Freehold Royalties Ltd. announced that Gary R. Bugeaud and Marvin F. Romanow have agreed to stand for election as directors of Freehold at the annual and special meeting of shareholders to be held on May 14, 2015. Harry S. Campbell and Rodger A. Tourigny plan to retire at the meeting. Mr. Campbell, currently Chair of the Governance and Nominating Committee and a member of the Reserves Committee, joined the Freehold Board in 1996 and was instrumental in the formation of Freehold Royalty Trust (the predecessor to Freehold).

Mr. Tourigny joined the Freehold Board in 2009 and is currently Chair of the Audit Committee and a member of the Compensation Committee. Mr. Bugeaud is a Corporate Director. He recently retired (December 31, 2013) as Managing Partner of Burnet, Duckworth &Palmer LLP.

He is a former corporate lawyer with over 23 years of legal experience focused on securities, corporate finance, mergers and acquisitions, and corporate governance matters. He currently serves on the boards of Raging River Exploration Inc., and Alberta Cancer Foundation (Trustee). Mr. Romanow is a Corporate Director, and since 2012, Executive in Residence at the University of Saskatchewan.

Prior thereto he was the President and Chief Executive Officer of Nexen Inc. As a former oil and gas industry executive with over 30 years of experience, he has a proven track record in the areas of operations, financial and strategic leadership. He currently serves on the boards of Bank of Tokyo Mitsubishi Canada, Emergex Capital Partners, Alberta Petroleum Marketing Commission (Commissioner), and Southern Alberta Cancer Research Institute (Trustee).