Toronto, Ontario--(Newsfile Corp. - March 15, 2017) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company") and Caza Gold Corp. ("Caza") announce 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 the remaining Caza common shares not deposited under the Offer pursuant to the compulsory acquisition 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.