- Rome Resources (RMR) announced a non-brokered private placement for gross proceeds of up to $3,000,000
- The company will issue up to 10,000,000 common shares at a price of $0.30 per share
- The company intends to use the net proceeds for exploration of the Bisie North Tin Project
- Rome Resources Ltd. is a mineral exploration company
- Rome Resources Ltd. (RMR) opened trading at C$0.35
Rome Resources (RMR) announced a non-brokered private placement for gross proceeds of up to $3,000,000.
The company will issue up to 10,000,000 common shares at a price of $0.30 per share.
The company intends to use the net proceeds for exploration of the Bisie North Tin Project and for working capital.
The shares issued will be subject to a statutory four-month hold period.
The private placement is subject to acceptance by the TSX Venture Exchange.
About Rome Resources
Rome Resources Ltd. is a mineral exploration company with two option agreements to acquire 51 per cent interests in the Walikale District of the North Kivu Province in eastern Democratic Republic of the Congo. Rome intends to fund exploration on the project up to the completion of a definitive feasibility study.
Rome Resources Ltd. (RMR) opened trading at C$0.35.