Notice of GM

26 August 2016

Ferrum Crescent Limited

("Ferrum Crescent", the "Company" or the "Group")(ASX: FCR, AIM: FCR, JSE: FCR)

Posting of Notice of General Meeting

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that, further to the Company's announcement of 25 July 2016, a formal notice and proxy form in respect of a general meeting of shareholders of Ferrum Crescent to be held at 11.00 a.m. (Perth time) on 29 September 2016 at The Hovia Room, Metro Hotel Perth, 61 Canning Highway, South Perth, Western Australia 6151, have today been released to the Australian Securities Exchange and dispatched to shareholders. Copies of these documents are available on the Company's website at www.ferrumcrescent.com.

The resolutions set out in the formal notice of meeting seek shareholder approval for: (i) the ratification of the 187,226,485 shares issued in connection with the Company's recent fundraising; (ii) the grant of 187,226,485 options to the placees in connection with the recent fundraising; and (iii) the grant of a further 18,722,649 options to Beaufort Securities Limited in settlement of certain corporate broking services in connection with the recent fundraising, as detailed in the Company's announcement of 25 July 2016.

For further information on the Company, please visit www.ferrumcrescent.com or contact:

Ferrum Crescent Limited

Justin Tooth, Executive Chairman

Grant Button, Company Secretary

T: +61 8 9474 2995

UK enquiries:

Laurence Read (UK representative)

T: +44 7557 672 432

Strand Hanson Limited (Nominated Adviser)

Rory Murphy/Matthew Chandler

T: +44 (0)20 7409 3494

Beaufort Securities Limited (Broker)

Elliot Hance

T: +44 (0)20 7382 8300

Bravura Capital (Pty) Ltd (JSE Sponsor)

Doné HattinghT (direct): +27 11 459 5037