Romios Gold Resources appoints Burega as CEO

Jul 15, 2022

2022-07-15 09:44 ET – News Release

Mr. Stephen Burega reports

ROMIOS ANNOUNCES APPOINTMENT OF STEPHEN BUREGA AS CEO

Romios Gold Resources Inc. has appointed Stephen Burega chief executive officer of the company. Mr. Burega was appointed president of the company in September, 2021. Tom Drivas has resigned as CEO. The board of directors wishes to thank Mr. Drivas for his guidance and his service to the company as CEO from its inception. Mr. Drivas will remain a director of the company.

“Tom founded Romios Gold more than 27 years ago, and over the years, he did an exceptional job at identifying prime locations to accumulate sizeable exploration claim blocks in Canada and Nevada,” stated Mr. Burega, president and CEO of Romios. He continued, “I want to thank Tom for all of his efforts and direction over the years in developing Romios and securing strong partnerships and assets.”

He continued: “Plans are currently under way to move the company’s assets forward with a focused effort to streamline our approach and to bring our Nevada assets to the forefront of future exploration activities. We are actively looking for strong partnerships for our core assets in British Columbia and Ontario. All exploration activities will be supported with a well-developed communications and marketing effort that began in early 2022 to reintroduce the company to the investing marketplace.”

Upon his resignation, the employment agreement with Mr. Drivas was terminated effective Jan. 31, 2022, and the company paid $144,000 on account of his accrued salary.

About Romios Gold Resources Inc.

Romios Gold Resources is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100-per-cent interest in the Lundmark-Akow Lake gold-copper property plus four additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the Golden Triangle of British Columbia. Additional interests include the Kinkaid Nevada claims covering numerous gold-silver-copper workings and two former producers: the La Corne molybdenum mine property (Quebec) and the Scossa mine property (Nevada) which is a former high-grade gold producer. The company retains an continuing interest in several properties including a 20-per-cent carried interest in five of Honey Badger Mining’s claim blocks in the Thunder Bay silver district of northwestern Ontario; a 2-per-cent net smelter returns royalty on McEwen Mining’s Hislop gold property in Ontario; a 2-per-cent NSR on Enduro Metals Corp.’s Newmont Lake Au-Cu-Ag property in B.C., and the company has signed a definitive agreement with Copperhead Resources Inc. whereby Copperhead can acquire a 75-per-cent ownership interest in Romios’ Red Line project in B.C.

We seek Safe Harbor.

https://romios.com/