Royal Road Minerals is pleased to announce that, through its wholly owned Nicaraguan subsidiary, Nicaza S.A., it has entered into a collaborative agreement with Nicaraguan environmental Non-Governmental Organization, the Centro de Entendimiento con la Naturaleza. The CEN is one of Nicaragua's largest and most well-regarded Non-Governmental Organizations that, throughout its 33-year history, has conducted collaborative [...]
Royal Road Minerals Ltd. reports on drilling results from its recently completed 9-hole reverse-circulation drilling program at its Piedra Imán copper-gold project in northeastern Nicaragua . The Piedra Imán concession area is located in Chinandega District, 200km northwest of Managua via the Pan American Highway. The project forms part of the Company's 50-50 strategic alliance with local partner Hemco, a [...]
Royal Road Minerals is pleased to announce that it has closed its two previously announced financing transactions, pursuant to which the Company issued an aggregate of 33,620,487 ordinary shares of the Company at a price of C$0.16 per Ordinary Share for aggregate gross proceeds of C$5,379,278. The Company also announces that it has purchased an additional 5% of the equity of Minerales Camino Real S.A.S. , increasing its [...]
Royal Road Minerals is pleased to announce that it has entered into a subscription agreement dated January 23, 2018 with Barrick Gold in connection with a proposed offering by way of private placement of ordinary shares in the capital of the Company. Under the terms of the Subscription Agreement, Barrick has agreed to purchase from the Company an aggregate of 9,875,876 Ordinary Shares at a purchase price of C$0.16 per [...]
Royal Road Minerals is pleased to announce that, as anticipated in its binding framework agreement, it has now entered into a final definitive agreement with ECOMUN in support of its gold and copper exploration projects in Nariño Province and by mutual agreement, elsewhere in Colombia. In connection with the foregoing, the Company is also pleased to announce the appointment of Jenny Arias to the Board of Directors [...]
Royal Road Minerals is pleased to announce that the Territorial Delegation of the Department of Chinandega, a division of the Ministry for Environment and Natural Resources in Nicaragua, has issued the Company with an environmental permit which allows the Company to conduct further exploration activities, including drill-testing at its Piedra Imán copper-gold project in northeastern Nicaragua. The Piedra [...]
Royal Road Minerals is pleased to announce the appointment of Oscar Sepulveda to the position of Vice President Exploration and Jenny Arias to the position of Vice President Responsible Development. The Company also announces that it has granted incentive stock options to purchase an aggregate of 1,900,000 ordinary shares of the Company to the new board and senior appointees pursuant to the Company's stock option plan [...]
Royal Road Minerals is pleased to announce that it has entered into a binding framework agreement with Economías Sociales del Común in support of its gold and copper exploration projects in the Nariño Province in southern Colombia. Royal Road has submitted application for in excess of 400,000 hectares of Concession Contracts covering what management believe is highly prospective geology for both gold [...]
Royal Road Minerals is pleased to announce that it has executed a strategic alliance agreement with Hemco, forming a strategic alliance for mineral exploration in Nicaragua. The objective of the Alliance is to identify and explore gold and copper targets in Nicaragua in the areas covered by Royal Road's and Hemco's respective specified existing licenses, which together cover large regions of highly prospective and [...]
Royal Road Minerals is pleased to announce that it has executed a strategic alliance agreement with Hemco, forming a strategic alliance for mineral exploration in Nicaragua. The objective of the Alliance is to identify and explore gold and copper targets in Nicaragua in the areas covered by Royal Road's and Hemco's respective specified existing licenses, which together cover large regions of highly prospective and [...]
Royal Road Minerals announces the appointment of Jonathan Victor Hill to the Company's Board of Directors. Mr. Hill is a geologist and accomplished mining industry professional with over 30 years of global exploration, mining operational and project development experience. He is the founder and President of Exploration Outcomes Ltd., a geological consultancy, and in July 2017, he was appointed to his current role as [...]
Royal Road Minerals announces that it has completed an internal reorganization to facilitate the disposal of non-operational assets in Mexico and streamline its corporate structure. Through this reorganization, ownership of Royal Road Minerals' key operating subsidiary in Nicaragua was transferred by Caza Gold to Royal Road Minerals, and its non-operational assets in Mexico were disposed of through the sale of an [...]
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