- Press Releases
TORONTO, ONTARIO - April 2, 2007 - Romios Gold Resources Inc. ("Romios" or "the Corporation") (TSX VENTURE:RG) (OTCBB:RMIOF) (FRANKFURT:D4R) is pleased to announce it has appointed William Babcock as a consultant/advisor to the President. Mr. Babcock will work closely with the CEO assisting with the development and implementation of the Corporation's marketing, media and communications plans.
The Corporation has signed a twelve month consulting agreement with the Consultant to provide the Corporation with Investor Relations Services in consideration for the Corporation paying the Consultant the sum of $800 per month and granting the Consultant 50,000 options which will be exercisable at a price of $0.60 per share. These options will vest quarterly over the next year and will be exercisable for a period of two years. The Corporation has also agreed to grant a further 150,000 options to Stephen Maher on the same terms for his continued service as a consultant to the Corporation.
The transactions set out herein are subject to approval from the TSX Venture Exchange.
Based in Toronto Mr. Babcock will liaise and work in tandem with Scott F. Gibson and Company of Vancouver who were appointed as investment relations counsel to the firm in mid January.
In announcing the appointment, Tom Drivas President of Romios Gold, stated that "we expect 2007 to be a breakthrough and benchmark year in the history of our company and I am pleased that the Board of Directors has given full authorization and support to further strengthen our management group." He further noted that several additional appointments of new key personnel are expected in the near future.
Mr. Babcock, a specialist in corporate and marketing communications has had a career that spans over 30 years in the communications arena. He has consulted for numerous corporations, professional bodies and associations. He is a former vice president of the largest financial advisors association in Canada. In addition to being the author of numerous articles and reports on communication practices, Babcock was a Founding Director of The Public Affairs Association of Canada.
Tom Drivas further noted that "Bill will bring added value to our program to raise investor awareness of the company He is no stranger to the industry having been raised in Sudbury, has experienced working underground in hard rock mining and went on to become Chief of Staff to the Federal Minister of Mines and Secretary to the National Advisory Committee on the Mining Industry (NACOMI) in the early 1980s."
In joining Romios Gold, Babcock said, "I am pleased to return to my roots in the mining industry by joining an exciting company and to be working with an energetic team that will move this company into mining prominence." Romios has an ambitious drilling program planned this summer for its major Galore Creek Area Project in British Columbia, so it is very exciting to be brought on board at this time" Babcock said.
About Romios Gold
Romios Gold Resources Inc. is a progressive Canadian mineral exploration company established in 1995 and headquartered in Toronto Canada. It is actively engaged in exploration and mineral development across North America with a primary focus on gold, silver and copper bearing properties. Romios Gold has significant mining interests in British Columbia, Ontario and Nevada. In 2007 Romios will undertake extensive field work and drilling on its Galore Creek properties in B.C. which are centrally located between NovaGold's deposit and Barrick's rich Eskay Creek mine. This year's intensive drilling and exploration work will help confirm and further improve the property's potential.
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. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Romios Gold Resources Inc.
President and Director
(416) 218-9772 (FAX)
Romios Gold Resources Inc.
Vice President of Exploration and Director
(416) 444-0586 (FAX)
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