Announcement • Jul 29
Royal Road Minerals Limited announced that it has received CAD 7.305 million in funding from Rio2 Limited On July 28, 2026, Royal Road Minerals Limited closed the transaction. The company issued 36,525,000 ordinary shares at an issue price of CAD 0.20 for gross proceeds of CAD 7,305,000. In connection with the Offering, the Company paid the Agents aggregate cash fees of CAD 355,300, consisting of a commission of CAD 313,800 and a corporate finance fee of CAD 41,500. The Offering is subject to final approval by the TSX Venture Exchange. Insiders of the Company subscribed for an aggregate of 10,250,000 Shares. The Offering was anchored by continued support from the Company's existing institutional and long-term shareholders Announcement • Jul 09
Royal Road Minerals Limited announced that it expects to receive CAD 10 million in funding from Rio2 Limited Royal Road Minerals Ltd. announced has entered into an agreement with SCP Resource Finance LP and Raymond James Ltd. as co-lead agents and co-bookrunners, on behalf of themselves and a syndicate of agents including Stifel Nicolaus Canada Inc., in connection with a commercially reasonable effort private placement offering of up to 50,000,000 ordinary shares at an issue price of CAD 0.20 per share for gross proceeds of CAD 10,000,000 on July 8, 2026. It is anticipated that Rio2 Ltd. will participate in the offering to maintain its 15% position. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions), the shares will be offered for sale to purchasers resident in each of the provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). As the offering is being completed pursuant to the listed issuer financing exemption, the shares issued pursuant to the offering will not be subject to a statutory hold period pursuant to applicable Canadian securities laws. The shares may also be offered in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to exemptions from the registration requirements of the U.S. Securities Act of 1933, as amended, and in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. The offering is expected to close on or about July 28, 2026, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the acceptance of the TSX Venture Exchange. A cash commission equal to 6% on the gross proceeds of the offering shall be paid to the agents, subject to a reduction to purchasers on the president's list, the policies of the TSX Venture Exchange and applicable securities laws. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$66.3m market cap, or US$48.0m). 
