Royal Road Minerals Reports on Drilling Results from Its Piedra Iman Copper-Gold Project; Nicaragua
Toronto, Ontario--(Newsfile Corp. - March 1, 2018) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") reports on drilling results from its recently completed 9-hole reverse-circulation drilling program at its Piedra Imán copper-gold project in northeastern Nicaragua (see Table 1).The Piedra Imán concession area is located in Chinandega District, 200km northwest of Managua via the Pan American Highway. The project forms part of the Company's 50-50 strategic alliance with local partner Hemco, a subsidiary of Grupo Mineros...
2018-03-01 10:45 AM EST
Royal Road Minerals Closes Private Placement Financing Transactions
Toronto, Ontario--(Newsfile Corp. - February 15, 2018) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company"), a gold and copper focused mineral exploration and development company, is pleased to announce that it has closed its two previously announced financing transactions (collectively, the "Financing Transactions"), pursuant to which the Company issued an aggregate of 33,620,487 ordinary shares ("Ordinary Shares") of the Company at a price of C$0.16 per Ordinary Share for aggregate gross proceeds of C$5,379,278. The...
2018-02-15 1:00 PM EST
Royal Road Minerals Announces Strategic Investment by Barrick Gold Corporation and Concurrent Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - January 24, 2018) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company"), a gold and copper focused mineral exploration and development company, is pleased to announce that it has entered into a subscription agreement (the "Subscription Agreement") dated January 23, 2018 with Barrick Gold Corporation ("Barrick") in connection with a proposed offering by way of private placement (the "Financing") of ordinary shares ("Ordinary Shares") in the capital of the Company. Under the...
2018-01-24 8:00 AM EST
Royal Road Minerals Announces Execution of Definitive Agreement with Economias Sociales Del Comun (ECOMUN), Colombia
Toronto, Ontario--(Newsfile Corp. - December 18, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that, as anticipated in its binding framework agreement (see Press Release September 26, 2017), it has now entered into a final definitive agreement (the "Agreement") with ECOMUN in support of its gold and copper exploration projects in Nariño Province and by mutual agreement, elsewhere in Colombia. In connection with the foregoing, the Company is also pleased to...
2017-12-18 8:00 AM EST
Royal Road Minerals Receives Drilling Permit for Its Piedra Imán Copper-Gold Project; Nicaragua
Toronto, Ontario--(Newsfile Corp. - October 26, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that the Territorial Delegation of the Department of Chinandega, a division of the Ministry for Environment and Natural Resources ("MARENA") in Nicaragua, has issued the Company with an environmental permit (EP) which allows the Company to conduct further exploration activities, including drill-testing at its Piedra Imán copper-gold project in northeastern Nicaragua.The Piedra Imán concession area is located...
2017-10-26 7:00 AM EDT
Royal Road Announces New Appointments and Incentive Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - September 28, 2017) - Royal Road Minerals Limited (TSXV: RYR) (the "Company") is pleased to announce the appointment of Oscar Sepulveda to the position of Vice President Exploration and Jenny Arias to the position of Vice President Responsible Development. The Company also announces that it has granted incentive stock options to purchase an aggregate of 1,900,000 ordinary shares of the Company to the new board and senior appointees pursuant to the Company's stock option plan. The...
2017-09-28 8:03 AM EDT
Royal Road Minerals Announces Binding Framework Agreement for Its Exploration Projects in Narino, Colombia
Toronto, Ontario--(Newsfile Corp. - September 26, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that it has entered into a binding framework agreement (the "Agreement") with Economías Sociales del Común ("Ecomún") in support of its gold and copper exploration projects in the Nariño Province in southern Colombia.Royal Road has submitted application for in excess of 400,000 hectares of Concession Contracts covering what management believe is highly prospective geology for both gold...
2017-09-26 7:00 AM EDT
RETRANSMISSION: Royal Road Minerals Executes Strategic Alliance Agreement with Hemco Nicaragua S.A. for Exploration in Nicaragua
Toronto, Ontario--(Newsfile Corp. - September 6, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that it has executed a strategic alliance agreement with Hemco S.A. ("Hemco"), forming a strategic alliance (the "Alliance") for mineral exploration in Nicaragua. The objective of the Alliance is to identify and explore gold and copper targets in Nicaragua in the areas covered by Royal Road's and Hemco's respective specified existing licenses, which together cover large regions...
2017-09-06 9:43 AM EDT
Royal Road Minerals Executes Strategic Alliance Agreement with Hemco Nicaragua S.A. for Exploration in Nicaragua
Toronto, Ontario--(Newsfile Corp. - September 6, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce that it has executed a strategic alliance agreement with Hemco S.A. ("Hemco"), forming a strategic alliance (the "Alliance") for mineral exploration in Nicaragua. The objective of the Alliance is to identify and explore gold and copper targets in Nicaragua in the areas covered by Royal Road's and Hemco's respective specified existing licenses, which together cover large regions...
2017-09-06 7:30 AM EDT
Royal Road Minerals Announces Appointment of Director
Toronto, Ontario--(Newsfile Corp. - July 24, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company") announces the appointment of Jonathan Victor Hill to the Company's Board of Directors. Mr. Hill is a geologist and accomplished mining industry professional with over 30 years of global exploration, mining operational and project development experience. He is the founder and President of Exploration Outcomes Ltd., a geological consultancy, and in July 2017, he was appointed to his current role...
