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Royal Standard exercises Kentucky coal project option

2011-12-12 17:39 ET - News Release

Ms. Kimberly Ann reports

ROYAL STANDARD ANNOUNCES EXERCISE OF OPTION

Royal Standard Minerals Inc. has exercised its option to acquire a 50-per-cent interest in certain coal projects in eastern Kentucky. The option was originally acquired by the company pursuant to an option and joint venture agreement entered into with Sharpe Resources Corp. on Nov. 21, 2008, and amended on Sept. 11, 2009, to pursue the exploration and development jointly of approximately 1,000 acres in Wolfe county, Kentucky.

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