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EURO Ressources : RESULTS OF THE 2009 ANNUAL ORDINARY GENERAL MEETING OF SHAREHOLDERS HELD ON MAY 17, 2010

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  Published in Business and Finance on Tuesday, May 25th 2010 at 13:35 GMT by Market Wire
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PARIS--(Marketwire - May 25, 2010) - RESULTS OF THE 2009 ANNUAL ORDINARY GENERAL MEETING OF SHAREHOLDERS HELD ON MAY 17, 2010

PARIS, France, May 25, 2010: EURO Ressources S.A. (Paris: EUR) today announced the results of the annual ordinary general meeting of shareholders held in Paris on Monday, May 24, 2010. The total number of shares present and represented at the meeting was 54,333,019 (86.94%) being a quorum for the ordinary general meeting of shareholders. All of the resolutions were passed, except for the fifth resolution, where the required quorum was not obtained, and therefore, was not voted on. The necessary quorum for this 5th resolution was 1,736,116 and only 517,134 shares were represented. An ordinary general meeting of shareholders will be held at a future date to vote exclusively on this 5th resolution. A quorum will not be necessary for this future meeting of shareholders. EURO will advise of the date, as soon as it is determined.

The results of each resolution are detailed as follows:

 +-----------+--------------------+----------------+--------------+ |Resolution |Text |Votes in Favour |Votes Against | +-----------+--------------------+----------------+--------------+ |1 |Approval of the | 54,135,418 | 101 | | |Company's financial | | | | |statements for the | | | | |2009 fiscal year | | | +-----------+--------------------+----------------+--------------+ |2 |Allocation of the | 54,132,605 | 2,914 | | |results | | | +-----------+--------------------+----------------+--------------+ |3 |Distribution of | 54,135,419 | 100 | | |issuance premium | | | +-----------+--------------------+----------------+--------------+ |4 |Approval of the | 54,135,419 | 100 | | |Company's | | | | |consolidated | | | | |financial statements| | | | |for the 2009 fiscal | | | | |year | | | +-----------+--------------------+----------------+--------------+ |5 |Approval of a new | N/A | N/A | | |agreement | | | +-----------+--------------------+----------------+--------------+ |6 |Approval of the | 54,106,687 | 226,332 | | |continuation of | | | | |agreements | | | +-----------+--------------------+----------------+--------------+ |7 |Re-election of Carol| 54,048,423 | 284,596 | | |T Banducci as | | | | |director | | | +-----------+--------------------+----------------+--------------+ |8 |Re-election of Ian | 54,115,423 | 217,596 | | |Smith as director | | | +-----------+--------------------+----------------+--------------+ |9 |Re-election of Paul | 54,048,423 | 284,596 | | |Olmsted as director | | | +-----------+--------------------+----------------+--------------+ |10 |Re-election of Larry| 54,048,423 | 284,596 | | |E, Phillips as | | | | |director | | | +-----------+--------------------+----------------+--------------+ |11 |Re-election of Ian | 54,115,423 | 217,596 | | |Boxall as director | | | +-----------+--------------------+----------------+--------------+ |12 |Re-election of David| 54,135,219 | 197,800 | | |Watkins as director | | | +-----------+--------------------+----------------+--------------+ |13 |Formalities | 54,332,919 | 100 | +-----------+--------------------+----------------+--------------+ +-----------+-----------------+ |Resolution |Votes Abstaining | +-----------+-----------------+ |1 | 197,500 | | | | | | | | | | +-----------+-----------------+ |2 | 197,500 | | | |+-----------+-----------------+ |3 | 197,500 | | | | +-----------+-----------------+ |4 | 197,500 | | | | | | | | | | | | | | | | +-----------+-----------------+ |5 | N/A | | | | +-----------+-----------------+ |6 | 0 | | | | | | | +-----------+-----------------+ |7 | 0 | | | | | | | +-----------+-----------------+ |8 | 0 | | | | +-----------+-----------------+ |9 | 0 | | | | +-----------+-----------------+ |10 | 0 | | | | | | | +-----------+-----------------+ |11 | 0 | | | | +-----------+-----------------+ |12 | 0 | | | | +-----------+-----------------+ |13 | 0 | +-----------+-----------------+ 

About EURO

EURO is a French company whose principal asset is the Rosebel Royalty on gold production at the Rosebel mine operated by IAMGOLD Corporation ("IAMGOLD"). EURO has approximately 62.5 million shares outstanding. Since the 17th of December 2008, EURO is a majority owned subsidiary of IAMGOLD. IAMGOLD owns today directly and indirectly approximately 86% of EURO.

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, including reference to future issuance premium payments as may be determined by the directors 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 US Securities Act of 1933 and may not be offered or sold in the United States or to a US person absent registration or an applicable exemption from registration.

Additional information relating to EURO Ressources S.A. is available on SEDAR at [ www.sedar.com ]. Further requests for information should be addressed to: