C A U T I O N A R Y S TAT E M E N T

This presentation contains projections and forward looking information about Royal Road Minerals Ltd (“Royal Road” or the“Company”) that involve various risks and uncertainties regarding future events. Such forward-looking information can include,without limitation, statements based on current expectations involving a number of risks and uncertainties and are not guarantees offuture performance of the Company. These risks and uncertainties could cause actual results and the Company’s plans and objectivesto differ materially from those expressed in the forward-looking information. Actual results and future events could differ materiallyfrom those anticipated in such information. These and all subsequent written and oral forward-looking information are based onestimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

The Company assumes no obligation to update forward-looking information should circumstances or management’s estimates oropinions change. This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities of theCompany within the United States or otherwise.

2 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

A B O U T US

Royal Road is focused on the discovery of “ Tier 1” gold and copper

mines where they are most likely and most needed

A discovery can be an extraordinarily valuable event, returning capital in many multiples, positively changing lives and benefitting communities and host nations for decades

Our team has made several major discoveries. We have listed and financed successful and award- winning companies, we are experienced in capital markets and unique in our approach as first movers in post- conflict and transitioning environments

In our view, the largest and most poorly understood risks in the mining industry are those related to social and environmental aspects

We focus on getting that right, so that we can reduce risk at the outset and develop our projects sustainably and confidently

O U RP AR T N E R S

3 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

4 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

N I C A R A G U A (since 2017)50-50 JV with local gold producer HemcoMineros Nicaragua

3 projects permitted and drill-ready for 2019

Large prospective package including 200k Ha of the Golden Triangle (produced 8 Moz gold since 1900)

Association Agreement with Nicaragua’s largest NGO, the CEN

C O L O M B I A (since 2015)

Largest exploration title and application holder in Colombia (approx 600,000 hectares)

Recently completed acquisition of AngloGold Ashanti exploration assets

1 project permitted and drill ready for 2019

Signatories to the British Embassies Business and Peace Initiative

Landmark social-alliance with ECOMUN (joint-government and ex-FARC cooperative)

W H E R E WE W O R K

C OLO M B I A O V E R V I E W

In the last 15 years, more than 50MOz ofnew gold resources have been discovered in Colombia

All major mining companies have a presence in the Country

Colombia is a member of the OECD (the thirdCountry in Latin America, after Mexico and Chile)

The recently-elected government in Colombia isbeginning to implement pro-investment (and pro-post conflict) initiatives such as:

1. A new distribution scheme for royalties wherein 50% of proceeds are disbursed by the central

government to the relevant region

2. Tackling bureaucracy by depoliticizing certain regional government entities and introducinga “single window ” process unifying mining and environmental regulators

3.Committing to clarify the prior consultation process in indigenous regions

4.Strengthening the capacity of public forces to tackle illegal mining

5. Issuance of the “Cumaral Ruling” clarifying the states ownership of subsoil resources

and regulating popular consultations

GDP (US$)

5 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

POVERTY

A C Q U I S I T I O N O F A N G L O G O L D - A S H A N T I E X P L O R AT I O N A S S E T S

N O R T H E R N BL O C K

S O U T H E R N BL O C K

100,000

200,000

150,000

250,000

300,000

350,000

400,000

450,000

500,000

50,000

Prioritized and refined exploration licences with high potential fordiscovery

Gra

nted

Ten

emen

ts(H

a)

C O L O M B I AAGA elected to divest exploration assets and to focus on advanced projects

April 2018, AGA initiated a formal process managed by Royal Bank of Canada

Royal Road Minerals were successful in the process and have acquired over 2000sq km of exploration titles and title applications from AGA

These titles and applications are the result of over 10-years of systematic exploration and prioritization by AGA

With Royal Road’s existing application block in southern Colombia, these assets make Royal Road the largest exploration title and application holder in Colombia

