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RYR.V ·

Royal ROAD Announces Option Grant

Share Capital & Compensation

NEWS RELEASE

ROYAL ROAD ANNOUNCES OPTION GRANT

April 6, 2022 – Toronto, Ontario: Royal Road Minerals Limited (TSXV:RYR) (the “Company”) announces

that it has granted an aggregate of 4,000,000 options to purchase common shares of the Company

exercisable at a price of $0.35 per common share for a period of two (2) years to directors, officers and

consultants of the Company. The common shares issuable upon exercise of the options are subject to a

four month hold period from the original date of grant.

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.

Quality Assurance and Quality Control:

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 achievemen ts 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, 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.

For further information please contact:

Dr. Timothy Coughlin

President and Chief Executive Officer

+44 (0)1534 887166

[email protected]

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