Trading Symbol: RRO - TSX-V
Shares Outstanding: 112,127,490
HALIFAX, Nov. 10 /CNW/ - Royal Roads Corp. (RRO - TSX-V) ("Royal Roads") is pleased to announce the appointment of Mr. Joseph Gutnick to its board of directors and as Executive Chairman of the board. Mr. Gutnick is Executive Chairman of Acadian Mining Corporation ("Acadian"), and President and CEO of Golden River Resources Corporation, Acadian's largest shareholder. The Company also announces that Mr. William (Bill) Rogers has resigned from the board of directors of Royal Roads effective November 9, 2009. The Board wishes to thank Mr. Rogers for his contributions to the Company.
Mr. Joseph Gutnick, a successful and well known mining industry entrepreneur, is also the President and CEO of Legend International Holdings Inc. Mr. Gutnick was responsible for overseeing the discovery of the Plutonic gold deposit, and the discovery, development and operation of the world class Bronzewing and Jundee gold mines in Australia. Mr. Gutnick is a Fellow of the Australasian Institute of Mining and Metallurgy, a Fellow of the Australian Institute of Management, a Member of the Institute of Company Directors in Australia, and was a Director of the World Gold Council. In 1997 Mr. Gutnick was awarded the prestigious Diggers award at the Diggers and Dealers Industry Awards in recognition of his considerable contribution to the Australian mining industry.
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