Royal Road Minerals today announces that it has filed amended certificates of the qualified person pursuant to Part 8 of National Instrument 43-101 - Standards of Disclosure for Mineral Projects in connection with the technical reports prepared for the Company by Luna Recursos Naturales and Mr. Nigel Chapman, B.Sc. HONS, M.AIG, dated and filed by the Company on June 5, 2020 and titled "NI 43-101 Technical Report for the [...]
Royal Road Minerals Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Stifel GMP, pursuant to which the Underwriters will purchase, on a bought deal basis, 27,150,000 ordinary shares of the Company at a price of C$0.37 per Shares for aggregate gross proceeds to the Company of C$10,045,500 . The Company has agreed to grant the Underwriters an over-allotment option to [...]
Royal Road Minerals Ltd. is pleased to announce initial interim drilling results from its current diamond drilling campaign at its Luna Roja gold project in northeastern Nicaragua. The Luna Roja project forms a part of the Company's Strategic-Alliance agreement with Hemco Mineros Nicaragua and is located in the highly prospective Golden Triangle of northeastern Nicaragua, a region that has produced some eight million [...]
Royal Road Minerals today announces that it intends to rely on the temporary blanket relief for market participants published on March 23, 2020 by the Canadian Securities Administrators which provides for a 45-day extension to file its interim financial statements and interim Quarterly Management Discussion and Analysis for the quarter ended March 31, 2020 . The Company is relying on the temporary exemption granted [...]
Royal Road Minerals Ltd. announces that Vernon Arseneau has resigned as Chief Operating Officer and director of the Company and that it has allocated employee stock options from its existing pool to local management teams in Colombia and Nicaragua. Travel disruption caused as a consequence of the COVID-19 Pandemic has forced the Company to review its operational structure and delegate responsibility to its local [...]
Royal Road Minerals Ltd. is pleased to announce results of recently completed ground magnetic and micro-gravity surveys from the Caribe gold discovery in northeastern Nicaragua. The Caribe project forms a part of the Company's Strategic-Alliance agreement with Hemco Mineros Nicaragua and is located in the highly prospective Golden Triangle of northeastern Nicaragua, approximately 16 kilometers to the southeast of the [...]
Royal Road Minerals Ltd. is pleased to announce that its 100% owned Colombian subsidiary, Exploraciones Northern Colombia SAS, has entered into formalization agreements and related earn-in option and royalty agreements with the proprietors of the La Candelaria and San Miguel informal gold mines located in the municipality of Los Andes-Sotomayor, Nariño district, Colombia. The La Candelaria and San Miguel mines are located [...]
Royal Road Minerals Ltd. intends to participate in the blanket relief program announced on March 18, 2020 by the Canadian Securities Administrators extending deadlines to file financial statements and Management Discussion and Analysis , the Company confirms that is relying on the relief therein in respect of its audited annual 2019 financial statements and the MD&A as a result of interruptions in the flow of information [...]
Royal Road Minerals Ltd. is pleased to announce that its 100% owned Colombian subsidiary, Exploraciones Northern Colombia SAS, has entered into a formalization agreement and a related earn-in option and royalty agreement with the proprietors of the La Esmeralda Gold Mine, an informal gold mine located in the municipality of Los Andes-Sotomayor, Nariño district. La Esmeralda is located within concession contract HH2-12001X [...]
Royal Road Minerals Ltd. announces that by way of Government Circular 4011 issued by the Colombian Ministry of Mines and Energy on April the 17th, it has been notified that mineral exploration work may now continue in Colombia, subject to the Company complying with certain national health authority guidelines pertaining to the management and mitigation of the COVID-19 pandemic. The Company has filed operating protocols [...]
Royal Road Minerals Ltd. is pleased to announce that it has entered into a definitive strategic alliance agreement with Mineros S.A. in relation to the Company's Guintar and Niverengo concessions and its Margaritas title application in Antioquia District, Colombia. The Agreement supersedes the previously announced letter of intent entered into by the Company and Mineros. Mineros is a Colombian public company engaged in [...]
Royal Road Minerals Ltd. announces that Daniel De Narvaez has resigned as a director of the Company. Mr De Narvaez informed the Company that it was necessary for him to step down from the Company's Board of Directors at this time in order to fulfill the increased demands of another professional commitment arising from recent related positive developments. Peter Mullens, Chairman of Royal Road Mineral, stated; "Daniel was [...]