Acandi

Quebradona

Buenos Aires

Murindo Pantanos

PiedraSentada

PiedranchaCascabel

Junin

Gaby

MiradorRioBlanco

Minas CongaYanacocha

PashpapAntamina

Raul-Condestable

6 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

Buritica

Marmato

La Colosa

El Canada

2009 2010 2011 2012 2013 2014 2015 2016 2017

N O R T H E R N B L O C K

7 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

NORTHERN BLOCKThe Northern Block encompasses the prolific Middle Cauca belt where in excess of 50M new ounces of gold resources have been discovered in the last 15-years

The Guinter-Niverengo project is a drill-ready and permitted target, defined in two AGA drill holes and deemed to host Tier-1 potential

S O U T H E R N B L O C K

8 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

SOUTHERN BLOCKThe Southern Block is contiguous with Royal Road’s existing application package and encompasses one of the most prospective and under-explored regions of the Andes with sections of two-known porphyry copper and gold belts and entire high grade gold districts secured under title and title application

L A N D M A R K EC O M U N A G R E E M E N T

9 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

E COMUN AGREEMENTECOMUN is a commercial body established under presidential decree to assist with the reintegration of ex-combatants and conflict-damaged communities

Royal Road provides 1% royalty to each of ECOMUN and community institutions. Prior to commercial production the royalty is transferable to Royal Road for US$ 10M per 1%

Royal Road to formalize informal operations and help establish community mining operations

C E N T R AL A M E R I C A

10 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

N I C A R A G U A50-50 Strategic Alliance with Mineros Hemco Nicaragua

Strategic Alliance is the largest license holder in Nicaragua

Titles cover the Golden Triangle, a historic mining district that has produced over 8M ounces of gold from vein gold and skarn deposits since the early 1900’s

Regional exploration has been successful in identifying several new projects with significant potential

Exploration work for 2019 has now focused on drill-testing three drill-permitted projects:

Luna Roja Gold Skarn (Golden Triangle)

Caribe Intrusion-Related Gold (Golden Triangle)

Los Andes Porphyry Copper Gold

Golden Triangle

Los Andes

L U N A R O J A G O L D SK A R N

11 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

L U N A R O J AGold skarn system with coherent high-grade auger soil anomaly and consistent gold results in saw-cut channel samples

Mineralization related to northeast-southwest oriented high-grade “feeders” and favorablestratabound zones

Fully permitted for drilling with a 3000m scout drilling program expected to commence in Q2-2019

L O S A N D E S A N D C A R I B E

Los Andes (Porphyr y)

Caribe ( Gold Anomaly)

Soil Sampling Program

Golden Triangle

Phyllic Alteration (Pyrite Shell)

12 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

LOS ANDES AND CAR I BEPermitted, drill-ready porphyry copper-gold and gold projects

Drilling planned Q4 2019

R O YAL R O A D A C C E L E R A T OR

PRO J E C T S

The Royal Road Accelerator aims toidentify potentially self-fundingcommercial projects in ruralcommunities which are affected byRoyal Road Minerals’ exploration and development projects

RRM validates potential businesses,provides initial seed-funding andthen opens the projects to otherinvestors

Investors who participate in RRMprivate placements have the optionto contribute up to 5% of theirplacement in the Accelerator whichprovides them with a preemptive right to invest in all subsidiaryprojects

The accelerator and subsidiaryprojects are audited annually andparticipants are provided with aquarterly newsletter

13 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

HOMBRE GRANDEThe Hombre Grande is a

shrub which produces a sap with medicinal qualities. There is an export market

in the USA. This project is a joint venture between

Royal Road Minerals and the CEN in Nicaragua

CLORIS COLOMBIACloris is an Industrial Hemp grower and CBD producer in Nariño Province of southern Colombia. The project aims to integrate growers from surrounding communities

