ROYAL STANDARD MINERALS, INC.
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WWW.ROYALSTANDARDMINERALS..COM
http://finance.yahoo.com/q?s=RYSMF.OB
ROYAL STANDARD MINERALS, INC. ANNOUNCES
PLANS FOR 2009-2010
Manhattan, Nevada-
June 1, 2009- Royal Standard Minerals Inc. (RYSMF:OTCBB) (C.U.S.I.P. 780919106) (?RSM?) announces its plans for 2009-2010 which
includes evaluating all options to maximize shareholder value. The plan
puts forth several initiatives that are expected to unlock the inherent value
of the existing assets that are 100% controlled by the Company in Nevada.
As stated previously in a recent press release, RSM will seek to develop a
capital structure that will finance the Company for future growth over the next
two years.
Additionally,
this plan includes advancing the Goldwedge property toward achieving the
potential that RSM believes this area contains. Management will pursue
additional advanced exploration extension drilling at the Fondaway
Canyon property and advance
this property?s state and federal development permits. RSM will pursue a
strategic partnership for its Pinon-Railroad project; also to maximize the
value of these assets in the near term.
Roland
Larsen, CEO, states, ?We believe that growth can be achieved with returns that
will contribute toward maximizing shareholder value in RSM in the near term.?
RSM
is a natural resource exploration and development company, www.royalstandardminerals.com
For
further information about this release contact Mr. Roland Larsen, (775)
487-2454 and/or Mr. Rich Kaiser, Investor Relations, 800-631-8127.
Contact:
Roland Larsen
804-580-8107
Rich Kaiser
800-631-8127