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Royal Road Minerals Ltd
Symbol RYR
Shares Issued 294,718,324
Close 2026-08-28 C$ 0.215
Market Cap C$ 63,364,440
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Royal Road arranges $1-million private placement

2026-08-31 15:59 ET - News Release

Mr. Ben Butlin reports

ROYAL ROAD MINERALS ANNOUNCES PRIVATE PLACEMENT

Royal Road Minerals Ltd. has arranged a non-brokered private placement offering, with an existing institutional shareholder, of five million ordinary shares of the company at a price of 20 cents per share for gross proceeds of $1-million.

The offering is being completed on the same terms as the brokered private placement financing completed by the company on July 28, 2026. As a result of additional investor demand, the company has determined to proceed with the offering to allow for the existing institutional shareholder to participate.

Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. Gross proceeds of the offering will be used to expand drilling programs across Royal Road's properties in Colombia and for general and working capital purposes.

About Royal Road Minerals Ltd.

Royal Road Minerals is a mineral exploration and development company with its head office and technical-operations centre located in Jersey, Channel Islands. The company is listed on the TSX Venture Exchange under the ticker RYR, on the OTCQB under the ticker RRDMF and on the Frankfurt Stock Exchange under the ticker RLU. The company's mission is to apply expert skills and innovative technologies to the process of discovering and developing copper and gold deposits of a scale large enough to benefit future generations and modern enough to ensure minimum impact on the environment and no net loss of biodiversity. The company currently explores in Colombia and the Kingdom of Saudi Arabia.

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