To build social license Royal Road Minerals (CVE:RYR) launched a business incubator for local communities, said CEO Tim Coughlin.

In November Coughlin spoke to Kitco at the Deutsche Goldmesse show in Frankfurt, Germany. Royal Road is an exploration company focused on Nicaragua and Colombia.

Royal Road identifies, incubates and commercializes potentially dividend-paying businesses which would benefit the rural communities in and around Royal Road Minerals’ exploration and development projects. A recent spin out was Cloris, which produces industrial hemp and CBD isolate in southern Colombia.
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