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NEW MINING FORMALIZATION

Apr 29

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Mining Formalization Agreements

LA CANDELARIA AND SAN MIGUEL GOLD MINES IN NARIÑO

Currently Royal Road has entered into four mining formalization agreements in Nariño

The La Candelaria and San Miguel mines are located within concession contract HH2-12001X (“the Concession”), held by AngloGold Ashanti (AGA), pending assignment to ENC pursuant to a Stock Purchase Agreement dated March 4, 2019

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