2017-07-24 8:00 AM EDT
Royal Road Minerals Announces Sale of Non-Operational Mexican Assets Through Spinoff of Shares of Caza Gold Corp.
Toronto, Ontario--(Newsfile Corp. - July 6, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals") announces that it has completed an internal reorganization to facilitate the disposal of non-operational assets in Mexico and streamline its corporate structure. Through this reorganization, ownership of Royal Road Minerals' key operating subsidiary in Nicaragua was transferred by Caza Gold Corp. ("Caza Gold") to Royal Road Minerals, and its non-operational assets in Mexico were disposed of through the sale of an aggregate of...
2017-07-06 10:55 AM EDT
Royal Road Minerals Announce Results of New Saw-Cut Channel Sampling from Its Piedra Iman Copper-Gold Project; Nicaragua
Toronto, Ontario--(Newsfile Corp. - June 21, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to announce results from saw-cut channel sampling at its 100% owned Piedra Imán copper-gold project in northwestern Nicaragua (results are presented in Table 1). To view an enhanced version of Table 1, please visit:http://orders.newsfilecorp.com/files/40
2017-06-21 7:30 AM EDT
Royal Road Minerals Announces Successful Completion of Compulsory Acquisition
Toronto, Ontario--(Newsfile Corp. - May 23, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals") and Caza Gold Corp. ("Caza") announce that Royal Road Minerals has completed its compulsory acquisition of all of the remaining outstanding common shares of Caza (the "Common Shares"), pursuant to the notice of compulsory acquisition made under Section 300 of the Business Corporations Act (British Columbia), and now owns 100% of the outstanding Common Shares. Neither the TSX Venture Exchange nor its Regulation...
2017-05-23 10:32 AM EDT
Royal Road Minerals Announces Non-Brokered Strategic Private Placement Financing
Toronto, Ontario--(Newsfile Corp. - April 20, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company"), a gold focused mineral exploration and development company, is pleased to announce that it has closed a non-brokered strategic private placement offering (the "Offering") with Polygon Mining Opportunity Master Fund ("Polygon") and the Company's Chairman, Mr. Peter Mullens. The Offering comprised of 7,500,000 units (each a "Unit") of the Company at a purchase price of C$0.10 per Unit for aggregate...
2017-04-20 4:15 PM EDT
Royal Road Minerals Provides an Exploration Update on the Los Andes Project, Nicaragua
Toronto, Ontario--(Newsfile Corp. - April 18, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to provide an exploration update from its Los Andes project in Nicaragua. The Los Andes project is located 90 km from Managua in the Department of Boaco, Nicaragua and is being acquired by Royal Road from Caza Gold Inc ("Caza Gold", see press release 15th March). Recent field reviews have confirmed what management believes is a compelling drill-ready porphyry...
2017-04-18 10:30 AM EDT
Royal Road Minerals Announces Resignation of Director
Toronto, Ontario--(Newsfile Corp. - March 17, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company") announces that Donald R. Njegovan has informed the Company that, due to other professional commitments, he is to regretfully resign from the Board of Directors.Dr Tim Coughlin, Royal Road Minerals President and CEO stated; "Don has been instrumental in positioning Royal Road for success. He has been an energetic and committed member of the Board and helped us push through...
2017-03-17 10:00 AM EDT
Royal Road Minerals Provides an Update of its Exploration Activities in Colombia and Details of the Caza Acquisition Projects in Nicaragua
Toronto, Ontario--(Newsfile Corp. - March 16, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") is pleased to provide an update of its exploration activities in Colombia and details of the Caza Gold acquisition projects (see press release, March 15, 2017) in Nicaragua. COLOMBIAWith positive developments and the new political landscape in Colombia, Royal Road is actively expanding its presence by making application for over 450,000 hectares of concession contracts in Nariño Province (See Fig. 1)...
2017-03-16 11:35 AM EDT
Royal Road Minerals Acquires 90% of Caza Gold and Announces Expiry of Offer and Extension Period for Deposits
Toronto, Ontario--(Newsfile Corp. - March 15, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company") and Caza Gold Corp. ("Caza") announce that Royal Road Minerals has taken up a total of 137,822,549 common shares of Caza deposited under its offer (the "Offer") dated January 20, 2017 made to Caza shareholders, representing over 90% of Caza's issued and outstanding common shares. The Offer, which initially expired on February 27, 2017 and was subsequently extended until 11:59...
2017-03-15 12:15 PM EDT
Royal Road Minerals Succeeds in Bid for Caza Gold
Toronto, Ontario--(Newsfile Corp. - February 28, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company") announces that it has been successful in its bid to acquire Caza Gold Corp. (TSXV: CZY) ("Caza") under its previously announced offer (the "Offer") made to Caza Gold's shareholders. A total of 134,886,372 common shares of Caza, representing approximately 90% of Caza's issued and outstanding common shares were deposited under the Offer (and not withdrawn) as at 11:59 p.m. (Pacific...
2017-02-28 6:26 PM EST
Royal Road Minerals Announces Appointment of Director, Management Change and Incentive Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - February 21, 2017) - Royal Road Minerals Limited (TSXV: RYR) (the "Company") a gold focused mineral exploration and development company, announces that it has appointed Daniel De Narvaez to the Board of Directors, that Iván Devía has moved to the position of Vice President Operations and that it has granted incentive stock options to purchase an aggregate of 4,360,000 ordinary shares of the Company to certain officers, employees and consultants of the Company pursuant to the...
2017-02-21 10:00 AM EST