SACHA INCHI COLOMBIAThe Sacha Inchi is a high-value plant with various uses ranging from health supplements to animal

feed. This project is being developed with indigenous communities in southern

Colombia

T E A M

TIM COUGHLINPRESIDENT AND CEO

PETE MULLENSCHAIRMAN

LIZ WALLDIRECTOR

DANIEL DE NARVAEZEXECUTIVE DIREC TOR

LATIN AMERICA

JON HILLDIREC TOR

VERNON ARSENEAULTDIREC TOR

14 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

C A P I TAL S T R U C T U R E A N D C O N T AC T DET A I L S

OUTSTANDING SHARES 210.6M

WARRANTS ($0.16 - $0.20 ) 4.4M

OPTIONS ($0.15 ) 3.5M

SPROTT CAPITAL

ECHELON PAR TNERSRESEARCH

Contact Details

Diana AlemanInvestor Relations

Royal Road Minerals - Jersey

Address: 4 Wharf Street, St Helier, Jersey, Channel Islands, JE2 3NR

Email: info@royalroadminerals.comTelephone: +44 (0) 1534 887166

Email: diana.aleman@royalroadminerals.com

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S E LECTED APPEND ICES

L A L L A N A D A G O L D F I E L D

17 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

L A L LANADAHistoric gold camp, produced in excess of 2MOz since small-scale mining commenced in early 1900’s

Source region for the Barbacoas alluvial gold field which has operated since 1600’s

High-grade quartz-carbonate veins related to emplacement of the Piedra Anchabatholith

Royal Road operated option agreements with local miners until acquiring the region under title and application from AngloGold Ashanti in May 2019

L A L L A N A D A G O L D F I E L D

18 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

L A L LANADAThere are currently 8 mining titles in operation within the La Llanadadistrict. Gold is recovered by gravity and tailings are stockpiled for cyanidation

Veins are generally hosted in tonalite as discrete and continuous shallow-dipping structures but extend into hornfelsed host sediments as vein stockworks

Gold is coarse and free, pyrrhotite and bismuthinite are common accessory minerals and alteration is characterized by silica, biotite and amphibole

M I N A N U E VA , L A L L A N A D A

19 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

1.5 m1 m

1 m

E X A M P L E S : M I N A N U E VA , L A G O L O N D R I N A

At La Golondrina 60 saw-cut channel samples averaged 31.1g/t gold and at Mina Nueva, 35 rock-chip channel samples average 30g/t gold. Vein thicknesses vary from an average of 30cm to 1.5m in width. Veins and mineralized wall rocks can extend over thicknesses of 6m

L U N A R O J A ( G A L L E R Y )

20 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

G U I N T E R N I V E R E N G O

21 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

GU INTER -N I VERENGOLocated in the Middle Cauca Belt. AngloGold Ashanti conducted magnetics, IP-geophysics, soil and rock-chip geochemistry and identified a 2000m by 800m wide target

A 6-hole, 1479 meter scout drill ing program was conducted at Niverengo in 2017. Best intersections were from drill holes three and four which were drilled from the same drill pad at 180-degrees from each other in an area of deep soil cover and no outcrop. Drill hole 3 intersected 36m @ 1.2g/t gold from surface and drill hole 4 intersected 10m @ 1.6g/t gold and 88m @ 0.9g/t gold. Projected to surface, the two drill holes identified a gold mineralized zone of approximately 100m width which remains open to the east and west

Gold mineralization is associated with sheeted quartz-calcite-sulfide veins, with chlorite-il l ite-smectite alteration halos. Gold mineralization correlates very well with Ag, Cu and Sn

The Niverengo title is drill-ready and fully-permitted for dril l testing. Royal Road plans to drill-test Niverengo in Q3-2019

E L M O L I N O

22 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

E L MOL INOThree known porphyry-gold occurrences hosted in Upper Miocene aged intrusions, emplaced into a Miocene sedimentary sequence.

Porphyry’s have well developed potassiccores with surrounding sericite-il l ite zones hosting unusually high gold grades in quartz-vein stockworks (up to 184 grams per tonne gold).

R I O N U L P E

23 . I N F O @ R O Y A L R O A D M I N E R A L S . C O M

R IO NU LPEThe Rio Nulpe project area is located at Colombia’s southern border with Ecuador in Nariño 30 kilometres to the northeast of SolGold’s Cascabel porphyry copper gold discovery in Ecuador

Royal Road has conducted reconnaissance exploration in the region to confirm the porphyry occurrences and is currently negotiating land access with traditional owners

N EW M IN ES FO R A N EW WO RLD