- Romios Gold (RG) is seeking to raise up to C$500,000 through a non-brokered private placement
- The company will employ the funds for exploration and working capital
- The offering is scheduled to close before the end of October 2021
- Romios Gold is engaged in precious and base-metal exploration focused primarily on gold, silver and copper
- Romios Gold (RG) is up by 28.57 per cent and is currently trading at $0.045 per share
Romios Gold (RG) is seeking to raise up to C$500,000 through a non-brokered private placement.
The company will offer up to 10,000,000 flow-through units, up to 10,000,000 working capital units, or a combination thereof to a maximum of 10,000,000 units.
Each flow-through unit is priced at $0.05 and consists of one common share and one-half of one share purchase warrant.
Each flow-through warrant entitles the holder to purchase one common share for $0.08 until twelve months following the closing of the offering.
Each working capital unit is priced at $0.05 and consists of one common share and one common share purchase warrant.
Each working capital warrant entitles the holder to purchase one common share for $0.08 until twelve months following the closing of the offering.
Romios will employ the funds for exploration and working capital.
Company insiders will subscribe for up to $130,000 in flow-through units and $25,000 in working capital units.
The offering is scheduled to close before the end of October 2021.
Romios Gold is engaged in precious and base-metal exploration focused primarily on gold, silver and copper.
Romios Gold (RG) is up by 28.57 per cent and is currently trading at $0.045 per share as of 12:59 pm ET.