EUR First Trust AlphaDEX ETF

EURO Ressources S.A. ("EURO") (PARIS: EUR) (TSX: EUR) today announced that its Ordinary Annual Shareholder's Meeting ("AGM") will be held in Paris on June 21, 2011 at 2:00 p.m. The documents relating to the AGM will be sent to all registered shareholders and available on the Company's web site no later than May 31, 2011.

The Board of Directors proposed on May 11, 2011, a distribution of issuance premium in the maximum amount of EUR 0.47 per common share payable in two installments: On Monday, July 11, 2011, an amount equal to EUR 0.28 per share will be distributed; the second instalment would be paid on Monday, November 14, 2011, in the maximum amount of EUR 0.19 per share. The second instalment amount may be reduced, if the Company's disposable funds are deemed insufficient for its on-going operational needs.

The amount of the proposed distribution of issuance premium represents the accumulation of excess cash. The distribution of issuance premium will be subject to shareholder approval.

About EURO

EURO is a French company whose principal asset is the Rosebel Royalty on gold production at the Rosebel mine operated by IAMGOLD Corporation ("IAMGOLD"). EURO has approximately 62.5 million shares outstanding. Since December 17, 2008, EURO is a majority-owned subsidiary of IAMGOLD. IAMGOLD owns today directly approximately 86% 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 on SEDAR at www.sedar.com. Further requests for information should be addressed to:

EURO RESSOURCES ANNOUNCES DATE OF ORDINARY ANNUAL SHAREHOLDERS' MEETING: http://hugin.info/143433/R/1517683/454194.pdf

Larry E. Phillips Directeur-General Tel:+1 4163604710 Email : Email Contact Susanne A. Hermans Vice-President Finance Tel.: +1 303 204 7771 Email : Email Contact