HALIFAX, April 20 /CNW/ - Acadian Mining Corporation (TSX: ADA - News; "Acadian" or the "Corporation") announced today that it has entered into an agreement with a number of parties for the sale of its 29.18% interest in Royal Roads Corp. The transaction, which is expected to close before the end of April, will generate C$1.96 million cash for Acadian. Acadian plans to use the sale proceeds to fund its gold exploration program and for working capital.