Royal Road Minerals Announces Appointment of Sarah Armstrong-Montoya to the Board of Directors, Establishment of Special Advisory Board, Issue of Stock Options

Core Viewpoint - Royal Road Minerals Limited has announced the appointment of Sarah Armstrong-Montoya to its Board of Directors, the establishment of a Special Advisory Board focused on safety, security, and sustainability, and the issuance of stock options to certain directors [2][4][5]. Group 1: Appointment and Board Changes - Sarah Armstrong-Montoya has been appointed to the Board of Directors, bringing extensive experience from her previous roles in various companies, including the Ivanhoe group [3][6]. - Current Directors Hugh Devlin and Guy Wallis will step down from the Board to join the newly established Special Advisory Board, which aims to enhance the company's operational rigor and sustainability initiatives [2][4]. Group 2: Company Initiatives and Commitments - Royal Road Minerals emphasizes its commitment to safety, security, and sustainability, which is integral to its long-term value and reputation as a responsible exploration and development company [4]. - The establishment of the Special Advisory Board is a strategic move to ensure independent oversight and experienced guidance in the company's operations and sustainability efforts [4][6]. Group 3: Stock Options Issuance - The company has granted a total of 1,250,000 stock options to purchase ordinary shares at a price of $0.15 per share, effective May 19, 2025, with a four-month hold period [5]. - The outstanding options, including those granted, represent approximately 6% of the issued and outstanding shares of the company [5].