Press Releases

Toronto, July 6, 2010---Romios Gold Resources Inc. ("Romios" or the "Company") (TSX-V: RG) is please to announced that it has placed 5,066,667 units on a flow-through basis (the "FT Units") priced at $0.15 per FT Unit for gross proceeds of $760,000. Each FT Unit consists of one (1) flow-through common share (the "FT Share") and one-half (½) of a share purchase warrant (a "FT Warrant"). Each full FT Warrant entitles the holder to acquire a further common share of the Company at a price of $0.25 per common share until the earlier of: (i) the date which is twelve (12) months following the closing; and (ii) in the event that the closing price of the common shares on the TSX Venture Exchange is at least $0.50 for ten (10) consecutive trading days, and the 10th trading day (the "Final Trading Day") is at least four (4) months from the Closing Date, the date which is thirty (30) days from the Final Trading Day (the "Trigger Date"). A cash fee of $49,000 and 466,667 broker warrants to acquire non flow-through common shares at a price of $0.15 per share for 12 months from closing was paid in respect of the closing of the first tranche of the offering. The Company is offering up to a further 2,266,667 FT Units for up to a further $340,000.

In addition, Romios has placed 2,000,000 working capital units (the "WC Units") priced at $0.12 per WC Unit for gross proceeds of $240,000. Each WC Unit consists of one (1) common share (the "WC Share") and one (1) share purchase warrant (a "WC Warrant"). Each WC Warrant entitles the holder to acquire a further common share of the Company at a price of $0.25 per common share until the earlier of: (i) the date which is twelve (12) months following the closing; and (ii) the Trigger Date. A cash fee of $12,600 and 150,000 broker warrants to acquire non flow-through common shares at a price of $0.12 per share for 12 months from closing was paid in respect of the closing of the first tranche of the offering. The Company is offering up to a further 2,166,667 WC Units for up to a further $260,000.

All of the securities referred to herein are legended and restricted from trading until at least November 6, 2010.

An Insider of the Company subscribed for 400,000 FT Units for gross proceeds of $60,000 and insiders may subscribe for up to a further $40,000 of FT Units or WC Units, if available. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 ("MI61-101") by virtue of the exemptions contain in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company to be issued to insiders does not exceed 25% of its market capitalization.

The funds will be used for exploration on the Company's properties and for working capital.

About Romios Gold Resources Inc.

Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, copper, silver and molybdenum. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between GCMC's (NovaGold/Teck Resources') large gold-copper-silver deposit and Barrick's high-grade gold mine at Eskay Creek.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact: 

Tom Drivas, President and Director: (tel) 416-221-4124, (fax) 416-218-9772 or (email) romios@romios.com

Thomas Skimming, Vice President of Exploration and Director: (tel) 416-444-0900, (fax) 416-444-0586 or (email) tmsk8ing@hotmail.com

Exchange Listings and Symbols: TSX-V:RG, NASDAQ OTC:RMIOF, Frankfurt:D4R.

Head Office:
25 Adelaide Street East, Suite 1010
Toronto, ON Canada, M5C 3A1 
Tel: 416-221-4124, Fax: 416 218-9772
Website: www.romios.com 

Contact: Tom Drivas, President
Email Address: romios@romios.com

Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.