Romios Gold Announces Final Closing of Working Capital Offering

TORONTO, ONTARIO -- (Marketwire) -- 08/10/11 -- Further to its press release of July 28, 2011, Romios Gold Resources Inc. (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) ('Romios' or the 'Company') is pleased to announce that it has placed a further 1,355,384 working capital units ('WC Units') priced at $0.52 per WC Unit for gross proceeds of $704,799.68. Each WC Unit consists of one (1) common share of the Company and one (1) share purchase warrant (a 'WC Warrant'). Each WC Warrant entitles the holder to acquire an additional common share at $1.00 per share until the earlier of: (i) the date which is twelve (12) months following the Closing Date; and (ii) in the event that that the closing price of the common shares on the TSX Venture Exchange is at least $1.25 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. Cash finders fees of $45,696 were paid in respect of the final closing of the offering.

Securities issued pursuant to the above referenced private placement are legended and restricted from trading until December 10, 2011.

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, silver and copper. 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 Galore Creek Mining Corporation's large copper-gold-silver deposit and Barrick's high grade gold mine at Eskay Creek.

Exchange Listings and Symbols: (TSX VENTURE: RG)(OTCBB: 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

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.

Tom Drivas

President and Director

416-221-4124

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


Mel de Quadros

Ph.D., P.Eng.

Director

416-668-6145
ymirconsulting@gmail.com


Michael D'Amico

CFO

Investor Relations

647-500-6023
Michael@baystreetconnect.com