Romios Announces Shareholder Approval of Name Change to Oreterra Metals Corp. and Share Consolidation

Executive Summary

• Shareholders approved a proposed name change to Oreterra Metals Corp. and authorized a share‑capital consolidation of up to 10 pre‑consolidation shares for 1 post‑consolidation share at the Annual General and Special Meeting held on January 16, 2026.
• The company announced it is pricing a post‑consolidation private placement financing, with further details to be disclosed soon pending regulatory approvals (TSX Venture Exchange).
• These actions are part of an ongoing restructuring aimed at improving market appeal and raising capital for the initial drilling phase at the Trek South prospect.

Key Details

• All matters voted on at the AGM were overwhelmingly endorsed by shareholders, including:
• Proposed name change to Oreterra Metals Corp.
• Authorization of a share‑capital consolidation (up to 10 old shares → 1 new share).
• The company is in the process of pricing a post‑consolidation private placement financing; specific terms (price per unit, gross proceeds, warrant features, etc.) will be announced in the near future.
• Completion of the financing and consolidation is subject to required regulatory approvals, including TSX Venture Exchange consent.
• The restructuring aims to enhance market appeal and secure capital needed for initial drilling at the Trek South prospect, which has been highlighted by extensive geoscientific work since 2021.
• Additional property holdings mentioned (Kinkaid claims, Scossa mine, Lundmark‑Akow Lake) provide context but no new operational updates were disclosed.

Notable Quotes

(No direct quotes were included in the release.)