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Romarco Minerals Inc.

10:03 AM EST - Romarco Minerals Inc. : announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and BMO Capital Markets, under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 70,000,000 common shares at an issue price of $1.15 per common share for gross proceeds of $80,500,000. Romarco Minerals Inc. shares T.R are trading down $0.04 at $1.16.