Royal Standard Minerals Inc., RSM (TSX VENTURE:RSM) (OTCBB:RYSMF) has acquired a
100% interest in a surface mine coal project in Wolfe County, Kentucky. This
transaction closed on July 28, 2008. The transaction cost was $431,000 to
include $250,000 to acquire the project and $181,000 reclamation bond to cover
the state of Kentucky reclamation requirements for this property. The property
consists of approximately 1,000 acres of coal mineral rights under lease to
include an equivalent 7% royalty on produced coal product. Mr. Roland M. Larsen,
Qualified Person, has reviewed and approved this press release.


The Company is pleased to announce that the Board of Directors have appointed a
new Director to the board, and has filled management positions to include the
position of Chief Financial Officer and Treasurer effective July 21, 2008. The
appointment of Mr. Joseph Cornwell as a new Director to the Board of Directors
is expected to be confirmed at the next annual meeting bringing the total number
of directors to six. We are very happy to have Mr. Cornwell on the board as his
background in the financial community will add a new dimension to the Company's
exposure to contacts that can assist the with future financings and will serve
to accelerate corporate growth. Joe has been in the stock brokerage business
early in his career and later has operated a successful consulting firm that
targets small and medium capitalization companies by providing assistance with
strategic financial and other support that will help promote growth.


Mr. Leon Walker has agreed to come on as the Chief Financial Officer (CFO). Mr.
Walker is a CPA and partner with a Washington, DC based accounting firm. He has
more than 40 years of accounting and business related background previously as a
CFO. Leon will act as RSM's CFO effective July 21, 2008. The Board of Directors
are pleased that Mr. Walker has agreed to fill this very important position
within RSM.


Mr. James Dunlop has agreed to come on as Treasurer of the Company. Mr. Dunlop
is currently and has been a director of RSM for the past several years. He has
agreed to add the position of Treasurer to his position as director.


RSM is an exploration and development company with interests in coal and
precious metals in the United States.


The information presented in this press release is subject to the various
regulatory approvals.


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.


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

LISTED: STANDARD & POORS

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