Royal Standard Minerals

Royal Standard Announces the Signing of a Non-Binding Letter of Intent to Sell Material Assets 2012-08-29 08:30 ET - News Release TORONTO, ONTARIO -- (MARKET WIRE) -- 08/29/12 Royal Standard Minerals Inc. (OTCBB:RYSMF) (the "Company" or "Royal Standard") today announced that it has entered into a non-binding letter of intent (the "LOI") with Scorpio Gold Corporation (TSX VENTURE:SGN) ("Scorpio") to sell its Goldwedge, Pinon and Fondaway Canyon property interests to Scorpio in consideration for $2.5 million in cash, 17.5 million shares of Scorpio and the assumption by Scorpio of approximately US$12 million in principal and all interest, fees and other amounts due on such principal currently owing by Royal Standard to Waterton Global Value, L.P., the Company's principal creditor. Pursuant to the letter of intent, Scorpio has provided a $250,000 refundable advance deposit to Royal Standard and agreed to advance an additional $100,000 per month until closing. On August 28, 2012, Scorpio's stock closed at $0.60. There can be no assurance that a binding agreement will be entered into or that a transaction will ultimately be concluded with Scorpio. Completion of a transaction will be subject to the negotiation and entering into of a binding agreement and the satisfaction of a number of conditions, including, but not limited to: each of Royal Standard and Scorpio being satisfied with the results of their respective due diligence investigations; Waterton consenting to the transaction and agreeing to terms acceptable to Scorpio on Scorpio's assumption of the outstanding debt and royalty obligations outstanding to Waterton; the receipt of all requisite approvals from Royal Standard's shareholders and if applicable, Scorpio's shareholders; and receipt of all requisite regulatory approvals including the approval of the TSX Venture Exchange. During the due diligence process, Royal Standard will slow down daily activity at Goldwedge, its flagship operation, while the future strategy of the Company is resolved. In the interim, the Company is focusing on a maintenance and upkeep program in preparation for the next phase of development at Goldwedge. Philip Gross, Chief Executive Officer at Royal Standard commented "Royal Standard recognizes that Scorpio provides the best possible partner for extracting the real value of the corporate exploration portfolio. The Company finds itself at a critical juncture with regard to future opportunities and with this transaction we believe we are best serving the needs of our shareholders going forward. Scorpio's proven track record, management team and corporate profile will be the catalyst that Royal Standard needs to ensure a profitable future for its shareholders." Royal Standard is a junior mining and exploration company with multiple high quality gold projects in Nevada, USA. The Company's flagship, Goldwedge Mine, is located southeast of the Round Mountain gold mine in central Nevada. Royal Standard explores and develops gold and polymetallic properties. The Company's current portfolio of gold exploration projects includes Fondaway Canyon, Pinon, and Dixie Comstock. For more information please visit www.royalstandardminerals.com. Disclaimer for Forward-Looking Information This news release contains forward-looking statements, including statements about potential future asset sales and the operations of its Goldwedge property. These forward-looking statements entail various risks and uncertainties that could cause actual results may differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the fact that the proposed asset sale is non-binding, the strength of the Canadian and US economy; the price of gold; operational, funding and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Royal Standard's business are more fully discussed in the Company's disclosure materials filed with the securities regulatory authorities in Canada and available at www.sedar.com. Readers are urged to read these materials. Royal Standard assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law. CUSIP #780919106 Contacts: TMX Equicom Nisha Hasan Investor Relations 416-815-0700 ext. 258 nhasan@equicomgroup.com Royal Standard Minerals Adena Philips Corporate Strategy aphilips@manhattanminerals.com www.royalstandardminerals.com http://www.stockwatch.com/News/Item.aspx?bid=U-i815050001-U:RYSMF-20120829&symbol=RYSMF&region=U

