CALGARY,
ALBERTA--(Marketwire - April 23, 2010) - Royal Acquisition Corp. ("Royal") is pleased to
announce that it has completed its initial public offering of 5,000,000 common
shares at a price of $0.20 per share for aggregate proceeds of $1,000,000 (the "IPO") pursuant
to a prospectus dated April 13, 2010. Canaccord Financial Ltd. acted as agent
on the IPO.