Royal Road Minerals Limited
TSX VENTURE : RYR

Royal Road Minerals Limited

April 20, 2015 08:42 ET

Royal Road Minerals Limited Announces Commencement of Trading

TORONTO, ONTARIO--(Marketwired - April 20, 2015) - (TSX VENTURE:RYR) - Further to its press release dated April 15, 2015, Royal Road Minerals Limited (formerly Tigris Resources Limited) (the "Company"), is pleased to announce that its ordinary shares have been approved for listing on the TSX Venture Exchange, and will commence trading on April 20, 2015 under the ticker RYR.

The information in this news release was compiled, reviewed and verified by Dr. Tim Coughlin, BSc (Geology), MSc (Exploration and Mining), PhD (Structural Geology), FAusIMM, President and CEO of Royal Road Minerals Ltd and a qualified person as defined by National Instrument 43-101

Cautionary statement:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Royal Road Minerals:

Royal Road is a gold and copper focused exploration and development company. The company has projects in Western and Southeast Turkey. In the West the company is advancing gold and copper projects under an earn-in agreement whereas in the East it is conducting early-stage exploration in a remote, under-explored and highly prospective gold and copper mineralized magmatic belt. Royal Road Minerals has an experienced management team with a proven track record in discovery, resource development and company building. The company understands the importance of gaining and maintaining a social and environmental license to operate and is committed to advancing projects as quickly as possible with strong local partnerships/alliances. Royal Road Minerals employees are instructed to follow standard operating and quality assurance procedures intended to ensure that all sampling techniques and sample results meet international reporting standards. All assay work for released results are carried out by ALS-Chemex analytical laboratory in Izmir, Turkey. More information can be found on Royal Roads web site at www.royalroadminerals.com

About the Oremine Joint Venture:

Royal Road Minerals has executed an Option Agreement (the Agreement) dated 25th of September 2014 which permits the Company to earn 50% of Oremine's Gömeç, Uğur Tepe and Ispir properties by spending a total of USD$4M on any or all of the properties by December 31, 2016. More information can be found on Royal Road Minerals web site at www.royalroadminerals.com

Caution regarding forward-looking information:

This news release may contain certain information that constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include statements regarding the Company's intended planned CEO succession. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, mine site planning and development, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, permitting and licensing and other factors described above and in the Company's most recent annual information form under the heading "Risk Factors", which has been filed electronically by means of the Canadian Securities Administrators' website located at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Contact Information

  • Royal Road Minerals Limited
    Donna Pugsley, Investor Relations Manager
    +44 (0)1534 887166
    +44 (0)7797 742800
    info@royalroadminerals.com