Ferrum Crescent Limited announces the resignation of Mr. Klaus Borowski from the Board of Directors of the company. Mr. Borowski has been a Non-Executive Director of the company. The company announced appointment of Mr. Laurence Read to the Board as a Non-Executive Director of Ferrum Crescent. Mr. Read, has acted as a strategic and communications consultant to Ferrum Crescent for seven years, during which time he has contributed significantly to the company. He will continue in this role as Non-Executive Director. He has sixteen years’ experience in advising public and private companies on investor relations, in particular in the natural resources sector. Both changes to the Board are with immediate effect.