Last checked at 16 Jan 2012 12:15
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 | +44 (0) 20 7383 5100 |
John Prior / Sebastian Jones | Collins Stewart Europe Limited | +44 (0) 20 7523 8350 |
Felicity Edwards | St Brides Media and Finance Ltd | +44 (0) 20 7236 1177 |
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.