Royal Standard Plans to Complete a $15 Million Secured Loan Facility

Royal Standard Minerals, Inc. (OTC:RYSMF) signs a term sheet and is currently working toward the completion of a loan agreement with a private investment firm.

The press release is quoted as saying:

Royal Standard Minerals is exploring and developing gold and polymetallic properties in key mineral districts of Nevada. Three of our properties-Goldwedge, Piñon and Fondaway Canyon-are advanced with established resources.

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