Romios Gold Resources Inc. (TSX-V: RG) (the "Company" or "Romios") is pleased to announce that it has retained the services of Bay Street Connect effective August 1, 2009 to design and implement an investor relations program for the Company. It is intended that the program will involve the introduction of the Company to appropriate analysts, portfolio managers and the media with a view to achieving a high level of awareness of Romios in the investment community and to broaden the shareholder base.
Bay Street Connect is an owner-managed firm based in Toronto and a leading provider of investor relations services to Canadian public companies in the resource sector since 2003. Focusing on direct communication and face to face meetings, it has assisted numerous organizations in improving relationships within the investment community. In consideration for the services to be provided, Romios has agreed to pay Bay Street Connect from existing working capital a monthly fee of C$5,000 starting September 1, 2009. The initial term of the contract is 4 months and continues thereafter on a month-to-month basis until terminated by either party on 30 days prior notice. In addition, Romios has granted to Bay Street Connect, subject to regulatory approval, stock options to acquire 300,000 common shares at a price of C$0.15 per share. One-quarter (75,000) of the options will vest on each of October 31, 2009, January 31, 2010, April 30, 2010 and July 31, 2010. If the contract is terminated, all unvested options will be immediately cancelled and all vested options will be required to be exercised within 30 days of the effective termination date. Bay Street Connect holds no direct or indirect interest in Romios or its securities other than the 300,000 stock options granted to it under the investor relations arrangement.
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, silver and copper. Romios has significant property interests in British Columbia, Ontario and Nevada. The Corporation is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between Nova Gold's large gold-copper-silver deposit and Barrick's high grade gold mine at Eskay Creek.
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
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.