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Royal Road Minerals Announces Closing of Private Placement

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Royal Road Minerals Announces Closing of Private Placement

 

 

 

 

 

Royal Road Minerals Limited (TSX-V: RYR) is pleased to announce that, further to its press release of August 31 2026, it has successfully completed its non-brokered private placement offering through the issuance of 5,000,000 ordinary shares of the Company at a price of C$0.20 per Share for gross proceeds of C$1,000,000.

 

The Offering was 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 determined to proceed with the Offering to allow for the existing institutional shareholder to participate.

 

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.

 

The Jersey Financial Services Commission has given, and has not withdrawn, its consent under Article 2 of the Control of Borrowing (Jersey) Order 1958 to the issue of Shares. It must be distinctly understood that, in giving this consent, neither the registrar of companies nor the Jersey Financial Services Commission takes any responsibility for the financial soundness of the Company or for the correctness of any statements made, or opinions expressed, with regard to it. The JFSC is protected by the Control of Borrowing (Jersey) Law 1947, as amended, against liability arising from the discharge of its functions under that law.

 

The securities issued pursuant to the Offering have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

 

About Royal Road Minerals:

 

Royal Road Minerals is a mineral exploration and development company with its head office and technical-operations center 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. More information can be found on the Company’s website www.royalroadminerals.com

 

Posted September 10, 2026

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