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Other

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

By The Northwire Desk — AI Analysis Jan 29, 2026 · 07:31 RG · 0.05 Romios Gold Resources Inc.
RG · Price

Executive Summary

  • Romios Gold Resources Inc. has completed a 10‑for‑1 reverse share consolidation and changed its name to Oreterra Metals Corp., with the new ticker “OTMC” effective February 2, 2026.
  • Post‑consolidation share count is approximately 32.8 million common shares (down from ~328 million pre‑consolidation), with adjusted warrant and option pools.
  • No cash will be paid for fractional shares; holders of book‑entry or brokerage‑held shares need take no action, while a transmittal letter will be mailed to certificate holders on January 30, 2026.

Key Details

  • Reverse Split Ratio: 10 old common shares = 1 new share.
  • Pre‑consolidation Capital Structure: 328,059,969 common shares, 39,956,667 warrants, 8,700,000 options.
  • Post‑consolidation Capital Structure: ~32,805,996 common shares outstanding; 3,995,666 warrants (exercisable at $0.50, expiring Aug 15 2028 – Dec 27 2029, subject to acceleration) and 870,000 options (exercisable $0.50‑$0.80, expiring Apr 19 2026 – Sep 2 2027).
  • Fractional Shares: Rounded down; no cash consideration for fractions.
  • CUSIP: New CUSIP for consolidated shares is 68616A100.
  • Trading Commencement: OTMC begins trading on the TSX Venture Exchange at market open on Monday, February 2, 2026.
  • Shareholder Communication: Letter of transmittal mailed Jan 30, 2026 with instructions for surrendering pre‑consolidation certificates; brokerage/book‑entry holders require no action.
  • Corporate Website: Updated immediately to www.oreterrametals.com.
  • Management Commentary: The restructuring supports focus on the wholly‑owned Trek South porphyry copper‑gold prospect in BC’s Golden Triangle and other assets (Kinkaid claims, Scossa mine, Lundmark‑Akow Lake VMS‑style Au‑Cu property).

Notable Quotes

  • “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.” – Kevin M. Keough, CEO

Forward‑looking statements are included in the release; see the cautionary statement for details.

Read the original news release →

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