Romios Announces Final Closing of Flow-Through Offering and Working Capital Offering

TORONTO, ONTARIO -- (Marketwire) -- 07/15/10 -- Romios Gold Resources Inc. ('Romios' or the 'Company') (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) is please to announced that it placed a further 2,250,000 units on a flow-through basis (the 'FT Units') priced at $0.15 per FT Unit for gross proceeds of $337,500. Each FT Unit consists of one (1) flow-through common share (the 'FT Share') and one-half (1/2) of a share purchase warrant (a 'FT Warrant'). Each full FT Warrant entitles the holder to acquire a further common share of the Company at a price of $0.25 per common share until the earlier of: (i) the date which is twelve (12) months following the closing; and (ii) in the event that the closing price of the common shares on the TSX Venture Exchange is at least $0.50 for ten (10) consecutive trading days, and the 10th trading day (the 'Final Trading Day') is at least four (4) months from the Closing Date, the date which is thirty (30) days from the Final Trading Day (the 'Trigger Date'). A cash fee of $21,780 and 200,000 compensation options to acquire units at $0.15 per unit ('Compensation Units') were issued. Each Compensation Unit is comprised of one (1) common share and one-half of one (1/2) non-transferable share purchase warrant (the 'Warrant'). Each full Warrant entitles the holder to purchase one (1) common share (the 'Warrant Shares') of the Company at a price of $0.25 per Warrant Share until the earlier of July 8, 2011 and the Trigger Date.

In addition, Romios placed a further 1,100,000 working capital units (the 'WC Units') priced at $0.12 per WC Unit for gross proceeds of $132,000. Each WC Unit consists of one (1) common share (the 'WC Share') and one (1) share purchase warrant (a 'WC Warrant'). Each WC Warrant entitles the holder to acquire a further common share of the Company at a price of $0.25 per common share until the earlier of: (i) the date which is twelve (12) months following the closing; and (ii) the Trigger Date. A cash fee of $8,400 and 100,000 broker warrants to acquire non flow-through common shares at a price of $0.12 per share for 12 months from closing was paid in respect of the final closing of the offering.

All of the securities referred to herein are legended and restricted from trading until at least November 9, 2010.

Insiders of the Company subscribed for 100,000 WC Units for gross proceeds of $12,000 and 100,000 FT Units for gross proceeds of $15,000. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 ('MI61-101') by virtue of the exemptions contain in section 5.5(a) and 5.7(1) (a) of MI 61-101 in that the fair market value of the consideration for the securities of the Company issued to the insiders does not exceed 25% of its market capitalization.

The funds will be used for exploration on the Company's properties and for working capital.

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, copper, silver and molybdenum. Romios has significant property interests in British Columbia, Ontario, Quebec and Nevada. The Company is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between GCMC's (NovaGold/Teck Resources') large gold-copper-silver deposit and Barrick's high-grade gold mine at Eskay Creek.

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

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, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

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.

Contacts:

Romios Gold Resources Inc.

Michael D'Amico

Investor Relations

647-500-6023

416-218-9772 (FAX)
romios@romios.com


Romios Gold Resources Inc.

Thomas Skimming

Vice President of Exploration and Director

416-444-0900

416-444-0586 (FAX)
tmsk8ing@hotmail.com
www.romios.com