BULLETIN V2024-0139
ROME RESOURCES LTD. ("RMR")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: January 12, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue up to 12,500,000 bonus shares in consideration of a $2,500,000 loan. The loan has a term of up to 24 months. Each warrant is exercisable into one common share at $0.25 for the earlier of the term of the loan or five years.
The Company must repay the loan, together with a fixed payment equal to 10% of the outstanding balance of the loan, which fixed payment will increase to 15% of the outstanding balance of the loan if the transaction between the Company and the lender terminates prior to April 15, 2024.
For additional details, please see the Company's news releases dated December 28, 2023, and January 12, 2024.
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