Rome Resources Ltd. announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.20 per unit for the gross proceeds of CAD 2,000,000 on October 30, 2023. . Each unit is comprised of one common share and one share purchase warrant, where each warrant entitles the holder to purchase one additional common share at a price of CAD 0.25 per share for two years.

The securities issued pursuant to the offering will be subject to a four-month statutory hold period. The private placement is subject to acceptance for filing by the TSX Venture Exchange. One or more insiders of the company will participate in the offering.