Scheid Vineyards Inc. | Royal Road Minerals

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Scheid Vineyards Inc. | Royal Road Minerals

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Scheid Vineyards Inc. (OTC Markets: SVIN) announced its financial results for the fiscal year ended February 29, 2024. Scott Scheid, President and CEO, commented, "As has been widely reported in the media, the wine industry has faced considerable challenges this past year. This year we've been faced with selling bulk wine at below cost and, consequently, are taking a $15.0 million non-cash write-down of our bulk wine inventories."

Royal Road Minerals (TSXV: RYR) is pleased to announce that it's 50% owned Saudi Arabian joint-venture company Royal Road Arabia, has been selected as the winning bidder for the Al-Miyah copper and gold tender area located in the Asir Province of the Kingdom of Saudi Arabia.

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