TORONTO, ONTARIO–(Marketwired – May 16, 2017) – Routemaster Capital Inc. (TSX VENTURE:RM) (“Routemaster” or the “Company”) has scheduled a special meeting of shareholders for 10:00 a.m. (Toronto time) on July 20, 2017 (the “Meeting”) to consider the proposed acquisition of a 2.0% net smelter returns royalty (the “gold royalty”) covering 10,794 hectares in the Val d’Or region of Quebec. In consideration for this gold royalty, Routemaster has agreed to issue to Forbes & Manhattan, Inc. (the “Vendor”) 11,000,000 common shares, which, based on the closing price of $0.125 as of April 5, 2017, the date prior to announcement of the proposed acquisition, have a deemed value of $1,375,000. Please see Routemaster’s press release of April 6, 2017 for details regarding the proposed acquisition.
