From the publisher's website:
Summary: A set of optional rules for use in campaigns consisting primarily of younger players. Includes rules for non-perma death, mana, hit point regeneration, and more. Give your young wide-eyed adventurers the heroic advantage they need.
From the introduction:
RAS1: Young Players Options is an OSRIC™ compatible rules supplement. The rules options presented here were originally written for the REALMS OF ARKONUS FANTASY CAMPAIGN SETTING. Use of the REALMS OF ARKONUS FANTASY CAMPAIGN SETTING, published separately by Magique Productions, Ltd, is not required. The rules options presented here can be used for any OSRIC™ or First Edition compatible fantasy campaign setting.