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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

Expected next investor conference call information:
Conference Call Date: 10/22/2009
Conference Call Time (ET): 10:00 AM
Conference Call URL: http://www.vcall.com/CoLocated.asp?ID=151115&source=wshorizon&urlID=150889&playerID=1

Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc., (Nasdaq: RODM) and Jesup & Lamont Securities Corp. acted as the placement agents for the transactions with international institutional investors. In addition several local and overseas investors participated.

The funds raised will be used as working capital aimed at growing gold production.

About Citigold Corporation Limited

Citigold Corporation Limited (ASX: CTO, NASDAQ Dubai: CTO, FSE: CHP) is an Australian gold mining company producing gold from Australia's richest goldfield at Charters Towers in north eastern Australia. The Company is an ASX/S&P 300 index company. For more information visit Citigold Corporation Limited on the Internet at www.citigold.com.

About Rodman & Renshaw

Rodman & Renshaw Capital Group, Inc. is a holding company with a number of direct and indirect subsidiaries, including Rodman & Renshaw, LLC.

Rodman & Renshaw (NASDAQ: RODM) is a full-service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. The company also provides research and sales and trading services to institutional investors. Rodman is the leader in the PIPE (private investment in public equity) and RD (registered direct offering) transaction markets. Rodman has been ranked the #1 Placement Agent in terms of the aggregate number of PIPE and RD financing transactions completed every year since 2005 and 2009 year-to-date as ranked by Sagient Research Systems. For more information visit Rodman & Renshaw on the Internet at www.rodm.com.

MEMBER FINRA, SIPC

SOURCE: Rodman & Renshaw Capital Group, Inc.

Rodman & Renshaw Investor Relations 
Grayling 
Mr. Christopher Chu, 1-646-284-9400 (ext. 426) 
Rodman@us.grayling.com