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Royal Roads Corp. (RRO-TSX-V) ("Royal Roads") is pleased to announce that following the completion of the business combination with Buchans River Ltd. ("Buchans") by way of the court approved plan of arrangement, Royal Roads' directors and officers have changed and the board is now comprised of Warren MacLeod, William Felderhof, David Felderhof, Edmund Merringer, Steven Poad, Terry Coughlan and William Rogers.

John Rawding and Scott Harkness resigned from the board of directors of Royal Roads effective July 30, 2008 and were replaced by Terence Coughlan and William Rogers, both of whom are also currently serving on the board of directors of Buchans. Mr. Coughlan is also a director of Acadian Mining Corporation (ADA-TSX) ("Acadian"), which owns approximately 29% of the common shares of Royal Roads, and Mr. Rogers is the Chief Operating Officer of Acadian. Mr. Rawding remains with Royal Roads in his capacity as Chief Financial Officer and Mr. Harkness was appointed Assistant Corporate Secretary of Royal Roads. Steven Poad was also appointed to the board of directors of Royal Roads effective July 30, 2008. Mr. Poad is also a director of Buchans and is the Chief Financial Officer for High River Gold Mines Ltd. Both Messrs. Poad and Merringer are independent members of the board of directors of Royal Roads.

About Royal Roads

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Royal Roads and its wholly owned subsidiary Buchans River are resource companies based in Halifax, Nova Scotia, Canada and are focused on exploring and developing base metal properties in the famous Buchans and Victoria Lake mining camp in central Newfoundland and Labrador, Canada. Together, Royal Roads and Buchans River control a total of 33,700 hectares within central Newfoundland and Labrador's Buchans and Victoria Lake mining camps, including the historic Buchans mine (owned by Buchans River) and the Daniels Pond deposit (owned by Royal Roads). Buchans River 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.

Forward Looking Statements

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Certain information regarding the Royal Roads contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Royal Roads believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The company cautions that actual performance will be affected by a number of factors, many of which are beyond Royal Roads' control, and that future events and results may vary substantially from what both companies currently foresee. Royal Roads' forward-looking statements are expressly qualified in their entirety by this cautionary statement.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.

%SEDAR: 00008176E

SOURCE: Royal Roads Corp.

Warren G. MacLeod, President & CEO of Royal Roads; David Felderhof,
Vice-President of Royal Roads, (902) 444-3637, Halifax, Nova Scotia

Globalisation is the process by which distance becomes an inconsequential factor in the establishment and maintenance of multilateral political and socio-economic relations.

In other words, it is a phenomenon in which states and cultures all over the world are persuaded to become homogeneous by the West in terms of their social, cultural political and economic values.

Globalisation has a number of dimensions, which include technology, ecology, economics, culture and civil society. For example, in a globalised world, transnational corporations are able to export jobs to parts of the world where labour costs and workplace obligations are lowest.

Improved communications mean that an event in one part of the world can be broadcast everywhere as it is happening. In a nutshell, a nation cannot completely cut itself off from others.

In short, the world is being subjected to the rule of global capital.

Karl Marx foresaw this "triumph" of capital. He argued that capital would tear apart all relationships that were not based on money.

Marx wrote: "It (capital) has drowned the most heavenly ecstasies of religious fervour, of chivalrous enthusiasm, of philistine sentimentalism, in the icy water of egotistical calculation.

"It has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom - free trade.

"In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation."

Al nations are, thus, compelled - at pain of extinction - to adopt Western economic, political, cultural and social norms.

Globalisation as espoused by the West seeks to create a world "after its own image".

The likes of Francis Fukuyama have openly celebrated this and declared that history is over and from now on the world shall follow the trajectory that has been set for it by the West.

"The last man" left standing is what the West's ideologies would call a "democrat and a capitalist".

Globalisation is handing over the sovereignty of small countries to transnational corporations.

In this world that the West is creating for everyone, national labels and distinctions become meaningless and this allows military powers like the United States to take and do what they want with impunity.

Western corporations have been deployed and are being given the power to make decisions over and above the wishes of sovereign states and their governments and parliaments.

The power of corporations is going to become absolute and that is why America and the European Union talk smugly of imposing sanctions on Zimbabwe.

They are creating a world in which if you cannot trade with them on their own (unfair) terms, then your economy will collapse like a deck of cards.

The ultimate goal is for small countries like Zimbabwe to accept neo-liberalism; to let go of their own economies and leave them in the hands of Western-owned companies.

Third World governments are increasingly being criticised for trying to determine the paths their economies should follow and they are told to let "market forces" determine policy.

The matter of how resources will be distributed is, thus, left in the hands of corporations while ordinary people sit and watch. Anyone who tries to do otherwise is threatened with exclusion from the global village and, by implication, from global trade.

And this is Zimbabwe's sin. Zimbabwe has chosen not to leave the weighty issue of resource allocation in the hands of "market forces".

Rather, the Government has set out clear policies designed to ensure the sovereign people of Zimbabwe are the primary beneficiaries of their resources.

Institutions like the International Monetary Fund, the World Bank and the World Trade Organisation become sticks with which to beat countries like Zimbabwe into line.

It is no coincidence that these three bodies operate far from the public eye and are only seen when they are handing over a cheque of millions of dollars to some poor Third World country.

Their real job is to weave the world into a single web of economic interdependence largely premised on Western capital.

The powers at the Bretton Woods institutions would like to create a global, open economy unified under American leadership that would ensure unchallenged US access to markets and raw materials. These institutions became natural allies of transnational companies in trying to create a capitalist order in the world.

This is why the IMF and the World Bank literally forced Africa, Latin America and huge swathes of Asia to accept structural adjustment programmes.

Things such as Esap were designed to open up the Third World to full exploitation by large Western transnational corporations without any regard for the needs or desires of the indigenous populations.

Indeed, Zimbabwe is still to recover from the negative impact of Esap.

It should also be borne in mind that the full-scale economic assault on Zimbabwe started at around the same time that the country rejected Esap.

Globalisation wants to make the Third World a huge raw material base for America and this is precisely what Zimbabwe rejected in the late 1990s and continues to reject today.

What is really unfortunate is that most poor countries - for their own reasons - accept the lie that globalisation as it is being driven by the West will benefit them and they, therefore, support it.

Of course, there are technological advances that have come with globalisation, but we tend to forget that when supping with the devil it is always prudent to use a long spoon.

In fact, more often than not, it is not advisable to even sup with the devil.

The fact is that we have no mineral or resource rights in this new global village and we should not be fooled into accepting this order of things just because some technological advances come with it. Zimbabwe's case should, therefore, be read within this context. And one option open to the Third World is to seize control of this globalisation drive and to reshape it and mould it in our own image.