Registration objection against the authorization to issue shares

The extraordinary general meeting of shareholders held on 25 April 2013
authorized the board of directors of IGE to resolve to issue 50,000,000
shares in the company's ongoing acquisition of Ghana Gold. A shareholder
minority has objected that the authorization is registered with the
Swedish Companies Registration Office and as long as the authorization
has not been registered, the board of directors cannot resolve to issue
the shares on the basis of the authorization. As a consequence of the
objection, the board of directors is now considering, in the best
interest of the shareholders, on how to proceed regarding the
acquisition of Ghana Gold.
For additional information, please contact:

Terje Engstrøm Lien
Interim President and CEO, IGE Resources AB
Tel: + 47 926 15 167
E-mail: tel@ige.se

IGE Resources AB (publ) is a Scandinavian asset management and
development company within natural resources. IGE's portfolio currently
consists of several diamond exploration and production assets in
Southern Africa and Nickel Mountain Resources AB (publ) owning
Scandinavia's largest nickel deposit. IGE is headquartered in Stockholm
and its shares are listed on the Oslo Stock Exchange (ticker: IGE).
Please refer to
www.ige.se (http://media.ne.cision.com/l/eavxxcwg/www.ige.se/) for more
detailed information.