Royal ROAD Minerals Acquires 90% of Caza GOLD and Announces Expiry of Offer and Extension Period FOR Deposits
NEWS RELEASE
ROYAL ROAD MINERALS ACQUIRES 90% OF CAZA GOLD AND ANNOUNCES EXPIRY OF OFFER
AND EXTENSION PERIOD FOR DEPOSITS
March 15, 2017 – Toronto, Ontario: Royal Road Minera ls Limited (TSXV:RYR) (“ Royal Road Minerals” or
the “Company”) and Caza Gold Corp. (“Caza”) announ ce that Royal Road Minerals has taken up a total
of 137,822,549 common shares of Caza deposited under its offer (the “Offer”) dated January 20, 2017
made to Caza shareholders, representing over 90% of Caza’s issued and outstanding common shares.
The Offer, which initially expired on February 27, 2017 and was subsequently extended until 11:59 p.m.
(Pacific Time) on March 13, 2017, has now expired and will not be further extended.
Royal Road Minerals intends to acquire all of th e remaining Caza common shares not deposited under
the Offer pursuant to the compulsory acqui sition provisions in Section 300 of the Business Corporations
Act (British Columbia). Royal Road Minerals expects to mail a notice of compulsory acquisition to all
remaining holders of Common Shares shortly. Royal Road Minerals further intends to cause the Caza
common shares to be de-listed from the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (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, “forwa rd-looking statements”) and
includes statements relating to the Offer and those descri bing 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 c ause the actual results, performance or achievements of
the Company and Caza, or developments in the Company’s and Caza’s business or in the mineral resources industry,
or with respect to the Offer, to differ materially from the anticipated results, performance, achievements or
developments expressed or implied by such forward-look ing 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 ac tion, 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. Fo rward-looking statements of the Company contained in
this news release, which may prove to be incorrect, include, but are not lim ited to, the various assumptions set
forth herein and in the Company’s take-over bid circular prepared and filed in accordance with applicable securities
laws in Canada as well as the ability of the Company to effect a compulsory acquisition and to de-list the Caza
shares from the TSX Venture Exchange.
The Company cautions you not to place undue reliance up on 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 Offer and the
Company’s and Caza’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 and Caza’s filings
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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 information provided to the Company by Caza, and, except as required by law, the
Company and Caza do not undertake any obligation to update forward-looking statements should assumptions
related to these plans, estimates, projections, beliefs and opinions change. Nothing in this news release should be
construed as either an offer to sell or a solicitation to buy or sell the Company’s securities.
For further information please contact:
Dr. Timothy Coughlin
President and Chief Executive Officer
USA-Canada toll free 1800 6389205
+44 (0)1534 887166
+44 (0)7797 742800