Axactor SE — Capital/Financing Update 2013

Oct 14, 2013

IGE Resources AB has secured additional funding dedicated Rönnbäcken Nickel Project, held by its subsidiary, Nickel Mountain Resources AB.

IGE Resources AB has secured a SEK 1.200.000 short term, interest free, none secured loan to be used for the financing of the nickel project held by its subsidiary, Nickel Mountain Resources AB. The creditors have accepted to lend the money without interest and security for a duration of 3 months. The loan can be converted to shares at a price equal to closing price on the 11th of October 2013 (0,31 NOK), subject to approval from an Extraordinary General Meeting to be summoned shortly.

The main creditors are Altro Invest AB, Deputy Board member Erlend Dunér Henriksen and a number of Norwegian minority shareholders.

For additional information, please contact:

Stefan Persson

Chairman, IGE Resources AB

Phone: +46 8 402 28 00 / Mobile: +46 70 486 21 90

E-mail: info@ige.se