Euro Ressources S.A. reported production results for the six months ended June 30, 2019. For the period, the company reported higher gold production of 147,744 ounces in the first six months of 2019 compared to 142,371 ounces in the first six months of 2018 (0.4 million), partially offset by the impact of a lower average gold price in the first six months of 2019 of USD 1,307 per ounce of gold compared to USD 1317 per ounce of gold in the first six months of 2018 (0.1 million).

The Rosebel royalty production is anticipated to be between 253,000 ounces and 274,000 ounces in 2019. In 2019, the Rosebel royalty is expected to provide revenues to the Company of between approximately 19.2 million and 20.8 million (USD 22.1 million and USD 23.9 million).