ASX Announcement

31 May 2018

Australian Securities Exchange Code: FEL

Ordinary Shares:

370,877,963

Board of Directors: Tony Sage Non-Executive Chairman

Kenneth Keogh Non-Executive Director

Nicholas Sage Non-Executive Director

Contact:www.felimited.com.au

32 Harrogate St, West Leederville Western Australia 6007 Australia Telephone +61 8 6181 9793 Emailinfo@felimited.com.au

Fe Limited is an Australian domiciled mineral resources exploration and development company.

Fe Limited

ABN: 31 112 731 638

Fe Limited (Company) (ASX: FEL) advises that it has received a royalty payment of $41,901 in relation to mining conducted by Cliffs Asia Pacific Iron Ore Pty Ltd (Cliffs) at its Deception iron ore mine on Cliffs' M77/1259 during the March 2018 quarter.

Iron Ore Royalty Received

FEL holds a 1.5% Dry Metric Tonne, FOB Royalty (Evanston Iron Ore Royalty) in respect to M77/1259 that is located approximately 20kms north of Cliffs' Windarling mine. The Evanston Iron Ore Royalty area is located in the Southern Yilgarn Iron Province of Western Australia. Cliffs has advised that with the decision by Cliffs' parent company, Cleveland-Cliffs Inc, to exit from its Australian business during 2018 this has resulted in the cessation of mining at Deception and the closure of the Deception site.

Yours faithfully FE LIMITED

Tony Sage Non-Executive Chairman

felimited.com.au

Attachments

  • Original document
  • Permalink

Disclaimer

Fe Limited published this content on 31 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 May 2018 23:42:05 UTC