TRADING SYMBOL:TSX: R
The Company has also increased its land ownership in the Buzzard area by an additional 396 acres. The total land package now owned 100% by Romarco is 3,217 acres. All land is private land and there are no royalties on any of the land parcels. The Company currently has US$40 million in cash (after land purchases) and no debt. All land purchases were arms length transactions with private land owners independent of Romarco and the Haile Gold Mine.
Including the original acquisition of the Haile Gold Mine in
Land was purchased from
About Romarco Minerals Inc. ---------------------------
Romarco Minerals Inc. is a gold development company focused on production in the US and
Please note:
This entire press release may be accessed via fax, e-mail, Romarco's website at www.romarco.com and through CNW Group's website at www.newswire.ca. All material information on Romarco Minerals Inc. can be found at www.sedar.com
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"Neither the TSX Venture 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: For further information: Romarco Minerals Inc.: Diane Garrett, President and CEO, (210) 621-4200, [email protected]; Victoria Vargas, V.P., Investor Relations, (416) 367-5500, [email protected]; Renmark Financial Communications Inc.: Dan Symons, (514) 939-3989, [email protected]
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