Trading Symbol: RRO - TSX-V |
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News Release No. 19-09 |
Shares Outstanding: 112,127,490 |
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November 25, 2009 |
ROYAL ROADS RECEIVES $2,622,178.98 IN FULL REPAYMENT OF TERM LOAN
Royal Roads Corp. (RRO-TSX-V) ("Royal Roads") announced today that the term loan to Acadian Mining Corporation (�Acadian Mining�) with an outstanding balance of $2,583,565.90 plus accrued interest of $38,613.08 due on November 28, 2009, has been repaid in full. Over the course of the loan period, Royal Roads was paid interest in the aggregate amount of $360,979.49. The loan was secured by the assets of Acadian Mining, which security will now be released.
About Royal Roads
Royal Roads is a resource company based in Halifax, Nova Scotia, Canada and is primarily focused on exploring and developing mineral properties in the famous historic Buchans mining camp, the Tulks North property and the Long Range joint venture property, all of which are located in central Newfoundland and Labrador, Canada. Acadian Mining Corporation (ADA-TSX) owns 29.18% of Royal Roads.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Royal Roads Corp. |
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Will Felderhof, President & CEO |
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David Felderhof, Vice-President |
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Ph: (902) 444-3637 |
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Halifax, Nova Scotia |
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www.royalroadscorp.ca |
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�Neither 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�.
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Buchans Minerals Corporation
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EXPLORATEUR |
CODE : BMC.V |
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CUSIP : 11801R108 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Buchan Minerals est une société d’exploration minière de zinc et de plomb basée au Canada. Buchan Minerals détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont GRANITE LAKE, LONG RANGE, BUCHANS, BURTONS POND, TULKS NORTH, TULKS HILL, DANIELS POND et LUNDBERG au Canada. Buchan Minerals est cotée au Canada. Sa capitalisation boursière aujourd'hui est 17,5 millions CA$ (16,0 millions US$, 11,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 2,90 CA$, et son plus bas niveau récent le 17 juillet 2013 à 0,02 CA$. Buchan Minerals possède 166 280 000 actions en circulation. |