October 13, 2015 – Toronto, Ontario
Royal Road Minerals Limited (TSXV:RYR) (“Royal Road Minerals” or the “Company”), a gold and copper focused mineral exploration and development company, is pleased to announce that Mr. Donald R. Njegovan has been appointed to the Company’s Board of Directors.
Mr. Njegovan has a Bachelor of Science, Mining Engineering and a Bachelor of Arts, Political Science. He has over 20 years of experience in mining, construction, engineering, management and finance. From 2010 to 2014, Mr. Njegovan was Managing Director Global Investment Banking – Mining for Scotiabank in Toronto. Prior to that, he worked as Manager for Investment Banking at Toll Cross Securities in Toronto and for Liberty Mutual Group in New York as Senior Consultant – National Market Loss Prevention, Mining & Tunnelling. Mr. Njegovan currently serves as a director of St Andrew Goldfields Ltd. and is an independent mining consultant based in Toronto.
Commenting on Mr. Njegovan's appointment as a director, Peter Mullens, Chairman of the Board of Directors of the Company, stated “We are delighted to welcome Don to the Board at a very exciting time. Don’s perspective, extensive leadership experience in the capital markets and knowledge of Colombia will be extremely valuable as the Company focuses on its planned exploration work at the La Golondrina project and its evaluation of other potential opportunities in Colombia, and as the Company pursues its broader financing and growth objectives”.
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