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Freehold Royalties Appoints Mullane VP, COO

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July 13, 2012

Freehold Royalties Ltd. (TSX:FRU) is pleased to announce the appointment of Mr. Thomas J. Mullane as Executive Vice-President and Chief Operating Officer, effective July 18, 2012. Mr. Mullane will also serve in the same capacity with both Rife Resources Ltd. and Canpar Holdings Ltd. Rife and Canpar are wholly-owned subsidiaries of the CN Pension Trust Funds, the pension fund for employees of the Canadian National Railway. A subsidiary of Rife manages the assets of Freehold.

Mr. Mullane has over 25 years of industry experience and a broad background in exploitation ...

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