News Releases

January 7, 2008
Romios Announces Closing Of $5,180,900 Flow-Through Offering With Mineralfields Group, Trinity Wood Mining, frontierAlt And Others

Romios Gold Resources Inc. (TSX-V: RG) wishes to announce that, further to its press release dated December 21, 2007, it has completed the sale of 10,361,800 common shares on a flow-through basis (the "FT Shares") priced at $0.50 per FT Share for gross proceeds of $5,180,900 (the "FT Offering"). A total of 6,000,000 of the FT Shares were placed with the MineralFields Group. Limited Market Dealer Inc. received 480,000 common shares priced at $0.50 per share as a finder's fee and 480,000 share purchase warrants to acquire common shares at a price of $0.50 per share in the first year and $0.90 per share in the second year expiring on December 28, 2009 with respect to the placement with the MineralFields Group. A further 3,817,800 FT Shares were placed with the Trinity Wood Mining and frontierAlt limited partnerships. Mak Allen & Day Capital Partners Inc. received a cash finder's fee of $152,712 with respect to this placement as well as warrants to acquire 305,424 common shares on the same terms as set out above. A total of 544,000 of the FT shares were placed with insiders of the Corporation and an additional arm's-length subscriber.

The Corporation has also completed the issuance of 525,000 common shares (the "Shares") priced at $0.40 per Share for gross proceeds of $210,000. Of these Shares, 500,000 were placed with frontierAlt. Mak Allen & Day Capital Partners Inc. received a cash finder's fee of $16,000 with respect to this placement as well as warrants to acquire 40,000 common shares at a price of $0.40 per share in the first year and $0.90 in the second year expiring on December 31, 2009. The balance of the Shares were placed with an insider of the Corporation. 

All of the securities referred to herein will bear a legend and be restricted from trading until at least April 29, 2008. 

Funds will be used for the 2008 drilling and exploration program on Romios' Canadian exploration properties, primarily the British Columbia properties.

"We are very pleased with the new investment by the MineralFields Group", and very happy about the interest shown from Trinity Woods Mining and Frontier Alt said Tom Drivas, President and CEO of Romios. "This is an important milestone in the growth of the Corporation and we look forward to working with MineralFields Group as we develop our holdings in British Columbia and Ontario." This is the second financing that MineralFields Group has completed with the Corporation in as many years.

About MineralFields, Pathway and First Canadian Securities®

MineralFields Group (a division of Pathway Asset Management) is a Toronto based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineraflields.com. First Canadian Securities® is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service friendly terms, with investors both within, and outside of, MineralFields Group.

About the frontierAlt Group of Companies

Based in Toronto, frontierAlt Capital Corp is a diversified investment firm that offers specialized financial solutions. frontierAlt's subsidiaries include:

frontierAlt Funds Management - offers structured products, flow-through limited partnerships, and traditional mutual funds. Also offered is the OasisTM brand of socially responsible investment solutions.
MAK Allen & Day Capital Partners - offers corporate finance, investment banking, and portfolio management services. 
KeiData - provides back-office solutions to the investment funds industry using in-house technology.

For more information please visit www.frontieralt.com, www.makpartners.com, and www.keidata.com or call (866) 745-5545.

About Romios Gold Resources Inc.

Romios Gold Resources Inc is a Canadian exploration company which focuses on the acquisition and exploration of precious and base metal prospects in the vicinity of major mining camps throughout North America. Currently, Romios is involved in several major exploration projects in British Columbia, Ontario and Nevada. Romios has been a public company since 1995 and in addition to trading on the Toronto Venture Exchange, it trades on the Over-The-Counter market in the United States (Exemption No. 82-5093, symbol: RMIOF) and on the Frankfurt Stock Exchange in Germany (symbol: D4R).

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

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy
of this release.

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.

You can view the Next News Releases item: January 29, 2008, Romios Exercises Option to Hold 75% Interest in Newmont Lake Property

You can view the Previous News Releases item: December 21, 2007, Romios Announces Proposed Flow-Through Offering Of Up To $5,250,000 And Working Capital Offering Of Up To $500,000

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