Royal Road Minerals Announces Issue of Stock Options

Rhea-AI Summary

Royal Road Minerals (TSXV: RYR, OTC: RRDMF) granted an aggregate 12,100,000 stock options to directors, officers, employees and consultants on August 10, 2026. The options are exercisable at $0.25 per share for three years and are subject to a four‑month hold period. Following this grant, 16,550,000 options are outstanding, representing approximately 5% of issued and outstanding shares.

Positive

• None.

Negative

• Outstanding options, including new grant, equal about 5% of issued and outstanding shares

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Toronto, Ontario--(Newsfile Corp. - August 10, 2026) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road" or the "Company") announces it has granted an aggregate 12,100,000 stock options to purchase ordinary shares (the "Shares") in the capital of the Company exercisable at a price of $0.25 per Share for a period of three (3) years from the date of grant, to certain directors, officers, employees and consultants of the Company. The Shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant. As of the date hereof there are 16,550,000 options outstanding, including the options granted August 10, 2026, represent approximately 5% of the issued and outstanding Shares.

Neither the 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.

Cautionary statement:

This news release contains certain statements that constitute forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, "forward-looking statements") describing the Company's future plans and the expectations of its management that a stated result or condition will occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or developments in the Company's business or in the mineral resources industry, to differ materially from the anticipated results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements include all disclosure regarding possible events, conditions or results of operations that is based on assumptions about, among other things, the Alliance, the intention to form a joint venture, enter into a related agreement and establish Newco and, more generally, future economic conditions and courses of action, and assumptions related to government approvals, and anticipated costs and expenditures. The words "plans", "prospective", "expect", "intend", "intends to" and similar expressions identify forward looking statements, which may also include, without limitation, any statement relating to future events, conditions or circumstances. Forward-looking statements of the Company contained in this news release, which may prove to be incorrect, include, but are not limited to the Company's exploration plans.

The Company cautions you not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. There is no guarantee that the anticipated benefits of the Company's business plans or operations will be achieved. The risks and uncertainties that may affect forward-looking statements include, among others: economic market conditions, anticipated costs and expenditures, government approvals, and other risks detailed from time to time in the Company's filings with Canadian provincial securities regulators or other applicable regulatory authorities. Forward-looking statements included herein are based on the current plans, estimates, projections, beliefs and opinions of the Company management and the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.

Contact

Jessica Martins
Royal Road Minerals Limited
info@royalroadminerals.com
+44 1534 887166

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308974

FAQ

What stock options did Royal Road Minerals (RRDMF) grant on August 10, 2026?

Royal Road Minerals granted 12,100,000 stock options on August 10, 2026. According to Royal Road Minerals, these options allow certain directors, officers, employees and consultants to purchase ordinary shares at $0.25 per share for three years from the grant date, subject to a hold period.

What is the exercise price and term of the new Royal Road Minerals (RRDMF) stock options?

The new Royal Road Minerals stock options have an exercise price of $0.25 per share and a three-year term. According to Royal Road Minerals, the options are exercisable for three years from the grant date of August 10, 2026, by eligible insiders and staff.

How many Royal Road Minerals (RRDMF) stock options are now outstanding after the August 2026 grant?

After the August 10, 2026 grant, Royal Road Minerals has 16,550,000 stock options outstanding. According to Royal Road Minerals, this total includes the newly granted 12,100,000 options and represents approximately 5% of the company’s issued and outstanding ordinary shares.

What percentage of Royal Road Minerals (RRDMF) shares do the outstanding options represent?

The outstanding stock options represent approximately 5% of Royal Road Minerals’ issued and outstanding shares. According to Royal Road Minerals, there are 16,550,000 options outstanding following the August 10, 2026 grant, which together equate to about five percent of current ordinary shares.

Is there a hold period on the new Royal Road Minerals (RRDMF) stock options?

Yes, the shares issuable on exercise of the new stock options are subject to a four-month hold period. According to Royal Road Minerals, this hold period is measured from the original grant date before the resulting shares can be freely traded in the market.

Who received the August 10, 2026 Royal Road Minerals (RRDMF) stock option grants?

The August 10, 2026 stock option grants went to certain directors, officers, employees and consultants of Royal Road Minerals. According to Royal Road Minerals, these grants cover a total of 12,100,000 options, all exercisable at $0.25 per share for three years.