Star Metro - Maria Noel Marrelli and Salma and Noah Limited Partnership Announces Filing of Early Waring Reports Related to Royal Standard Minerals Ltd.

Prior to the Transaction, Maria beneficially owned or controlled, directly or indirectly, an aggregate of 504,449 Shares representing approximately 30.3% of the Company's issued and outstanding Shares on an undiluted basis and partially diluted basis. Following the Transaction, Maria does not beneficially own or control, directly or indirectly, any Shares.

Prior to the Transaction, the LP did not beneficially own or control, directly or indirectly, any Shares. Following the Transaction, the LP acquired 504,449 Shares representing approximately 30.3% of the Company's issued and outstanding Shares on an undiluted basis and partially diluted basis. The LP is controlled by Carmelo Marrelli, who did not own any Shares prior to the Transaction.

Each of Maria and the LP have no current intention to acquire or dispose of any Shares, but may, depending on market and other conditions, acquire or dispose of beneficial ownership or control of Shares or other securities of the Company whether through market transactions, private agreements, treasury issuances or otherwise.

In satisfaction of the requirements of National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, an early warning report respecting the acquisition of securities by the LP and an early warning report respecting the disposition of securities by Maria will be filed under the Company's SEDAR+ Profile at www.sedarplus.ca.

The Company, Maria and the LP each have a business address of 82 Richmond Street East, Toronto, Ontario M5C 1P1.

CONTACT:

Carmelo Marrelli
Phone: 416-848-0106
[email protected]

SOURCE: Maria Noel Marrelli

View the original press release on ACCESS Newswire

G.Boudreau--SMC