Royal Roads advised that Acadian Mining Corporation intends to sell its
29.18% interest in Royal Roads
Trading Symbol: RRO:TSX-V Shares Outstanding: 112,127,290
HALIFAX, April 21 /CNW/ - Royal Roads Corporation (TSX-V: RRO) ("Royal Roads" or the "Corporation") announced today that it has been advised by Acadian Mining Corporation ("Acadian") that Acadian has entered into an agreement with a number of parties for the sale of Acadian's 29.18% interest in the Corporation. Acadian has also advised that the sale is expected to close before the end of April.
About Royal Roads -----------------
Royal Roads is a Canadian based junior exploration company primarily focused on exploring and developing mineral properties in Newfoundland Canada, including its flagship project located within the historic Buchans mining camp. For additional information on Royal Roads' properties and activities, please visit www.royalroadscorp.ca.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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For further information: Mr Paul Smith, (902) 444-3637; www.royalroadscorp.ca
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