Vancouver, British Columbia--(Newsfile Corp. - February 6, 2023) - Rome Resources Ltd. (TSXV: RMR) (FSE: 33R) ("Rome" or the "Company") is pleased to announce that it has fully exercised the First Options under, respectively, (a) the option agreement made effective as of the 15th day of August 2022 between CoTinCo Minerals Projects International LLC and Rome (the "CoTinCo Option Agreement"); and (b) the option agreement made effective as of the 15th day of August 2022 between Medidoc-RD Congo SARLU ("MRDC"), Andreas Friedrich Reitmeier and Rome (the "MRDC Option Agreement").
As a result, Rome has earned
(a) a 25% undivided interest in and to exploration permit PR 15130, as set out in the CoTinCo Option Agreement; and
(b) a 30% undivided interest in and to the issued and outstanding shares in MRDC, as set out in the MRDC Option Agreement.
About Rome Resources
Rome Resources Ltd. is a mineral exploration company that has entered into two option agreements to acquire 51% direct and indirect interests in two contiguous properties situated in the Walikale District of the North Kivu Province in eastern DRC, which are collectively referred to as the "Bisie North Tin Project." Rome intends to fund exploration on the project up to the completion of a definitive feasibility study.
For further information, please contact:
Dr. Georg Schnura
President, CEO and Director
Telephone: (604) 687-6140
Cautionary Note Regarding Forward-Looking Statements
The information in this news release may include certain information and statements about management's view of future events, expectations, plans and prospects that may constitute forward-looking statements. Forward-looking statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Rome Resources Ltd believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Rome Resources Ltd disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
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