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Romios Gold Resources Announces CFO Transition

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Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) has announced a CFO transition. Frank van de Water is retiring as CFO on August 1, 2024, but will remain on the Board of Directors. Brian Crawford will assume the role of CFO, subject to regulatory approval.

Stephen Burega, President and CEO, thanked Frank for his executive leadership since joining as CFO in December 2015 and as a board member since July 2007. Brian Crawford, the incoming CFO, is a University of Toronto graduate and former partner with BDO Canada LLP. He has extensive experience as CFO and director of private and public companies, currently serving in these roles for several public companies.

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Positive

  • Smooth transition in CFO role with experienced replacement
  • Retiring CFO remains on Board of Directors, ensuring continuity

Negative

  • None.

News Market Reaction 1 Alert

-8.26% News Effect

On the day this news was published, RMIOF declined 8.26%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - August 1, 2024) - Romios Gold Resources Inc. (TSXV: RG) (OTC Pink: RMIOF) (FSE: D4R) ("Romios Gold" or the "Company") announced today that Frank van de Water, Chief Financial Officer (CFO), will be retiring from the role of CFO as of August 1st, 2024 but will remain as an active member of the Board of Directors. Brian Crawford will assume the role of CFO.

Stephen Burega, President and CEO, stated, "On behalf of the Board of Directors and Romios' management team, I would like to thank Frank for his executive leadership and contributions since joining our management team in December 2015 as CFO, and as an ongoing member of the Board since July 2007. During Frank's tenure, we successfully completed numerous exploration programs and property acquisitions, and I would like to thank Frank for his guidance to management throughout his time with the Company, and to wish Frank all the best in his retirement."

Brian Crawford is graduate of the University of Toronto and a former partner with BDO Canada LLP, Brian co-founded and built several public companies currently listed on the TSXV and the CSE. Brian has extensive experience as CFO and as a director of private and public companies, and currently serves as CFO and Director of several public companies.

Burega continued, "I am pleased to welcome Brian into his new role as CFO. Brian has extensive experience as a financial executive and we are fortunate to have Brian joining the Romios team."

Brian's role as CFO is subject to regulatory approval.

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 the Kinkaid claims in Nevada covering numerous Au-Ag-Cu workings, and two former producers: the Scossa mine property (Nevada) which is a former high-grade gold producer and the La Corne molybdenum mine property (Quebec). 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, visit www.romios.com

As part of our ongoing effort to keep investors, interested parties and stakeholders updated, we have several communication portals. If you have any questions online (Twitter, Facebook, LinkedIn) please feel free to send direct messages.

To book a one-on-one 30-minute Zoom video call, please click here.

For further information, please contact:

Stephen Burega, CEO & President - 647-515-3734 or sburega@romios.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218503

FAQ

When is Frank van de Water retiring as CFO of Romios Gold Resources (RMIOF)?

Frank van de Water is retiring as CFO of Romios Gold Resources (RMIOF) on August 1, 2024.

Who is replacing Frank van de Water as CFO of Romios Gold Resources (RMIOF)?

Brian Crawford will be assuming the role of CFO at Romios Gold Resources (RMIOF), subject to regulatory approval.

What is Brian Crawford's background as the new CFO of Romios Gold Resources (RMIOF)?

Brian Crawford is a University of Toronto graduate, former partner with BDO Canada LLP, and has extensive experience as CFO and director of private and public companies.

Will Frank van de Water remain with Romios Gold Resources (RMIOF) after retiring as CFO?

Yes, Frank van de Water will remain as an active member of the Board of Directors of Romios Gold Resources (RMIOF) after retiring as CFO.
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