- 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.