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Directorate Changes - Appointment of Chairman
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, AIM and JSE: FCR
Australian ISIN: AU000000WRL8
South African ISIN: AU000000FCR2
12th January 2018
Ferrum Crescent Limited
(“FCR”, the “Company” or the “Group”)(ASX, AIM, JSE: FCR)
Directorate Changes - Appointment of Chairman
FCR, the European lead-zinc explorer, is pleased to announce that Mr Colin Bird has been appointed
to the Board of the Company, as a Non-Executive Director and Chairman, with immediate effect. Mr
Grant Button, interim Non-Executive Chairman, will resume his former role as Non-Executive Director.
The appointment of Mr Bird continues the process of strengthening the FCR Board as the Company
progresses its wholly owned Toral lead-zinc and associated metals project in the Province of Léon,
Spain. As Non-Executive Chairman and a supportive shareholder of FCR,
Mr Bird brings a wealth of experience of successfully developing natural resource companies through
value realisation from both transactions and production. The Board welcomes his valuable input and
guidance as it seeks to cost effectively advance its European asset portfolio.
The Company remains on schedule to publish a maiden independent JORC (2012) resource estimate
for Toral by the end of January 2018.
Mr Bird is a chartered mining engineer with extensive multi-commodity mine management experience
in Africa, Europe, Latin America and the Middle East. Mr Bird’s operational and corporate experience,
includes the development of the Jubilee Metals Group production portfolio, concentrating on Platinum
Group Metals in South Africa, in addition to the successful sale of Kiwara plc. Kiwara plc was sold to
First Quantum Minerals (TSX: FM) for US$260 million in November 2009, whilst its project was
undertaking infill drilling at the Kalumbila copper-nickel deposit in north-western Zambia.
The following additional information is provided in accordance with paragraph (g) of Schedule Two of
the AIM Rules for Companies in relation to the appointment of Mr Bird:
Colin Bird (aged 74)
Current Directorships / Partnerships Past Directorships / Partnerships (last 5 years)
African Pioneer Plc 1 Tara Bar and Restaurant CC
Bird Leisure and Admin (Pty) Ltd Add X Trading 810 CC
Braemore Resources Ltd Afminco (Pty) Ltd
Dullstroom Plats (Pty) Ltd Dialyn Café CC
Galagen (Pty) Ltd Emanual Mining and Exploration (Pty) Ltd
Galileo Resources Plc Isigidi Trading 413 CC
Galileo Resources South Africa (Pty) Ltd Jubilee Smelting & Refining (Pty) Ltd
Glenover Phosphate (Pty) Ltd Mokopane Mining & Exploration (Pty) Ltd
Holyrood Platinum (Pty) Ltd NDN Properties CC
Jubilee Metals Group Plc Orogen Gold Plc
Jubilee Tailings Treatment Company (Pty) Ltd Pilanesberg Mining Co (Pty) Ltd
Lion Mining Finance Ltd Pioneer Coal (Pty) Ltd
M.I.T. Ventures Group PowerAlt (Pty) Ltd
Maude Mining & Exploration (Pty) Ltd SacOil Holdings Ltd
New Age Metals Inc Sovereign Energy Plc
NewPlats (Tjate) (Pty) Ltd
Revelo Resources Corp
Tiger Resource Finance Plc
Tjate Platinum Corporation (Pty) Ltd
Umhlanga Lighthouse Café CC
Windsor Platinum Investments (Pty) Ltd
Xtract Resources Plc
Mr Bird holds an interest in 50,000,000 ordinary shares in the Company, representing approximately
1.64 per cent of the existing issued ordinary shares.
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule
Two to the AIM Rules for Companies.
Commenting today, Mr Laurence Read, Executive Director, said:
“The appointment of Colin to the FCR Board brings a wealth of operational and transactional experience
to the Company as we look to progress our 100% owned Toral lead-zinc and associated metals project
in Spain. Our objective is to realise shareholder value from targeted exploration activities on our
promising portfolio assets and we look forward to Colin’s assistance and guidance in this regard. We
look forward to announcing a maiden JORC (2012) resource estimate for Toral in the near term.”
Colin Bird, Chairman, went onto say;
“I am pleased to be joining Ferrum Crescent which is a highly focused company with a developing
European lead zinc portfolio. The management team has a highly motivated approach to the Spanish
lead Zinc Toral project, which is a project with strong underlying fundamentals and numerous upside
potential. Additionally I perceive a European renaissance in base metal mining and the team is well
equipped to search out, acquire and develop European base metal opportunities.”
For further information on the Company, please visit www.fcrexploration.com or
www.ferrumcrescent.com or contact:
Ferrum Crescent Limited
Grant Button, Non-Executive Director (Australia)
T: +61 8 9474 2995
Laurence Read, Executive Director (UK)
T: + 44 (0)20 3289 9923
Strand Hanson Limited (Nominated Adviser)
Rory Murphy / Matthew Chandler
T: +44 (0)20 7409 3494
Peterhouse Corporate Finance Limited (Broker)
Lucy Williams / Duncan Vasey / Heena Karani
T: +44 (0)20 7469 0930
Beaufort Securities Limited (Broker)
Elliot Hance
T: +44 (0)20 7382 8300
Bravura Capital (Pty) Ltd (JSE Sponsor)
Melanie De Nysschen
T (direct): +27 11 459 5052
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 (‘MAR’).
Rule 3.19A.1
Appendix 3X
Initial Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents
given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Ferrum Crescent Ltd
ABN 58097532137
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for
the director for the purposes of section 205G of the Corporations Act.
Name of Director Colin Bird
Date of appointment 11 January 2018
Part 1 - Director’s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in
this part.
Number & class of securities
Colin Bird 50,000,000 ordinary shares
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Name of holder & nature of interest Number & class of Securities
Note: Provide details of the circumstances giving
rise to the relevant interest.
African Pioneer Resources Plc 130,499,858 ordinary shares
Part 3 – Director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed
in this part.
Detail of contract none
Nature of interest none
Name of registered holder none
(if issued securities)
No. and class of securities to which none
interest relates
+ See chapter 19 for defined terms.
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