, ONTARIO, July 17 , 2017 Romios Gold Resources Inc. (“Romios” or the
“Company”) (TSX.V -RG) (OTC-PK: RMIOF) (Frankfurt: D4R) is pleased to announce that the
Company has closed its non-brokered private placement (the “Offering”) with the sale of 3,700,000
flow-through units (“FT Units”) at $0.05 per FT Unit for proceeds of $185,000 and 400,000 working
capital units (“ WC Units ”) at $0.05 per WC Unit for proceeds of $20,000 . Proceeds from the
Offering are expected to be used for a drill program to test a significant electromagnetic conductor at
Atim Lake North, just west of the previous drilling on the Lundmark -Akow Lake property in
northwestern Ontario, and for working capital purposes.
Each FT Unit consists of one (1) common share and one-half (0.5) of a share purchase warrant. Each
full warrant (“Warrant”) entitles the holder to purchase one (1) common share (a “ Warrant Share”)
at a price of $0.10 per Warrant Share until the date which is twelve (12) months following the Closing
of the Offering.
Each WC Unit consists of one (1) common share and one (1) common share purchase warrant (“ WC
Warrant”). Each WC Warrant entitles the holder to purchase one (1) common share (a “ WC
Warrant Share”) exercisable for a period of twe lve (12) months following the Closing of the
Offering.
The Company paid a cash finder’s fee $3500 and issued 70,000 broker warrants. Each broker warrant
entitles the holder to acquire one (1) common share of Romios at $0.05 for a period of twe lve (12)
months from the Closing of the Offering.
Insiders of th e Company subscribed for $60,000 of FT Units . The insider private placements are
exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument
61-101 (“MI 61-101”) by virtue of the exemptions contain in s ection 5.5(a) and 5.7(1) (a) of MI 61 -
101 in that the fair market value of the consideration for the securities of the Company issued to the
insiders does not exceed 25% of its market capitalization.
The securities issued are subject to a hold period expiring on November 15, 2017.
About Romios Gold Resources Inc.
Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in
1995, is engaged in precious and base metal exploration primarily focused on gold, silver and copper
in its properties in British Columbia centrally located betwe en Galore Creek Mining Corporation’s
large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek. In addition to the
Lundmark-Akow Lake and Hislop properties in Ontario, Romios has other property interests in
Quebec and Nevada.
This News Release contains forward-looking statements which are typically preceded by, followed by
or including the words “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans” or
similar expressions. Forward -looking statements are not guarantee s of future performance as they
involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to
update these forward - looking statements and shareholders are cautioned not to put undue reliance
on such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information, please contact:
Tom Drivas, President and Director, (tel) 416-221-4124, (fax) 416-218-9772 or (email)
Frank van de Water, Chief Financial Officer and Director, (tel) 416-221-4124 or (email)