Royal Roads receives security from Acadian Mining Corporation

Royal Roads Corp. announced that it has filed on SEDAR its financial statements and management discussion analysis for the nine months ended September 30, 2008. The financial statements reflect that the inter-company advances between Royal Roads and Acadian Mining Corporation (“Acadian”) (ADA-TSX) and a wholly-owned subsidiary of Acadian have fluctuated during the year and stood at an amount due to Royal Roads of $2,292,460 at November 28, 2008. On November 28, 2008, the parties entered into formal documentation with respect to the loan and, to secure the loan, Royal Roads was granted a first, fixed and floating charge on all of the assets of Acadian and of its wholly-owned subsidiaries, ScoZinc Limited and Annapolis Properties Corp. The loan bear interests at 10% per annum, payable quarterly, and is due on November 30, 2009.

Royal Roads is a resource company based in Halifax, Nova Scotia, Canada and is focused on exploring and developing base metal properties in the famous Buchans and Victoria Lake mining camps in central Newfoundland and Labrador, Canada, where Royal Roads controls property totaling 33,700 hectares, including the historic Buchans mines, the Lundberg deposit in the Buchans camp and the Daniels Pond deposit in the Victoria Lake camp. The Company also controls several exploration properties outside of the Buchans camp, including several under joint venture to Prominex Resource Corp. (PXR – TSX-V) and Playfair Mining Ltd. (PLY – TSX-V), which are being actively explored. Royal Roads is 29.18% controlled by Acadian Mining Corporation, a Halifax based resource company developing gold and base metal properties, including the Scotia Mine (lead and zinc) in Nova Scotia.