Denver Gold Group > Member Company Profile > Romarco Minerals Inc.


Address

181 Bay Street, Suite 3630
Toronto, ON M4C 1N6
Canada


Value Drivers

  • New term, low cost producer with strong project economics
  • Located in a mining friendly jurisdiction with excellent infrastructure
  • Large gold resource with significant remaining exploration upside potential
  • All department heads in place for operations
  • Permits submitted and pending

Management

Chairman: Leendert Krol
CEO/President/MD:  Diane R. Garrett
CFO: Stanton K. Rideout
COO: James R. Arnold
Other Key Staff: Dan Symons, Vice President IR

IR Contact

Dan Symons
416-367-5500

www.romarco.com


Cautionary Information

© Copyright 2012, Denver Gold Group & Romarco Minerals Inc..

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

 

Romarco Minerals Inc.

Toronto Stock Exchange : R

Last Updated: April 5, 2012


Status: Developer
Primary Mineral: Gold
Secondary Mineral: Silver
Primary Country of Operation: United States

Romarco Minerals Inc. is a gold development company focused on production primarily in the US. The Company has completed a positive Feasibility study and is continuing exploration and permitting for its flagship project, the Haile Gold Mine in South Carolina. Recently, Romarco has added five new exploration targets to its project portfolio, three in South Carolina and two in North Carolina.


Annual Production
Gold, koz per year
GEOs: No 

Annual Proven & Probable Reserves
Gold, Moz per year
Mineral Authority: NI 43-101, GEOs: No 

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.


Top Shareholders

  • Blackrock Asset Management
  • Sun Valley
  • Franklin Templeton
  • Oppenheimer
  • Van Eck Global

Capital Structure

Common Shares Outstanding: 583,779,275
Float (%): 99
Warrants Outstanding: 0
Options Outstanding: 17,383,000
Fully Diluted Shares: 601,162,275

Stock as of April 24, 2012

  Local: CAD USD
Stock Price: 0.93 0.94
52-Week Range: 0.7700 - 2.1500 0.78 - 2.17
Market Cap: 543 MM 549 MM
Fully Diluted Market Cap: 559 MM 565 MM
1-Year Return: -50.79%