Judgment regarding registration objection delivered by the District Court

As earlier communicated 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 did object that the
authorization was registered with the Swedish Companies Registration
Office. The District Court in Stockholm has now delivered its judgment
and declares the decision of the General Meeting as invalid.

IGE Resources chose not to dispute the claim since the renegotiation of
the content and the terms of the agreement with Alluvia Mining Ltd
regarding Ghana Gold are ongoing and that the parties already have
decided to not involve any share issuance of IGE. Also, as earlier
communicated, partial or full reversal of the transaction is under
evaluation.

For additional information, please contact:

Terje Engstrøm Lien
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.