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Axactor SE Share Issue/Capital Change 2010

Apr 16, 2010

3549_rns_2010-04-16_b72c9c63-b4b0-4371-b1ca-c675fba4d56e.pdf

Share Issue/Capital Change

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16 April, 2010

The New Shares issued as consideration for the share purchase of Efidium Ltd from Pangea DiamondFields will be listed on the Oslo Stock Exchange today.

Reference is made to the Information Document dated 18th March 2010 and to the stock exchange notice released on 31 March 2010 regarding the acquisition of Efidium Ltd from Pangea DiamondFields plc.

The New Shares issued to Pangea DiamondFields plc pursuant to the resolution by the Extraordinary General Meeting of IGE on 26th March 2010 will be listed on the Oslo Stock Exchange later today under the ticker code "IGE".

The company has, following the registration of additional 495,399,057 shares, a share capital of SEK 64,555,450.5 divided on 1,291,109,010 shares. Each with a par value of SEK 0.05.

The new total number of outstanding shares in IGE Resources AB amounts to 1,291,109,010.

The Information Document is available at the Company's web-site (www.ige.se).

For additional information, please contact:

Tomas Fellbom CEO, IGE Resources AB Phone: +46 8 402 28 00 / Mobile: +46 73 322 57 86 E-mail: [email protected]

Thomas Carlsson CFO, IGE Resources AB Tel: +46 8 402 28 05 / +46 70 552 26 22 E-mail: [email protected]

IGE Resources AB (publ) is a Scandinavian company mainly focusing on diamonds exploration and production in Southern Africa. IGE's portfolio also includes one of Northern Europe's largest nickel deposits and gold exploration projects in Kenya. IGE is headquartered in Stockholm and its shares are listed on the Oslo Stock Exchange (ticker: IGE). Please refer to www.ige.se for more detailed information.