Trading Symbol: RRO - TSX-V
Shares Outstanding: 112,127,490
HALIFAX, Aug. 18 /CNW/ - Royal Roads Corp. (RRO - TSX-V) ("Royal Roads")
is pleased to announce the appointment of Menachem Vorchheimer to its board of
directors. Mr. Vorchheimer is a director of Acadian Mining Corporation
("Acadian"), and is general manager - strategy and special projects, for
Golden River Resources Corporation ("GRR"), Acadian's largest shareholder. GRR
is a publically traded US company led by Joseph Gutnick, who has overseen some
of Australia's largest and most prestigious resource discoveries.
"I am very pleased with the addition of Mr. Vorchheimer to the board of
directors. Mr. Vorchheimer's experience in corporate structuring;
repositioning; M&A's; and grassroots projects both in Australia and North
America is a significant asset for the Company", said Will Felderhof,
President and Chief Executive Officer of Royal Roads.
Forward Looking Statements
Certain information contained herein may constitute forward-looking
statements within the meaning of applicable securities laws. Forward-looking
statements may include estimates, plans, expectations, opinions, forecasts,
projections, guidance or other statements that are not statements of fact.
Although Royal Roads believes that the expectations reflected in such
forward-looking statements are reasonable, they can give no assurance that
such expectations will prove to have been correct. Royal Roads cautions that
actual performance will be affected by a number of factors, many of which are
beyond its control, and that future events and results may vary substantially
from what it currently foresees. Royal Roads' forward-looking statements are
expressly qualified in their entirety by this cautionary statement.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Royal Roads Corp.: Will Felderhof, President &
CEO; David Felderhof, Vice-President, (902) 444-3637; www.royalroadscorp.ca