FERRUM CRESCENT LIMITED - Results of Entitlements Offer

Results of Entitlements Offer

FERRUM CRESCENT LIMITED
(Incorporated and registered in Australia
and registered as an external company in
the Republic of South Africa)
(Registration number A.C.N. 097 532 137)
(External company registration number 2011/116305/10)
Share code on the ASX: FCR
Share code on AIM: FCR
Share code on the JSE: FCR ISIN: AU000000FCR2
("Ferrum Crescent" or "the Company")

Results of Entitlements Offer

Ferrum Crescent today announces the results of its entitlements offer, announced on 9
October 2014 (Entitlements Offer). The Company offered under the Entitlements Offer
issue 2 new shares for every 3 existing shares in the Company (Shares) held on the
Record Date (20 October 2014), to raise up to approximately A$2 million (before costs,
and subject to rounding and currency exchange rates).

Under the Entitlements Offer, there were 253,735,414 Shares on offer. The Company
announces that it has received payment for a total of 49,065,642 Shares, meaning that
there is a shortfall under the Entitlements Offer of 204,669,772 Shares.

The Entitlements Offer was underwritten by Patersons Securities Limited to the extent
of 107,500,000 Shares, so that 58,434,358 Shares will be issued by the Company
pursuant to that underwriting agreement. This will result in a total issue of 107,500,000
Shares, resulting in gross receipts to the Company of A$860,000.


For more information regarding the Entitlements Offer please contact:


Australia enquiries:

Ferrum Crescent Limited
Tom Revy T: +61 8 9367 5681
Managing Director

Patersons Securities
Jess Lyons
T: +61 8 9225 2861

UK enquiries

Ferrum Crescent Limited
Laurence Read (UK representative)
T: +44 7557672432

RFC Ambrian Limited (Nominated Adviser)
James Biddle/Andrew Thomson
T: +44 (0) 20 3440 6800
South Africa enquiries:

Sasfin Capital
Sharon Owens T: +27 11 809 7500


6 November 2014

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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