Romios Gold 7,237,500-share private placement

Nov 12, 2018

2018-11-12 19:05 ET – Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 8, 2018.

Flow-through (FT) shares

Number of FT shares:  1.3 million flow-through shares

Purchase price:  10 cents per flow-through share

Warrants:  650,000 share purchase warrants to purchase 650,000 shares

Warrant initial exercise price:  18 cents

Warrant term to expiry:  one year

Non-flow-through (NFT) shares

Number of NFT shares:  5,937,500 non-flow-through shares

Purchase price:  eight cents per non-flow-through share

Warrants:  5,937,500 share purchase warrants to purchase 5,937,500 shares

Warrant initial exercise price:  12 cents

Warrant term to expiry:  one year

Number of placees:  seven placees

Insider:  Lawrence Roulston, 125,000

Note that in certain circumstances the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.

http://www.romios.com/press-releases/

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