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EURO Ressources: Appointment of the Chairman of the Board of Directors and Declaration of Dividend

13.05.2015  |  GlobeNewswire

PARIS, May 13, 2015 (GLOBE NEWSWIRE) -- EURO Ressources S.A. ("EURO" or "the Company") (Paris:EUR) reports effective May 13, 2015, Mr. David Watkins was reappointed as Chairman of the board of directors of EURO by the board of directors after the shareholders meeting.

As well, EURO reports that, following the annual ordinary and extraordinary general meeting of shareholders held May 13, 2015, the board of directors of EURO has determined that a dividend in the amount of €0.15 per ordinary share will be paid to shareholders. The ex-dividend date will be May 26, 2015, the dividend record date will be May 27, 2015, and the dividend payment date will be on May 28, 2015.

About EURO

EURO is a French company whose principal asset is a gold production royalty from the Rosebel gold mine in Suriname. The Rosebel gold mine is 95% owned by IAMGold Corp. ("IAMGOLD"), and it is operated by IAMGOLD. EURO has approximately 62.5 million shares outstanding. IAMGOLD France S.A.S., an indirect wholly owned subsidiary of IAMGOLD, owned 86% of all outstanding shares of EURO at March 31, 2015 (86% at December 31, 2014).

Statements Regarding Forward-Looking Information: Some statements in this news release are forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties. There can be no assurance that future developments affecting the Company will be those anticipated by management.

Not for distribution to United States newswire services or for dissemination in the United States. The securities referred to herein have not been registered under the United States Securities Act of 1933, as amended (the Securities Act), and may not be offered or sold in the United States or to a U.S. person absent registration, or an applicable exemption from the registration requirements of, the Securities Act.

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:

APPOINTMENT OF THE CHAIRMAN OF THE BOARD OF DIRECTORS: http://hugin.info/143433/R/1921610/688760.pdf

Benjamin Little
Directeur-Général
Tel: +1 416 933 4954
Email: blittle@euroressources.net
Line Lacroix
Directeur-Général Délégué
Tel: +1 450 677 2056
Email : llacroix@euroressources.net

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