Romios Gold Resources Inc.
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Romios to Commence Trading Post Consolidation as Oreterra Metals Corp. Under Ticker OTMC on Monday, February 2, 2026
TMX Newsfile· 2026-01-29 12:30
Core Viewpoint - Romios Gold Resources Inc. has consolidated its capital on a ten-for-one basis and changed its name to Oreterra Metals Corp, effective February 2, 2026, with trading commencing under the new symbol 'OTMC' [1] Group 1: Capital Consolidation Details - Prior to consolidation, the company had 328,059,969 pre-consolidation shares, 39,956,667 warrants, and 8,700,000 options outstanding. Post-consolidation, there are approximately 32,805,996 shares, 3,995,666 warrants exercisable at $0.50, and 870,000 options with exercise prices between $0.50 and $0.80 [2] - No fractional shares will be issued; any fractional shares will be rounded down to the nearest whole number without cash compensation [3] - A new CUSIP for the post-consolidated shares is 68616A100, and registered shareholders will receive a letter of transmittal with instructions for exchanging pre-consolidation shares [4] Group 2: Company Overview and Future Plans - The name change to Oreterra Metals Corp. and the new trading symbol OTMC mark the completion of a restructuring effort, with management believing that the Trek South porphyry copper-gold prospect is a significant target in BC's Golden Triangle [5] - A National Instrument 43-101 Technical Report for the Trek property recommends two initial phases of drilling for the 2026 field season, with the report available on the company's website [5] - The company also holds interests in two former producers in Nevada and a large Au-Cu property in Ontario, with promising drilling results reported [6]
Romios Announces Shareholder Approval of Name Change to Oreterra Metals Corp. and Share Consolidation
TMX Newsfile· 2026-01-19 12:30
Core Viewpoint - Romios Gold Resources Inc. has received overwhelming shareholder support for key proposals at its Annual General and Special Meeting, including a name change to Oreterra Metals Corp. and a share capital consolidation of up to 10 pre-consolidation shares for 1 new post-consolidation share [1][2] Group 1: Company Developments - The company is currently in the process of pricing a post-consolidation private placement financing, with further details to be announced soon [2] - A restructuring process has been ongoing for the past six months to enhance the company's market appeal and facilitate capital raising for drilling at the Trek South prospect [3] - The company holds interests in two former producers in Nevada, the Kinkaid claims and the Scossa mine property, as well as a 100% interest in the Lundmark-Akow Lake Au-Cu property [4]
Romios Begins New Round of Fieldwork on the Kinkaid Copper-Gold-Silver Project, Walker Lane Trend, Nevada
Newsfile· 2025-10-21 11:30
Toronto, Ontario--(Newsfile Corp. - October 21, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTCID: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") is pleased to announce that is has begun a 10-day field program of detailed geological mapping and sampling to follow up significant gold assays returned earlier this year from newly discovered epithermal gold-silver zones at the PM Skarn and Bismark Hill sites on the Company's 100% owned, road-accessible Kinkaid project in the Walker Lane trend of western ...
Romios Announces Closing of Over-Subscribed and Upsized Non-Brokered Offering of $750,000
Newsfile· 2025-08-19 11:30
Core Viewpoint - Romios Gold Resources Inc. has successfully completed an oversubscribed private placement, raising $750,000 through the issuance of 37,500,000 units, reflecting market confidence in the company's copper-gold properties in British Columbia [1][3]. Group 1: Private Placement Details - The private placement consists of units priced at $0.02 each, with each unit including one common share and one warrant to purchase an additional share at $0.05 for three years [1][2]. - The offering was oversubscribed, indicating strong investor interest and confidence in the company's future prospects [1][3]. - Eligible finders received $17,225 in cash and 640,000 broker warrants, which also allow for the purchase of shares at $0.05 for three years [3]. Group 2: Use of Proceeds - Funds from the offering will be allocated for the maintenance and exploration of properties in Nevada and British Columbia, as well as for general working capital [5]. - No funds will be used for investor relations activities, and up to 15% may be paid to non-arm's length parties for services provided [5]. Group 3: Insider Participation - Four insiders subscribed for 6,700,000 units, totaling $134,000, which is exempt from certain regulatory requirements due to the low market capitalization impact [6]. Group 4: Company Overview - Romios Gold Resources Inc. is focused on mineral exploration, particularly in gold, copper, and silver, holding significant properties in British Columbia's "Golden Triangle" and former producers in Nevada [8]. - The company is preparing for an exploration season at its Trek prospect, which is drill-ready and considered one of the best new porphyry prospects in the province [8].
Romios Announces Over-Subscription and Increase of Non-Brokered Offering to $750,000
Newsfile· 2025-07-30 11:30
Core Viewpoint - Romios Gold Resources Inc. has increased its non-brokered private placement offering from $500,000 to $750,000 due to significant demand, with the offering consisting of up to 37,500,000 working capital units priced at $0.02 each [1][2]. Offering Details - The terms of the working capital units have been modified to include a three-year warrant exercisable at $0.05, with each unit comprising one common share and one full common share purchase warrant [2]. - All securities issued under the offering will be subject to a four-month and one-day hold period, and the transaction is pending approval from the TSX Venture Exchange [3]. Fund Allocation - Proceeds from the sale of the working capital units will be allocated for the maintenance and exploration of the Company's properties in Nevada and British Columbia, as well as for general working capital [3]. - Up to 20% of the funds raised may be paid to non-arm's length parties for services provided to the Company following the closing, subject to fund availability [3]. Insider Participation - Four insiders of the Company have subscribed for 6,000,000 working capital units for $120,000, with the potential for insiders to subscribe for an additional 1,500,000 units, totaling up to $150,000 [4]. - The insider private placements are exempt from certain valuation and minority shareholder approval requirements due to the fair market value of the consideration not exceeding 25% of the Company's market capitalization [4]. Company Overview - Romios Gold Resources Inc. is a Canadian mineral exploration company focused on precious and base metal exploration, primarily gold, copper, and silver [6]. - The Company holds a 100% interest in the Lundmark-Akow Lake Au-Cu property and has extensive claim holdings in British Columbia's "Golden Triangle," including the drill-ready Trek South prospect [6]. - Additional interests include former producers in Nevada and ongoing interests in several properties, including a 2% NSR on McEwen Mining's Hislop gold property and a definitive agreement with Copperhead Resources Inc. for a 75% ownership interest in Romios' Red Line Property [6].
