PRESS RELEASE Paris: EUR
EURO RESOURCES SA
COMMUNIQUE REGULATED INFORMATION
AVAILABILITY OF THE 2021 ANNUAL FINANCIAL REPORT
PARIS, France, February 24, 2022: EURO Resources SA (Paris: EUR) announces in accordance with the provisions of Article 221-4 IV of the General Regulations of the Autorité des Marchés Financiers that the annual financial report for the year 2021 , drawn up in accordance with the provisions of article 222-3 of the General Regulations of the Autorité des Marchés Financiers, is available on the Company’s website in the “Financial Reports” area (www.euroressources.fr , French language > Financial Information > Financial Reports > 2021).
About EURO
EURO is a French company whose principal assets are a royalty on the Rosebel gold mine in Suriname (the “Rosebel royalty”), a royalty relating to the Paul Isnard concessions, silver production at a subsidiary of Orezone Gold Corporation (“Orezone”) and marketable securities. The Rosebel gold mine is 95% owned and operated by IAMGOLD Corporation (“IAMGOLD”). The net smelter production royalty covers future production from the Paul Isnard concessions and an area of interest surrounding them in French Guiana, held under a joint venture agreement between Orea Mining Corp. and Nord Gold SE (“La Compagnie Minière Montagne d’Or”). In silver production, EURO will receive 50% of the life-of-mine payable silver production from Orezone’s Bomboré project, located in Burkina Faso, West Africa.
EURO has approximately 62.5 million shares outstanding. As of December 31, 2021, IAMGOLD France SAS (“IAMGOLD France”), an indirectly wholly owned subsidiary of IAMGOLD, owned approximately 89.71% of all outstanding shares of EURO. As of December 31, 2021, IAMGOLD France held 56,058,191 shares representing 112,116,382 voting rights, or approximately 94.25% of EURO’s voting rights. This threshold crossing results from an allocation of double voting rights.
Additional information about EURO Resources SA is available on the SEDAR site at www.sedar.com. For any other enquiries, please contact:
Attachment
PR 22-02FR 2022 02 24 EURO – Press Release FR – Regulated Information – Availability of the 2021 Annual Financial Report_V1c