PARIS, France, June 7, 2017: EURO Ressources S.A. (EURO) (Paris: EUR) today announced the results of the annual ordinary general meeting of shareholders held in Paris on Wednesday, May 24, 2017. A total of 14 shareholders were present or represented, holding 56,398,813 common shares of the 62,491,281 common shares making up the stated capital, which represent approximately 90.25 % of the share capital and 90.16 % of the voting rights, satisfying the required quorum for the ordinary general meeting of shareholders. All of the resolutions were passed.
The results of each resolution are detailed as follows:
| Resolution | Voting rights existing at the meeting | Number of shares | Proportion of the share capital | Votes In favour / % | Votes Against / % | Votes Abstaining / % |
| Ordinary shareholders' meeting | ||||||
| Approval of the Company's financial statements for 2016 fiscal year (Resolution 1) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Allocation of the results (Resolution 2) | 56,640,819 | 56,398,813 | 90.25 % | 56,081,598 99.012 % | 413,221 0.730 % | 146,000 0.258 % |
| Approval of the continuation of agreements subject to articles L.225-38 et SEQ. of the French Commercial Code (Resolution 3) | 56,640,819 | 56,398,813 | 90.25 % | 56,627,293 99.976 % | 13,526 0.024 % | 0 0 % |
| Ratification of the appointment of Affie A. Simanikas as director (Resolution 4) | 56,640,819 | 56,398,813 | 90.25 % | 56,640,819 100.000 % | 0 0 % | 0 0 % |
| Re-election of Mr. Phillip Marks as director (Resolution 5) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Resolution | Voting rights existing at the meeting | Number of shares | Proportion of the share capital | Votes In favour / % | Votes Against / % | Votes Abstaining / % |
| Re-election of Mr. Ian Smith as director (Resolution 6) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Re-election of Mr. David H. Watkins as director (Resolution 7) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Re-election of Mr. Benjamin Little as director (Resolution 8) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0% |
| Re-election of Mrs. Carol T. Banducci as director (Resolution 9) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Re-election of Mrs. Affie A. Simanikas as director (Resolution 10) | 56,640,819 | 56,398,813 | 90.25 % | 56,640,819 100.000 % | 0 0 % | 0 0 % |
| Election of Susanne Hermans as director (Resolution 11) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Acknowledgment of the expiry of the term of office of Ian L. Boxall and Stephen Edward Crozier as director (Resolution 12) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Re-election of the statutory auditor (Resolution 13) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
| Acknowledgment of the expiry of the deputy statutory auditor's term of office (Resolution 14) | 56,640,819 | 56,398,813 | 90.25 % | 56,640,819 100.000% | 0 0 % | 0 0 % |
| Compensation policy of the corporate officers referred to in Article L. 225-37-2 of the French Commercial Code (Resolution 15) | 56,640,819 | 56,398,813 | 90.25 % | 56,630,293 99.981 % | 10,526 0.019 % | 0 0 % |
| Formalities (Resolution 16) | 56,640,819 | 56,398,813 | 90.25 % | 56,637,819 99.994 % | 3,000 0.006 % | 0 0 % |
About EURO
EURO is a French company whose principal asset is a gold production royalty from the Rosebel gold mine in Suriname (the "Rosebel royalty"). The Rosebel gold mine is 95%-owned by IAMGOLD Corporation ("IAMGOLD"), and is operated by IAMGOLD. EURO has approximately 62.5 million shares outstanding. IAMGOLD France S.A.S., a wholly owned subsidiary of IAMGOLD, owned approximately 89.71% of all issued outstanding shares of EURO.
Additional information relating to EURO Ressources S.A. is available under EURO's issuer profile on SEDAR at www.sedar.com . Requests for further information should be addressed to:
| Benjamin Little Directeur-Général Tel : +1 416 933 4954 Email: blittle@euroressources.net | Line Lacroix Directeur-Général Délégué Tél: +1 450 677 2056 Email : llacroix@euroressources.net |
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