Romios Announces $500,000 Non-Brokered Offering
Newsfile· 2025-07-23 11:30
Core Viewpoint - Romios Gold Resources Inc. is initiating a non-brokered private placement to raise up to $500,000 through the sale of working capital units priced at $0.02 each [1][3]. Group 1: Private Placement Details - The offering consists of up to 25 million working capital units, each unit comprising one common share and one warrant [1][2]. - The warrants allow holders to purchase additional common shares at $0.05 for two years post-closing and at $0.06 until the third anniversary of closing [2]. Group 2: Use of Funds - Funds raised will be allocated for exploration and general working capital, with $50,000 specifically designated to maintain properties in Nevada [3]. - No funds will be used for investor relations activities, and up to 20% of the raised funds may be paid to non-arm's length parties for services [3]. Group 3: Insider Participation - Two insiders have subscribed for 5,500,000 units for $110,000, with the potential for an additional subscription of 2,000,000 units, totaling up to $150,000 [4]. - The insider placements are exempt from certain valuation and minority shareholder approval requirements due to the low market capitalization impact [4]. Group 4: Company Overview - Romios Gold Resources Inc. is focused on mineral exploration, primarily in gold, copper, and silver, holding interests in various properties across Canada and Nevada [6]. - The company has significant holdings in the "Golden Triangle" of British Columbia and former producing properties in Nevada [6].
Romios Gold Resources Inc. Announces $968,000 Insider Debt Settlement
Newsfile· 2025-07-16 11:30
Toronto, Ontario--(Newsfile Corp. - July 16, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") is pleased to announce that it has entered into agreements to settle an aggregate of $968,386 of debt owed to four officers, one director, one former director, and one former director and officer for management fees, directors fees and salary, in consideration for the issuance of 25,578,450 common shares of the Company at a price of $0.02 per share (the " ...
Romios Gold Resources Inc. Announces Termination of Letter of Intent With Star Gold Resources Corp.
Newsfile· 2025-05-05 14:48
Toronto, Ontario--(Newsfile Corp. - May 5, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold") today announced that the parties have mutually agreed to terminate the previously announced non-binding Letter of Intent ("LOI") dated February 28, 2025, regarding the proposed acquisition by Star Gold of all the issued and outstanding shares of Romios' wholly owned affiliate, Romios Gold Nevada Inc.The contemplated transaction, which included the transfer of ownership and ...
Star Gold and Romios Gold Announce Letter of Intent Regarding Top Tier Nevada Gold/Silver/Copper Projects - The Scossa Mine and Kinkaid Properties
Newsfile· 2025-02-28 20:36
Core Viewpoint - Star Gold Corp and Romios Gold Resources Inc. are entering into a share purchase agreement to acquire all shares of Romios' wholly owned affiliate, Romios Gold Nevada Inc., which includes the Scossa Mine Property and Kinkaid Property, aiming to enhance their portfolio and focus on near-term production in Nevada [1][2][6]. Transaction Details - The transaction involves a share roll-back of Star Gold on a 10-1 basis, resulting in approximately 13,589,069 shares outstanding [7]. - The closing of the Share Purchase Agreement is contingent upon a capital raise of at least USD 1.5 million and is subject to approval from the TSX Venture Exchange and the US SEC [7]. - The parties aim to finalize the Share Purchase Agreement by March 14, 2025, with a definitive deadline of March 31, 2025 [7]. Properties Overview - **Longstreet Property**: Comprises 125 mineral claims covering approximately 1,012 hectares in Nevada's Walker Lane, historically producing over 15 million ounces of gold. The main Au-Ag zone measures about 325 m long, 200 m wide, and 3 to 85 m thick [5]. - **Scossa Mine Property**: A historic property in NW Pershing County with 50 mining claims covering 541 hectares, known for high-grade gold production averaging over 1 oz/t Au. The mine operated from the 1930s to early 1940s [9]. - **Kinkaid Property**: Consists of 139 claims covering approximately 1,101 hectares, featuring high-grade Au-Cu+/-Ag vein deposits and several tungsten+/-gold skarn deposits. Notable assays include up to 16.55% Cu and 78.16 g/t Au [10]. Resource Estimates - The Scossa Mine has an in-pit indicated and inferred resource estimate of 101,100 ounces of gold and 2,459,000 ounces of silver, with a pre-tax IRR of 89% and an NPV of USD 53 million at a gold price of USD 1,500/oz and silver price of USD 18/oz [8]. Company Profiles - **Star Gold Corporation**: A leading mining company focused on high-quality mineral properties in Nevada, committed to sustainable practices and community engagement [14]. - **Romios Gold Resources Inc.**: A Canadian mineral exploration company engaged in precious and base-metal exploration, with interests in several significant properties including the Scossa and Kinkaid properties [15].