EURO Ressources : APPOINTMENT OF THE CHAIRMAN OF THE BOARD OF DIRECTORS AND DECLARATION OF DIVIDEND


PARIS, May 25, 2016 (GLOBE NEWSWIRE) -- EURO Ressources S.A. ("EURO" or "the Company") (Paris: EUR) reports effective May 25, 2016, 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 the annual ordinary and extraordinary general meeting of shareholders held May 25, 2016 has determined that a dividend in the amount of €0.20 per ordinary share will be paid to the Company's shareholders.  The ex-dividend date will be June 14, 2016, the dividend record date will be June 15, 2016, and the dividend payment date will be on June 16, 2016.

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 Corporation ("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, owns 89.71% of all outstanding shares 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 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 BOD AND DECLARATION OF DIVIDEND http://hugin.info/143433/R/2015648/747384.pdf

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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