SMG Indium Resources Ltd. Reports Net Market Value At January 31, 2013

NEW YORK, Feb. 5, 2013 (GLOBE NEWSWIRE) -- SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) and (OTCBB:SMGIW) reported its net market value ("NMV") 1 , at January 31, 2013 was approximately $30.88 million or $3.51 per share 2 . As of January 31, 2013, The Company's inventory of indium consisted as follows:
 
  Quantity (Kilograms) Original Cost 3 ($US '000s) Market Value 4 ($US '000s)
       
Indium held in inventory 47,017 $28,636 $25,037
(99.99% purity ingots)      
 
       
 
    Average Cost Market Value
Indium held in inventory   $609.05 / Kilogram $532.50 / Kilogram
 

In addition, the Company reported the following activity related to common stock repurchases and indium purchases for the month of January 2013:
 
  Quantity Average Price Cost ($US '000s)
 
Monthly stock repurchases 1,900 common shares $2.28/share $4.3
Monthly indium purchase None None N/A

As of January 31, 2013, there were 8,806,817 Common Shares outstanding and the share price closed at $2.40.