Toronto, Ontario--(Newsfile Corp. - June 20, 2016) - Royal Road Minerals Limited (TSXV: RYR) (the "Company") a gold focused
mineral exploration and development company, announces that it has granted incentive stock options to purchase an aggregate of
2,500,000 ordinary shares of the Company to certain officers, employees and consultants of the Company pursuant to the Company's
stock option plan. The options are exercisable until June 20, 2018 at a price of $0.15 per share and shall vest as to 30% of the
options, 60 days from the grant date; as to a further 30% of the options, 90 days from the grant date; and as to the remainder of
the options, 120 days from the grant date.
Neither the 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.
Cautionary statement:
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 Offering and the use of
proceeds therefrom. 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 hiring
and retention of directors and officers, 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.
For further information please contact:
Dr. Tim Coughlin
President and Chief Executive Officer
USA-Canada toll free 1800 6389205
+44 (0)1534 887166
+44 (0)7797 742800
info@royalroadminerals.com
