Press Release

Royal Road Minerals Limited said it has closed its previously announced brokered private placement under the Listed Issuer Financing Exemption, following a July 8, 2026 release. The company issued 36,525,000 ordinary shares at $0.20 each for total gross proceeds of $7,305,000. The offering, handled on a “commercially reasonable efforts” basis, closed July 28, 2026, with SCP Resource Finance LP and Raymond James Limited as co-lead agents and co-bookrunners, and a syndicate including Stifel Nicolaus Canada Inc. Net proceeds will fund exploration across the Guintär-Alemán-Margaritas (GAM) district in Colombia, including an ongoing drill program, plus general corporate purposes. The shares were issued without a statutory hold period under NI 45-106 and offered in the U.S. via private placement exemptions. Agent fees totaled $355,300.