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FERRUM CRESCENT LIMITED - Exercise of Options and Issue of Equity

Release Date: 24/11/2016 09:00
Code(s): FCR     PDF:  
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Exercise of Options and Issue of Equity

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
Australian ISIN: AU000000WRL8
South African ISIN: AU000000FCR2


24 November 2016

                                        Ferrum Crescent Limited
                (“Ferrum Crescent”, the “Company” or the “Group”)(ASX, AIM, JSE: FCR)

                               Exercise of Options and Issue of Equity

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that it is issuing
769,231 new ordinary shares of no par value each in the capital of the Company (“Ordinary Shares”)
as a result of the exercise of, in aggregate, 769,231 options exercisable at a price of 0.165 pence per
share (the “Option Shares”). Such options were granted in connection with the Company’s placing and
subscription announced on 27 April 2016.

Application will be made for quotation of the Option Shares on the Australian Securities Exchange and
the JSE Limited, and has been made to the London Stock Exchange plc for admission to trading on
AIM (“Admission”). It is expected that Admission of the Option Shares will become effective and that
dealings in the Option Shares will commence on AIM at 8.00 a.m. on 25 November 2016. The Option
Shares will be fully paid and will rank pari passu in all respects with the Company’s existing Ordinary
Shares. Following the issue of the Option Shares, the total issued ordinary share capital of the
Company will comprise 1,869,402,153 Ordinary Shares.

For further information on the Company, please visit www.ferrumcrescent.com or contact:

Ferrum Crescent Limited
Justin Tooth, Executive Chairman
Grant Button, Company Secretary
T: +61 8 9474 2995
UK enquiries:
Laurence Read (UK representative)
T: +44 7557 672 432

Strand Hanson Limited (Nominated Adviser)
Rory Murphy/Matthew Chandler
T: +44 (0)20 7409 3494

Beaufort Securities Limited (Broker)
Elliot Hance
T: +44 (0)20 7382 8300

Bravura Capital (Pty) Ltd (JSE Sponsor)
Doné Hattingh
T (direct): +27 11 459 5037

The information contained within this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.

Date: 24/11/2016 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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