TSXV:  FRN $ 0.12 +0.02 +14.29% Volume: 26,500 May 21, 2015


Agriculture in Africa

to feed our growing world

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The DRC is the world’s best hope for the next

high-volume, low-cost
producer of the key crops

needed to feed our growing global population.

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three oil palm plantations and decades of research in oil palm seed development.

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Bringing the Brazilian model of large-scale
arable farming to the DRC. Like Brazil,

the DRC has the key traits
to become a tropical agriculture superpower.

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With over 80 million hectares
of arable farmland, the DRC
has the potential to feed over 2 billion people.

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A highly trained and dedicated team of
approximately 4,000 with knowledge
acquired through
100 years of
continuous operation.

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Investors // News Releases

Feronia Inc. Issues Common Shares Under Share Purchase Plan


TORONTO, ONTARIO--(Marketwire - Dec. 19, 2012) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that certain officers, directors and employees of the Company have acquired an aggregate of 286,366 common shares in the capital of the Company (the "Qualifying Shares"), at a price of $0.11 per share, under the Company's Share Purchase Plan (the "Plan"). Under the terms of the Plan, each participating officer, director and employee is entitled to receive the matching number of common shares acquired pursuant to the Plan at no cost to such participant (the "Deferred Matching Shares"). Subject to certain conditions, such Deferred Matching Shares will be issued to the participants over a three year period following the date of the purchase of the Qualifying Shares. As a result, the participants may be issued up to an aggregate of 286,366 Deferred Matching Shares in three equal tranches over a three year period. As required under the Plan, the Company has also issued an aggregate of 47,621 Deferred Matching Shares to certain officers and directors who acquired Qualifying Shares in December 2011.

The board of directors of the Company established the Plan as a long-term incentive programme designed to improve director, officer and employee retention, further align the interests of the participants with those of shareholders, and allow such participants to take part in the long-term success of the Company. The Plan was approved by shareholders at the annual and special meeting of the Company on June 17, 2011.

About Feronia Inc.

Feronia is a large-scale commercial farmland and plantation operator in the Democratic Republic of the Congo ("DRC"). The Company uses modern agricultural practices to operate and develop its oil palm plantations and arable farming business division. Feronia believes in the immense agricultural potential of the DRC for high-quality foodstuffs and edible oils given its ideal climate, excellent soil and highly skilled and experienced workforce. Feronia's management team is comprised of senior agriculturalists with extensive experience in managing both plantations and large-scale mechanized farming operations in emerging markets. Feronia is committed to sustainable agriculture, environmental protection and providing support for local communities. For more information please see www.feronia.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Feronia Inc.

Ravi Sood

Executive Chairman

(416) 907-2026