Result of AGM

RNS Number : 6193V

Ferrex PLC

16 January 2012

 

Ferrex plc / Index: AIM / Epic: FRX / Sector: Mining

16 January 2012

Ferrex plc ('Ferrex' or 'the Company')

Result of AGM

Ferrex plc, the AIM quoted iron ore and manganese development company focused in Africa, held its Annual General Meeting today and all resolutions were duly passed.

**ENDS**

For further information visit www.ferrexplc.com or contact the following:

Dave Reeves	Ferrex plc	+ 61 (0) 420 372 740
Russell Lamming	Ferrex plc	+ 44 (0) 781 0870 587
Colin Aaronson/ David Hignell	Grant Thornton Corporate Finance	[phone]
John Prior / Sebastian Jones	Collins Stewart Europe Limited	[phone]
Felicity Edwards	St Brides Media and Finance Ltd	[phone]

Notes

Ferrex plc is an AIM quoted exploration and development company focused on advancing low capex iron ore and manganese projects in Africa through the development cycle and into production.  Its current project portfolio comprises iron ore (Malelane) and manganese (Leinster) projects in South Africa, a manganese project (Nayega) in Togo and a manganese project (Changara) in Mozambique, all of which offer the potential for significant near-term value uplift.

The Company's growth strategy is centred on advancing its current assets, utilising its Board and management team's considerable experience in developing resource projects across Africa and expanding its portfolio through acquisitions to build Ferrex into a mid-tier, low-cost producer of iron ore and manganese.

 

END

 

 

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