Royal Standard Minerals Inc.
TSX VENTURE : RSM
OTC Bulletin Board : RYSMF

Royal Standard Minerals Inc.

April 10, 2006 10:09 ET

Royal Standard Minerals Inc.: Private Placement

MANHATTAN, NEVADA--(CCNMatthews - April 10, 2006) - ROYAL STANDARD MINERALS INC., (TSX VENTURE:RSM)(OTCBB:RYSMF) -

Royal Standard Minerals Inc. (the "Corporation") is pleased to announce an intended private placement of up to $11,000,000 of Units at $1.15 per Unit, each Unit consisting of one common share of the Corporation (a "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each Warrant is exercisable at $1.75 into one Common Share of the Corporation for two years, subject to earlier expiration under certain circumstances.

The offering is not brokered, however the Corporation reserves the right to pay a commission of up to 6% to registered dealers.

Royal Standard Minerals cautions that the statements made in this press release and other forward looking statements made on behalf of the Corporation may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Corporation.

Royal Standard shares are traded on the TSX Venture Exchange, symbol: RSM and the US OTCBB, symbol RYSMF

C.U.S.I.P. 780919 106

S.E.C. FILED: FORM 20F

LISTED: S&P AND MOODY'S

The TSX Venture Exchange does not accept responsibility for adequacy or accuracy of this press release.

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