FERRUM CRESCENT LIMITED - Ferrum Crescent Board Changes

Ferrum Crescent Board Changes

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

25 January 2017
                                                      Ferrum Crescent Limited
                               (“Ferrum Crescent”, the “Company” or the “Group”)(ASX, AIM, JSE: FCR)

                                                  Ferrum Crescent Board Changes

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, today announces the resignation of Mr Klaus Borowski from
the Board of Directors of the Company (“Board”). Mr Borowski has been a Non-Executive Director of the Company since IPO and now
leaves the Board to pursue other interests.

The Company is pleased to announce the appointment of Mr Laurence Read to the Board as a Non-Executive Director of Ferrum
Crescent. Mr Read, a UK resident, has acted as a strategic and communications consultant to Ferrum Crescent for seven years, during
which time he has contributed significantly to the Company. He will continue in this role as Non-Executive Director. He has sixteen
years’ experience in advising public and private companies on investor relations, in particular in the natural resources sector.

Both changes to the Board are with immediate effect.

Commenting today Justin Tooth, Executive Chairman, said: “On behalf of the Board, I would like to thank Klaus for all his commitment
and work at Ferrum Crescent over the past ten years. We wish him well in retirement. As the Company progresses with the
development of its assets, we welcome Laurence Read to the Board of Ferrum, noting his contribution in the recent developments of the
Company as a consultant. We have a strong team on the Board and in senior management and I look forward to updating the market on
our operational news shortly.”

The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Compan ies in
relation to the appointment of Laurence Read:


Laurence Thomas Martin Read (aged 40)

Current Directorships / Partnerships                               Past Directorships / Partnerships (last 5 years)
Bezant Resources Plc                                               TERN Plc

                                                                   Mineral & Financial Investments Limited
Mowbrai Ltd
Ixis Resources Ltd

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for
Companies.

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


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

Ferrum Crescent Limited
Justin Tooth, Executive Chairman
Grant Button, Director and 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

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