MANDATORY NOTIFICATION OF TRADE - IGE Resources AB *corr

Mr. Magne Aaby, director of the Board of IGE
Resources AB, has on the 27th of April 2012 been
allocated an additional 37,500 shares in IGE, at NOK
0.75 per share, as a result of a participation in a
rights issue of the Company.

Following this purchase, Mr. Aaby owns *75,000 shares
in IGE.

Mr. Thomas Carlsson, acting CEO of IGE Resources AB,
has on the 27th of April 2012 been allocated an
additional 40,000 shares in IGE, at NOK 0.75 per
share, as a result of a participation in a rights
issue of the Company.

Following this purchase, Mr. Carlsson owns 55,875
shares in IGE.

Mr. Magnus B Lindseth, director of the Board of IGE
Resources AB, has on the 27th of April 2012 through
a related party been allocated an additional 625,000
shares in IGE, at NOK 0.75 per share, as a result of
a participation in a rights issue of the Company.

Following this purchase, Mr Lindseth owns 875,000
shares in IGE through a related party.

Mr. Fredric Bratt, CEO of Nickel Mountain Resources
(subsidiary to IGE AB), has on the 27th of April 2012
been allocated an additional 50,000 shares in IGE, at
NOK 0.75 per share, as a result of a participation in
a rights issue of the Company.

Following this purchase, Mr.Bratt owns 70,000 shares
in IGE.