VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Remo Resources Inc. (the "Company") (TSX VENTURE: RER) is pleased to announce that it has closed its initial public offering of 4,000,000 common shares at a price of $0.20 per common share, for aggregate gross proceeds of $800,000 (the "IPO"). The Company will be expending the net proceeds of the IPO on its Adrian Property, as described in the Company-s prospectus dated October 10, 2012. The Company-s common shares
