Canadian Royalties: Resignation of Interim Chief Financial Officer

MONTREAL, QUEBEC -- (Marketwire) -- 11/25/09 -- Canadian Royalties Inc. (the "Company", or "Canadian Royalties") (TSX: CZZ) announces that it has received and accepted the resignation of Mr. Hugh Blakely as Interim Chief Financial Officer.

Mr. Blakely resigned to pursue another career opportunity. The Company extends its appreciation to Mr. Blakely for his contributions and wishes him success in his future career.

Forward-looking Statement

This news release contains certain forward-looking statements or forward-looking information. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability and control, which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Some of these risks and uncertainties are identified and disclosed under the heading "Risk Factors" in the Company's Annual Information Form for the year ended December 31, 2008. Accordingly, all of the forward-looking information contained in this press release is qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company, as expressed or implied by the forward-looking information, will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business operations,. All forward-looking statements speak only as of the date of this news release and the Company does not undertake any obligation to update or publicly disclose any revisions to such forward-looking statements to reflect events, circumstances or changes in expectations after the date hereof, except as required by applicable securities law. Accordingly, readers should not place undue reliance on forward-looking statements.

Canadian Royalties Inc.
Glenn J. Mullan
Chairman of the Board, and Chief Executive Officer
1-514-879-1688, ext. 1222

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