• Rome Resources Ltd. (RMR) has announced a non-brokered private placement for gross proceeds of up to $2,000,000
  • The company will issue up to 10,000,000 common shares at a price of $0.20 per share
  • Net proceeds will be used for the exploration of the Bisie North Tin Project in the Democratic Republic of the Congo
  • Rome Resources acquires and explores mineral properties in Mexico, Argentina and Canada
  • Rome Resources Ltd. (RMR) opened trading at C$0.18

Rome Resources Ltd. (RMR) has announced a non-brokered private placement for gross proceeds of up to $2,000,000.

Under the offering, the company will issue up to 10,000,000 common shares at a price of $0.20 per share.

Net proceeds will be used for the exploration of the Bisie North Tin Project and for working capital.

All shares issued will be subject to a statutory four-month hold period.

Rome Resources Ltd engages in the acquisition, exploration, and evaluation of mineral properties in Mexico and Argentina and other assets in Canada. The company has entered into two option agreements to acquire interests in two properties located in the eastern Democratic Republic of the Congo, referred to collectively as the “Bisie North Tin Project.”

Rome Resources Ltd. (RMR) opened trading at C$0.18.


More From The Market Online
Thane Property

Interra Copper reveals positive results from Thane Project

Interra Copper (CSE:IMCX) reveals results from a recent geological review of its Thane Copper Gold Project in British Columbia.
The Market Online Video

Advancing flagship Ishkõday Gold Project in Ontario

LAURION Mineral Exploration (TSXV:LME). A Canadian junior mining company focused on the exploration and development of...
E3 Lithium's direct lithium extraction pilot plant in 2023

E3 inches closer to Alberta’s first lithium production plant

E3 Lithium (TSXV:ETL) secures an option on a brownfield site for its Clearwater project’s central processing facility.

West Red Lake Gold reports high-grade results at Upper 8

West Red Lake Gold (TSXV:WRLG) reports high grade results from its Uper 8 Target at the Madsen Property in Ontario.