Romarco Minerals Inc's Rising Share Price is the Top Gainer in this Week's Ubika Gold 50 Index Report

Toronto, Ontario--(Newsfile Corp. - November 11, 2013) - Ubika Research has released the weekly performance (week ending November 08, 2013) report for "The Ubika Gold 50," an index of fifty (50) high potential junior gold exploration companies. This week's top gainer was shares of Romarco Minerals Inc (TSX: R) (CSE: R), which powered more than 10% higher after the company announced a non-brokered private placement financing for aggregate gross proceeds of C$25.1 million.

To view all of the companies in the Ubika Gold 50 Index, their relative performance vis-à-vis TSX Venture Index, read the weekly performance report, follow breaking news about the Index constituents and CEO video interviews please visit: http://www.smallcappower.com/gold50.

The top Ubika Gold 50 gainers for the week ending November 08, 2013, include: Romarco Minerals Inc (TSX: R) (CSE: R), Belo Sun Mining Corp (TSX: BSX) (CSE: BSX), and Golden Star Resources Ltd (TSX: GSC) (CSE: GSC).

The Ubika Gold 50 Index comprises our top fifty (50) promising junior gold exploration companies. We use various proprietary criteria in selecting these companies including market capitalization, trading volume, exploration location, type and size of deposits and their exploration stage. To download your free report please visit: http://www.smallcappower.com/gold50.

Note: This week's Ubika Gold 50 Index includes only 48 companies. We removed Oromin Explorations Ltd. (TSX: OLE) since it was acquired by Teranga Gold Corporation (TSX: TGZ) (ASX: TGZ) and Rainy River Resources Ltd (TSX: RR) since it was acquired by New Gold Inc. (TSX: NGD). We will introduce replacing companies in next week's UG 50 and adjust the index by recalculating the index divisor.

About Ubika Research

Ubika Research is an investment research and capital market services firm based in Toronto with a proven track record of identifying and launching coverage of high potential small cap stocks (<$5 billion) at an early stage. For more information visit www.ubikaresearch.com.

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

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