Royal Standard Minerals Inc. ("RSM" or the "Company") (TSX VENTURE: RSM)(OTCBB: RYSMF) announces that Mr. Joseph Cornwell has resigned as a director of the Company (the "Board"), effective March 19, 2009.

As part of the search to attract experienced, qualified individuals who can assist the Company in implementing it's business goals and good corporate governance practices the Company is pleased to announce the appointments of Mr. Paul G. Smith and Mr. James Clancy as directors to fill two of the vacancies on the Board until the next annual meeting of the shareholders.

Paul G. Smith is President and CEO of Grey Horse Corporation (TSX: GHC) and CEO of its principal subsidiary, Equity Transfer & Trust Company. Prior to GHC, Paul held management positions at BCE, served as Executive Assistant to the Prime Minister of Canada, and was an aide to the Ministers of External Affairs and International Cooperation. Paul holds an MBA from INSEAD, an MPA from Carleton University, and undergraduate degrees from the University of Ottawa. Paul sits on the boards of GHC, VIA Rail and the Atlantic Council. He is a member of the C.D. Howe Institute's Financial Services Research Initiative and Carleton University's School of Public Policy and Administration Leadership Council. Paul's other public company board positions include StorageVault Canada Inc. (TSX VENTURE: SVI), Podium Capital Corporation (TSX VENTURE: POD.P) and TayCon Capital Corporation (TSX VENTURE: TYC.P).

Mr. James B. Clancy is presently Director - Finance for Techint E. & C. Canada, involved in a Joint Venture with R.B. Somerville Ltd for three sections of the Alberta Clipper Pipeline Project in Western Canada. James has been involved as General Manager and/or Chief Financial Officer in the pipeline construction business in Canada and overseas for over thirty years. He has an Honours Commerce degree from the University of Toronto and is a member of the Canadian Institute of Chartered Accountants. Jim presently sits on the board and is Chairman of the Audit Committee of Galantas Gold Corporation (TSX VENTURE: GAL)(AIM: GAL).

The Company's shares have been suspended from trading on the TSXV as a result of the Company's failure to comply with TSXV requirements. The Company has responded to TSXV; however, there can be no assurance that the Company's efforts will result in the suspension being lifted by the TSXV.

RSM is a natural resource exploration and development company.

C.U.S.I.P. # 780919106

LISTED: STANDARD & POORS

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Royal Standard Minerals Inc. Roland Larsen (804) 580-8107 (804) 580-4132 (FAX) www.Royalstandardminerals.com

Resouro Strategic Metals (TSXV:RSM)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Resouro Strategic Metals Charts.
Resouro Strategic Metals (TSXV:RSM)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Resouro Strategic Metals Charts.