Dr. Tim Coughlin reports

ROYAL ROAD MINERALS ANNOUNCES ACQUISITION OF MINORITY INTEREST IN COLOMBIAN SUBSIDIARY MINERALES CAMINO REAL S.A.S

Royal Road Minerals Ltd. has acquired the remaining 2-per-cent minority equity interest in Minerales Camino Real SAS (RRM Colombia), resulting in RRM Colombia becoming a wholly owned subsidiary of the company. RRM Colombia is a Colombian corporation, through which the company holds various mineral exploration interests and carries on its operations in Colombia. Under the terms of the acquisition, the company issued 1.2 million ordinary shares as consideration for the minority equity interest. The securities issued upon closing of the acquisition are subject to a four-month-and-one-day hold period, pursuant to applicable securities laws.

The acquisition was approved by the company's shareholders at the company's annual and special meeting of its shareholders held on Aug. 15, 2019.

We seek Safe Harbor.