ROYAL RESOURCES <RRCO> MAKES ACQUISITION Royal Resources Corp said it has exercised its optioon to purchase Montagu Mining Investments Inc from <Samuel Montagu Ltd> of London for 3,600,000 dlrs in cash and 200,000 common shares. The company said Montagu's main asset is a 10 pct interest in the Hog Ranch Joint Venture, which operates the open cut heap leach Hog Ranch gold mine in Washoe County, Nev. The mine now produces gold at over 50,000 ounces a year. It said after nine months following closing, Montagu may require Royal to register the 200,000 shares for sale. Royal said from six months after closing until one year after, Montagu also has the right to require Royal to repurchase any or all of the 200,000 shares at 4.50 dlrs each.