ROYAL STANDARD SECURES US$2,000,000 LOAN EXTENSION FROM WATERTON GLOBAL VALUE Toronto, Ontario – May 8, 2012 – Royal Standard Minerals Inc. (OTCBB: RYSMF) (the “Company” or “Royal Standard”) is pleased to announce that it has secured a loan extension from Waterton Global Value, L.P. (“Waterton”). The loan extension is intended to enable Royal Standard to build on the positive momentum acquired in recent months. In December 2011, the Company announced a strengthened board and management team and has since achieved several milestones, including the commissioning of the Mill at Goldwedge, the Company’s flagship project. Philip Gross, Interim President and Chief Executive Officer of Royal Standard Minerals, stated, “We appreciate the ongoing support of Waterton. This loan extension will provide the resources we need to continue on our path of growth, and further secure the Company’s determination to join the ranks of Nevada gold producers in the coming months.” Cheryl Brandon, Portfolio Manager at Waterton, stated, “We are pleased with the underground development and the commissioning of the Mill at Goldwedge. We look forward to continuing to support Royal Standard as it advances toward commercial production and as it explores its additional assets, which we believe to have great potential.” As consideration for the US$2,000,000 loan extension, the Company will provide Waterton: (i) an additional 1% net smelter return royalty (“NSR”) on the Pinon property, bringing the total NSR on that property to 2.25%; (ii) a 2% NSR on the Fondaway Canyon property; and (iii) a 2% commitment fee, payable at closing. Other than as described in this press release, the terms and conditions of the loan will remain the same. About Royal Standard Minerals Inc. Royal Standard Minerals is a junior mining and exploration company with multiple high quality gold projects in Nevada, USA. The Company’s flagship, Goldwedge Mine, is located southeast of the Round Mountain gold mine in central Nevada. Royal Standard explores and develops gold and polymetallic properties. The Company’s current portfolio of gold exploration projects includes Fondaway Canyon, Pinon, and Dixie Comstock. The Company intends to aggressively explore and develop its Nevada gold projects and acquire additional prospective gold properties, to create a development pipeline that can fuel further growth. For more information please visit www.royalstandardminerals.com or contact: Nisha Hasan, Investor Relations TMX Equicom Tel: 416-815-0700 ext. 258 E: nhasan@equicomgroup.com OR

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Royal Standard kündigt Inbetriebnahme der Mühle an der Goldwedge Project, Nevada CUSIP # 780919106 OTCBB: RYSMF Toronto, Ontario - 16. April 2012 - Royal Standard Minerals Inc. (OTCBB: RYSMF) (das "Unternehmen" oder "Royal Standard") freut sich, die Inbetriebnahme der Mühle ankündigen auf das Flaggschiff der Goldwedge Projekt in Manhattan, Nevada. Die Schwerkraft Prozess-Mühle, ist uneingeschränkt zulässig bis 400 Tonnen goldhaltigen Erzes pro Tag zu verarbeiten. Philipp Gross, Interim President und Chief Executive Officer, kommentierte: "Die Inbetriebnahme unserer Mühle ist der wichtigste Meilenstein, die wir bisher getroffen haben unter unser neues Management-Team und ich bin mit unserem Team die Fähigkeit ausführen als zufrieden geplant. Diese positive Entwicklung ist ein weiterer Beleg für unser Engagement und Engagement für das Wachstum des Unternehmens zu maximieren und bauen Wert für unsere Aktionäre. " Im Einklang mit den ursprünglich gesetzten Fristen unter dem neuen Management-Team, das Betrieb der Mühle in Goldwedge folgt monatelangen intensiven Fokus und Corporate Umstrukturierung nach dem Management und der Verwaltungsrat Veränderungen während der Dezember 2011. Die Mühle liegt derzeit bei einer Kapazität, die es dem Unternehmen zu erreichen, wird kurz und Medium Produktionsziele zu erreichen. Über Royal Standard Minerals Inc. Royal Standard Minerals ist ein Junior-Bergbau-und Explorationsunternehmen mit mehreren hohen Qualität Goldprojekte in Nevada, USA. Das Flaggschiff des Unternehmens, Goldwedge Mine, ist südöstlich des Round Mountain Goldmine in Nevada zentrale. Royal Standard erforscht und entwickelt Gold-und polymetallischen Eigenschaften. Die Gesellschaft der aktuellen Portfolio von Goldexplorationsprojekten umfasst Fondaway Canyon, Pinon, und Dixie Comstock. Die Gesellschaft beabsichtigt, aggressiv zu erforschen und zu entwickeln Nevada Gold Projekte und den Erwerb zusätzlicher aussichtsreiche Goldprojekte, um eine Entwicklung zu schaffen Pipeline, die weiteres Wachstum anheizen kann. Für weitere Informationen besuchen Sie bitte www.royalstandardminerals.com oder kontaktieren Sie: Nisha Hasan, Investor Relations TMX Equicom Tel: 416-815-0700 ext. 258 E: nhasan@equicomgroup.com ODER Adena Philips, Corporate Strategy Royal Standard