Trading Symbol: RRO - TSX-V
Shares Outstanding: 112,127,490
HALIFAX, Feb. 8 /CNW/ - Royal Roads Corp. (RRO-TSX-V) ("Royal Roads" or the "Corporation") announced that, effective February 5, 2010, Joseph Gutnick, President and CEO of Legend International Holdings, Inc. ("Legend") and Golden River Resources Corporation ("Golden River"), resigned as a director and as executive chairman of the Corporation. Mr. Gutnick advised the Corporation that his other business commitments prevent him from being able to devote sufficient time to the Corporation's affairs at this time. Peter Lee, Chief Financial Officer and Secretary of Legend, and Director, Chief Financial Officer and Secretary of Golden River, was appointed to the board to fill the vacancy created by Mr. Gutnick's resignation. Mr. Lee has over 25 years of experience in the accounting, company secretarial and commercial fields in both Australia and North America.
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. Acadian Mining Corporation (ADA-TSX) owns 29.18% of Royal Roads. 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.
SOURCE ROYAL ROADS CORP.
For further information: For further information: Royal Roads Corp.: Will Felderhof, President & CEO; David Felderhof, Vice-President, (902) 444-3637, Halifax, Nova Scotia; www.royalroadscorp.ca