HEATHSVILLE, Va., May 12, 2003 (PRIMEZONE) -- Royal Standard Minerals Inc. ("RSM", the "Company") (OTCBB:RYSMF) (TSX Venture Exchange:RSM) CEO Roland Larsen was recently interviewed by Tom Allinder of HotStockChat.com. During the interview Mr. Larsen answers questions about RSM's current business including substantial detail regarding their precious metals mining properties in Nevada. The interview can be accessed at http://www.hotstockchat.com.
About Royal Standard Minerals, Inc.
RSM is a Reno, Nevada-based natural resources company concentrating on district scale gold exploration and development programs in Nevada. The Company has 100% interest in 5 advanced and exploration-stage projects in three (3) districts in Nevada. RSM is focused on controlling all or a majority interest in multi-deposit target area(s) within each district play that has the potential to contain a significant "new" source of gold.
About HotStockChat.com
HotStockChat.com is a media and information site dealing with the OTCBB, AMEX and NASDAQ stock markets. HotStockChat.com produces quality and timely audio content that is unique and offers market participants and investors a different look at the markets. Audio interviews are regularly conducted with company officials as well as individuals associated with the stock markets. Market statistics and updates on individual stocks of interest are transmitted to HotStockChat.com subscribers daily via email and stocks mentioned during the radio show at TradersNation.com are posted at http://www.hotstockchat.com each weekday.
With regard to the interview and statements made during the interview, the following applies: "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the Company's industry and general economy; competitive factors; ability to attract and retain personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 20-F; its quarterly reports on Forms 6-K; and any reports on Form 6-K. Royal Standard Minerals Inc. neither confirms nor provides guidance with respect to the financial projections supplied by other companies. Royal Standard Minerals Inc. takes no obligation to update or correct forward-looking statements.
The TSX Venture Exchange does not accept responsibility for adequacy or accuracy of this press release.
Royal Standard Minerals cautions that the statements made in this press release and other forward-looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.