Mr. Dan Symons reports

ROMARCO ANNOUNCES CLOSING OF C$25 MILLION NON-BROKERED PRIVATE PLACEMENT

Romarco Minerals Inc. has closed its previously announced non-brokered private placement financing of 71,678,599 common shares of the company at a price of 35 cents per offered share for aggregate gross proceeds of $25,087,509.65.

The offered shares will be subject to a four-month-plus-one-day hold period. The proceeds from the private placement will be used to finance the advancement of Romarco's Haile gold mine including financing permitting activities, equipment payments and general corporate purposes.