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Romios to Commence Trading Post Consolidation as Oreterra Metals Corp. Under Ticker OTMC on Monday, February 2, 2026

by admin January 29, 2026
January 29, 2026
Romios to Commence Trading Post Consolidation as Oreterra Metals Corp. Under Ticker OTMC on Monday, February 2, 2026

Romios Gold Resources Inc. (TSXV: RG,OTC:RMIOF) (OTCID: RMIOF) (FSE: D4R) (‘Romios’ or the ‘Company’) is pleased to announce that, pursuant to special resolutions passed by shareholders on January 16, 2026, and the approval of the TSX Venture Exchange, the Company has consolidated its capital on a ten (10) old for one (1) new basis and changed its name to Oreterra Metals Corp. Effective at the open on Monday, February 2, 2026, the common shares of Oreterra Metals Corp. will commence trading on the TSX Venture Exchange on a consolidated basis under the symbol ‘OTMC’. A new corporate website is accessible effective immediately at www.oreterrametals.com.

Prior to giving effect to the consolidation, the Company had 328,059,969 pre-consolidation shares issued and outstanding, in addition to 39,956,667 warrants and 8.700,000 options outstanding. Following the consolidation, the Company has approximately 32,805,996 post-consolidation shares issued and outstanding. In addition there are 3,995,666 warrants exercisable at $0.50 until between August 15, 2028 and December 27, 2029 (which later expiry date is subject to acceleration) and 870,000 options exercisable at between $0.50 and $0.80 until between April 19, 2026 and September 2, 2027.

No fractional common shares will be issued further to the consolidation. In the event a holder of common shares would otherwise be entitled to receive a fractional common share in connection with the consolidation, the number of common shares to be received by such shareholder will be rounded down to the next whole number and no cash consideration will be paid in respect of fractional shares.

The new CUSIP for the Company’s post-consolidated common shares is 68616A100. A letter of transmittal will be mailed to registered shareholders on January 30, 2026 providing instructions with respect to surrendering share certificates representing pre-consolidation shares in exchange for post-consolidation shares issued as a result of the consolidation. Until surrendered, each certificate representing pre-consolidation shares will be deemed to represent the number of post-consolidation shares the holder will receive as a result of the consolidation. Shareholders who hold their shares in brokerage accounts or in book-entry form are not required to take any action.

About Oreterra Metals Corp.

The commencement of trading as Oreterra Metals Corp. under the new ticker OTMC represents the successful culmination of a months-long effort to restructure the Company. Management took on the task because it believes the Company’s wholly-owned Trek South porphyry copper-gold prospect represents, based upon the high-order, complementary results of the spectrum of geosciences applied to the target area to date, among the finest new targets of its kind in BC’s Golden Triangle. The Company recently released (news, January 22, 2026) a National Instrument 43-101 Technical Report for the Trek property which recommends two initial phases of drilling at Trek South, for targeted execution in the approaching 2026 field season. A copy of the Technical Report is available on the Company’s website at www.oreterrametals.com, and on the Company’s SEDAR+ issuer profile at www.sedarplus.ca.

Additional wholly-owned Company property interests include two former producers in Nevada: the Kinkaid claims in the Walker Lane trend covering numerous shallow Au-Ag-Cu workings over what is believed to be one or more porphyry centres (source: J.Biczok, P.Geo, June 2025, Kinkaid Gold-Copper-Silver Project, www.romios.com), and the Scossa mine property in the Sleeper trend which is a former high-grade gold producer (source: J.Biczok, P.Geo, July 2025, Scossa Historic Gold Mine Property, www.romios.com). The Company also holds a 100% interest in the large Lundmark-Akow Lake Au-Cu property adjacent to the northwest of the Musselwhite Mine in northwestern Ontario, where drilling by the Company has produced highly encouraging, broad VMS-style Au-Cu intersections.

For further information, visit www.romios.com or contact:

Kevin M. Keough 
Chief Executive Officer 
Tel: 613 622-1916 
Email: kkeough@romios.com 
Stephen Burega
President
Tel: 647 515-3734
Email: sburega@romios.com

 

Neither the 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.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain ‘forward-looking statements’ which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as ‘believes’, ‘anticipates’, ‘expects’, ‘estimates’, ‘may’, ‘could’, ‘would’, ‘will’, or ‘plan’. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282014

News Provided by TMX Newsfile via QuoteMedia

This post appeared first on investingnews.com

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