TORONTO, ONTARIO--(Marketwire - Sept. 10, 2012) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that Mr. Stephen Cashin has resigned from the Board of Directors due to professional time constraints. "We would like to thank Mr. Cashin for his service to the Board of Directors and the Company. Mr. Cashin has been an active and valuable Board member and major contributor to the Company's progress," said Ravi Sood.
About Feronia Inc.
Feronia operates large-scale commercial oil palm plantations and has commenced an arable farming operation in the Democratic Republic of the Congo ("DRC"). The Company, through its subsidiaries, holds concessions on land which is owned by the DRC government and on which its oil palm plantation and farming operations take place. The Company uses modern agricultural practices to operate and develop its oil palm plantations and arable farming. Feronia believes in the immense agricultural potential of the DRC for high-quality edible oils, oil derivatives and foodstuffs given the suitability of its climate and soil and the availability of a skilled workforce. The Company's management team is comprised of experienced administrative executives and 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 jobs and economic growth for local communities. For more information please see www.feronia.com.
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