Results Of The Annual Ordinary General Meeting Of Shareholders Held On May 24, 2017
PARIS, 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 Corp. ("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
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: EURO Ressources via Globenewswire
