Feronia Inc. announced the appointment of Mr. Bernard Francois as Chief Executive Officer of the company, effective November 14, 2019. Most recently, Mr. Francois has worked as an independent consultant in the management of agri-business in developing countries. Following Mr. Francois' appointment, Mr. Frank Braeken, currently Executive Chairman, will become Non-Executive Chairman as of January 1, 2020.

The appointment of Mr. Francois as CEO of the Company is subject to the approval of the TSX Venture Exchange.