EURO Resources: Results of the Annual Ordinary General Meeting on May 18, 2022 – 06/01/2022 at 8:10pm.

press release

Paris: EUR

Results of the Ordinary General Meeting held on May 18, 2022

Paris, France, June 1, 2022: EURO Resources SA (EURO) (Paris: EUR) today announced the results of its regular annual meeting held on Wednesday, May 18, 2022. There were 21 shareholders, who own 56,628,647 shares. The number of shares of 62,491.281 shares that make up the capital and have voting rights, which is approximately 90.618% of the capital, which is a sufficient quorum for decisions related to the ordinary general assembly meeting. All resolutions passed.

Details of each decision are given in the table below:

by topic

Total number of votes cast

number of procedures

vote

for

/%

vote

Reverse

/%

vote

refrain

Approving the annual accounts for the fiscal year 2021 and releasing the directors and auditors from liability

(Resolution 1)

113.026.145

56,628,647

112.316.298

99.37%

709.847

0.63%

0

Distribution of recognized results during the financial year ending December 31, 2021

(Resolution 2)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Approval of the agreements referred to in Article L.225-38 et seq. of the Commercial Code

(Resolution 3)

113.026.145

56,628,647

112.316.298

99.37%

709.847

0.63%

0

Confirmation of appointment of Ms. Dorina Quinn as Co-Director

(Resolution 4)

113.026.145

56,628,647

112.314,571

99.37%

711.574.007

0.63%

0

Renewal of Mr. Tim Bradburn’s term as Director

(Resolution 5)

112.894,145

56,628,647

112.892.418

> 99.99%

1.727

<0.01%

132000

Renewal of Mr. Ian Smith’s term as Director

(Resolution 6)

113.026.145

56,628,647

113.024.418

> 99.99%

1.727

<0.01%

0

Renewal of Mr. David Watkins’ term as Director

(Resolution 7)

113.026.145

56,628,647

112.892.418

99.88%

133.727

0.12%

0

Renewing the presidency of Ms. Janander Lambrecht

(Resolution 8)

112.894,145

56,628,647

112.314,571

99.49%

579,574

0.51%

132000

Renewing the presidency of Mr. Silvio Borsanesco

(Resolution 9)

112.893.055

56,628,647

112.312.571

99.49%

580.484

0.51%

133.090

Renewing the mandate of Mrs. Susan Hermans, Director

(Resolution 10)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Renewing the presidency of Mrs. Dorina Quinn

(Resolution 11)

112.894,145

56,628,647

112.314,571

99.49%

579,574

0.51%

132000

The information referred to in Article L.

(Resolution 12)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Compensation and benefits of any kind paid or granted during the financial year ending December 31, 2021 to the Chairman of the Board of Directors

(Resolution 13)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Compensation and benefits of any kind paid or granted during the financial year ending December 31, 2021 to the Chief Executive Officer

(Resolution 14)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Compensation and benefits of any kind paid or granted during the financial year ending December 31, 2021 to the Executive Vice President

(Resolution 15)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Approval of the corporate employee compensation policy

(Resolution 16)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

Formalities Powers

(Resolution 17)

113.026.145

56,628,647

113.026.145

100%

0

0.00%

0

ABOUT EURO

EURO is a French company whose principal assets are ownership of the Rosebel gold mine in Suriname (“Rosebel Ownership”), property related to Paul Isnard concessions, silver production in a subsidiary of Orezone Gold Corporation (“Orezone”), and marketable securities. IAMGOLD Corporation (“IAMGOLD”) owns 95% of the Rosebel Gold Mine. The net smelter production equity covers future production from the Paul Isnard concessions and surrounding area of ​​interest in French Guiana, held under a joint venture agreement between Orea Mining Corp. and Nord Gold SE (“Compagnie Minière Montagne d’Or”). In silver production, EURO will receive 50% of the silver production payable for life from Orezone’s Bomboré project, located in Burkina Faso, West Africa.

EURO has approximately 62.5 million shares outstanding. As of May 18, 2022, IAMGOLD France SAS (“IAMGOLD France”), an indirect wholly owned subsidiary of IAMGOLD, owned 90% of all outstanding shares in EURO. As of May 18, 2022, IAMGOLD France owned 56,242,153 shares representing 112,300,344 voting rights, or approximately 94.40% of EURO voting rights.

Additional information about EURO Resources SA is available on the SEDAR website at www.sedar.com. For any other inquiries, please contact:

Tidiane Bari

Sophie Haley

Director general

Chief Operating Officer

Phone number: +1 450677 0040

Tel: +1 450677 0040

Email: tbarry@euroressources.net

Email: shalle@euroressources.net

attached documents

  • PR 22-05FR 2022 06 01 Results of the General Assembly Meeting on May 18, 2022

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