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Romios Gold Resources Inc. Announces Sale of Select Golden Triangle British Columbia Claim Blocks to Galore Creek Mining Corporation

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Romios Gold Resources (OTC:RMIOF) has announced the sale of five claim blocks in British Columbia's Golden Triangle region to Galore Creek Mining Corporation (GCMC). The transaction includes the Boulder, JW West, Porc, North East, and North West Claim Blocks.

The deal terms include CAD $100,000 in cash consideration and up to 2% Net Smelter Return (NSR) royalty on each claim block. GCMC, a joint venture between Newmont Corporation and Teck Resources, has the option to reduce the NSR through three buy-back provisions: 0.5% for $1M, another 0.5% for $1M, and a final 0.5% for $3M, potentially reducing the NSR to 0.5%.

The sale aligns with Romios Gold's strategic review to focus on core assets, particularly the Trek South Prospect.

Romios Gold Resources (OTC:RMIOF) ha annunciato la vendita di cinque blocchi di concessioni nella regione del Golden Triangle in British Columbia a Galore Creek Mining Corporation (GCMC). L'operazione riguarda i blocchi Boulder, JW West, Porc, North East e North West.

I termini dell'accordo prevedono un corrispettivo in contanti di 100.000 CAD e una royalty fino al 2% del Net Smelter Return (NSR) su ciascun blocco di concessione. GCMC, una joint venture tra Newmont Corporation e Teck Resources, ha l'opzione di ridurre la royalty NSR tramite tre clausole di riacquisto: 0,5% per 1 milione di dollari, un ulteriore 0,5% per 1 milione di dollari e infine 0,5% per 3 milioni di dollari, con la possibilità di ridurre la NSR fino allo 0,5%.

La vendita si inserisce nella revisione strategica di Romios Gold, volta a concentrarsi sugli asset principali, in particolare sul Trek South Prospect.

Romios Gold Resources (OTC:RMIOF) ha anunciado la venta de cinco bloques de concesión en la región del Golden Triangle en Columbia Británica a Galore Creek Mining Corporation (GCMC). La transacción incluye los bloques Boulder, JW West, Porc, North East y North West.

Los términos del acuerdo incluyen una contraprestación en efectivo de 100,000 CAD y hasta un 2% de regalías Net Smelter Return (NSR) sobre cada bloque de concesión. GCMC, una empresa conjunta entre Newmont Corporation y Teck Resources, tiene la opción de reducir la regalía NSR mediante tres cláusulas de recompra: 0.5% por 1 millón de dólares, otro 0.5% por 1 millón de dólares y un último 0.5% por 3 millones de dólares, con la posibilidad de reducir la NSR hasta un 0.5%.

La venta está alineada con la revisión estratégica de Romios Gold para enfocarse en sus activos principales, especialmente en el Trek South Prospect.

Romios Gold Resources (OTC:RMIOF)ëŠ� 브리티시컬럼비아ì� 골든 트ë¼ì´ì•µê¸€ ì§€ì—­ì— ìœ„ì¹˜í•� 다섯 ê°œì˜ ê´‘ê¶Œ 블ë¡ì� Galore Creek Mining Corporation (GCMC)ì—� 매ê°í–ˆë‹¤ê³� 발표했습니다. 거래ì—는 Boulder, JW West, Porc, North East, North West ê´‘ê¶Œ 블ë¡ì� í¬í•¨ë©ë‹ˆë‹�.

거래 ì¡°ê±´ì€ í˜„ê¸ˆ 10ë§� ìºë‚˜ë‹� 달러와 ê°� ê´‘ê¶Œ 블ë¡ì—� 대í•� 최대 2% 순제련수ì�(NSR) 로열í‹�ë¥� í¬í•¨í•©ë‹ˆë‹�. GCMCëŠ� Newmont Corporationê³� Teck Resourcesì� í•©ìž‘ íˆ¬ìž íšŒì‚¬ë¡�, ì„� 차례ì� 로열í‹� 환매 ì¡°í•­ì� 통해 NSRì� ì¤„ì¼ ìˆ� 있는 옵션ì� 보유하고 있습니다: 100ë§� 달러ì—� 0.5%, ë˜� 다른 100ë§� 달러ì—� 0.5%, 마지막으ë¡� 300ë§� 달러ì—� 0.5%ë¡�, NSRì� 최대 0.5%까지 ì¤„ì¼ ìˆ� 있습니다.

ì´ë²ˆ 매ê°ì€ Romios Goldê°€ 핵심 ìžì‚°, 특히 Trek South Prospectì—� 집중하기 위한 ì „ëžµì � 검토와 ì¼ì¹˜í•©ë‹ˆë‹�.

Romios Gold Resources (OTC:RMIOF) a annoncé la vente de cinq blocs de concessions dans la région du Golden Triangle en Colombie-Britannique à Galore Creek Mining Corporation (GCMC). La transaction inclut les blocs de concessions Boulder, JW West, Porc, North East et North West.

Les termes de l'accord prévoient une contrepartie en espèces de 100 000 CAD et jusqu'à 2% de redevance Net Smelter Return (NSR) sur chaque bloc de concession. GCMC, une coentreprise entre Newmont Corporation et Teck Resources, a la possibilité de réduire la NSR via trois clauses de rachat : 0,5% pour 1 million de dollars, un autre 0,5% pour 1 million de dollars, et un dernier 0,5% pour 3 millions de dollars, ce qui pourrait réduire la NSR à 0,5%.

Cette vente s'inscrit dans la révision stratégique de Romios Gold visant à se concentrer sur ses actifs principaux, notamment le Trek South Prospect.

