Source - RNS
RNS Number : 6224L
Ferrum Crescent Ltd
04 October 2016

4 October 2016

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group")(ASX: FCR, AIM: FCR, JSE: FCR)


Grant of Options


Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that, following receipt of shareholder approval on 29 September 2016, and further to the Company's announcement of 25 July 2016, the Company has granted 187,226,485 new unlisted options to investors who subscribed for Placing Shares on a one for one basis (the "Options") and 18,722,649 new unlisted options to Beaufort Securities Limited (the "Broker Options") as settlement of certain corporate broking services fees. The Options and Broker Options are exercisable at 0.30 pence per share on or before 29 July 2018.      


For further information on the Company, please visit 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


This information is provided by RNS
The company news service from the London Stock Exchange