Euro Ressources S.A. Provided Production Guidance for the Year of 2020. The Rosebel royalty production in 2019 was 264,307 ounces and is anticipated to be between 184,000 ounces and 205,000 ounces in 2020. In 2020, the Rosebel royalty is expected to provide revenues to the Company of between approximately €15.7 million and €17.6 million ($18.1 million and $20.2 million). These pre-tax numbers assume a gold price of $1,350 per ounce and an exchange rate of €1 for $1.15.  The impact of changes in the average gold price on EURO’s annual revenues, based on an estimated production of 195,000 ounces, would be approximately $1.9 million for each $100 per ounce change in the gold price. The impact of a 5% change in the average foreign exchange rate on EURO’s annual revenues would be approximately €0.8 million. EURO’s cash flow is expected to be primarily affected by income tax payments.