Romios Gold Resources (OTC:RMIOF) hat den Verkauf von fünf Anspruchsblöcken in der Golden Triangle-Region von British Columbia an Galore Creek Mining Corporation (GCMC) bekannt gegeben. Die Transaktion umfasst die Anspruchsblöcke Boulder, JW West, Porc, North East und North West.

Die Vertragsbedingungen sehen eine Barzahlung von 100.000 CAD sowie bis zu 2% Net Smelter Return (NSR)-Lizenzgebühren für jeden Anspruchsblock vor. GCMC, ein Joint Venture zwischen Newmont Corporation und Teck Resources, hat die Option, die NSR durch drei Rückkaufoptionen zu reduzieren: 0,5% für 1 Mio. $, weitere 0,5% für 1 Mio. $ und schließlich 0,5% für 3 Mio. $, wodurch die NSR auf 0,5% gesenkt werden kann.

Der Verkauf steht im Einklang mit der strategischen Überprüfung von Romios Gold, sich auf Kernwerte zu konzentrieren, insbesondere auf das Trek South Prospect.

Positive
  • Immediate cash proceeds of CAD $100,000
  • Potential future revenue through 2% NSR royalty on each claim block
  • Strategic focus on core assets including Trek South Prospect
  • Partnership with major mining companies through GCMC (Newmont and Teck JV)
Negative
  • Reduction in company's land package holdings
  • NSR royalty can be significantly reduced through buy-back provisions

Toronto, Ontario--(Newsfile Corp. - July 10, 2025) - Romios Gold Resources Inc. (TSXV: RG) (OTC PINK: RMIOF) (FSE: D4R) ("Romios Gold") is pleased to announce that it has sold five claim blocks from its land package in the Golden Triangle region of northern British Columbia to Galore Creek Mining Corporation ("GCMC").

The transaction comprises the following five claim blocks: the Boulder, JW West, Porc, North East, and North West Claim Blocks (see Map #1 below). As consideration for the sale, Romios Gold will receive $100,000 CAD and a Net Smelter Return (NSR) royalty of up to 2% on each individual claim block.

Under the terms of the agreement, GCMC, the operator of a 50:50 joint venture between Newmont Corporation and Teck Resources Limited, retains the right to purchase portions of the NSR as follows:

  1. First Royalty Buy-Back: 0.5% of the NSR for $1,000,000, reducing the NSR to 1.5%;
  2. Second Royalty Buy-Back: An additional 0.5% for $1,000,000, reducing the NSR to 1.0%;
  3. Third Royalty Buy-Back: A final 0.5% for $3,000,000, reducing the NSR to 0.5% (the "Remaining NSR").

"Romios is currently undergoing an internal review to prioritize our core assets for future exploration, with renewed emphasis on advancing our Trek Project and in particular the large-scale Trek South Prospect in the Golden Triangle," said Kevin M. Keough, CEO of Romios Gold. "As part of this process, we identified these claim blocks as non-core and negotiated their sale with the GCMC team. We look forward to sharing further details on our strategic plans as they are finalized."

Map #1 - Location of the 5 claim blocks included in the transaction with GCMC

To view an enhanced version of this graphic, please visit:

About Romios Gold Resources Inc.:
Romios Gold Resources Inc. is a progressive Canadian mineral exploration company engaged in precious- and base-metal exploration, focused primarily on gold, copper and silver. It has a 100% interest in the Lundmark-Akow Lake Au-Cu property plus 4 additional claim blocks in northwestern Ontario and extensive claim holdings covering several significant porphyry copper-gold prospects in the "Golden Triangle" of British Columbia. Additional interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane Trend covering numerous Au-Ag-Cu workings, and the Scossa mine property in the Sleeper Trend which is a former high-grade gold producer. The Company retains an ongoing interest in several properties including a 2% NSR on McEwen Mining's Hislop gold property in Ontario; a 2% NSR on Enduro Metals' Newmont Lake Au-Cu-Ag property in BC, and the Company has signed a definitive agreement with Copperhead Resources Inc. ("Copperhead") whereby Copperhead can acquire a 75% ownership interest in Romios' Red Line Property in BC.

For more information, please for Romios' website.

This News Release contains forward-looking statements which are typically preceded by, followed by or include the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements. TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) do not accept responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Kevin Keough, CEO - (613) 219-9317 or [email protected]

Stephen Burega, President - (647) 515-3734 or [email protected]

To view the source version of this press release, please visit

FAQ

What assets did Romios Gold (RMIOF) sell to Galore Creek Mining Corporation?

Romios Gold sold five claim blocks in the Golden Triangle region of British Columbia, including the Boulder, JW West, Porc, North East, and North West Claim Blocks.

How much will Romios Gold receive from the claim blocks sale?

Romios Gold will receive CAD $100,000 in cash and up to 2% Net Smelter Return (NSR) royalty on each individual claim block.

What are the NSR buy-back terms in the Romios Gold claim sale?

GCMC can buy back the NSR in three stages: 0.5% for $1M, another 0.5% for $1M, and a final 0.5% for $3M, potentially reducing the NSR to 0.5%.

Why did Romios Gold sell these claim blocks?

The sale is part of Romios Gold's internal review to prioritize core assets, with renewed focus on advancing their Trek Project, particularly the Trek South Prospect.

Who owns Galore Creek Mining Corporation?

Galore Creek Mining Corporation (GCMC) is a 50:50 joint venture between Newmont Corporation and Teck Resources Limited.
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