Romios Gold Targets $150,000 in Share Offering

Romios Gold Resources (TSE:RG) has released an update.

Romios Gold Resources Inc. is set to raise $150,000 through a non-brokered private placement of 15 million shares at $0.01 each. The capital raised will be directed towards exploration activities and general working capital, with a significant portion allocated to maintaining the company’s Nevada property. Company insiders will participate in up to 25% of the offering, adhering to regulatory exemptions.

For further insights into TSE:RG stock, check out TipRanks’ Stock Analysis page.