On March 5, 2019, Royal Energy Resources, Inc. entered into an amended and restated secured promissory note (the Amendment) with Cedarview Opportunities Master Fund, L.P (Cedarview). The Amendment relates to the secured promissory note (the Note) executed between Royal and Cedarview on May 31, 2017 for the principal sum of $2,500,000 with a maturity date of May 31, 2019. The Amendment extends the maturity date to May 31, 2020 and requires a principal reduction of $1,000,000 due on or before May 31, 2019 along with a $45,000 extension fee due upon execution of the Amendment. All other terms, provisions, conditions and definitions as set forth in the Note remain in full force and effect, including without limitation all security and collateral required by the Note.