Suspension of trading on AIM

4 June 2018

Ferrum Crescent Limited

("FCR", the "Company" or the "Group")

Suspension of trading on AIM

FCR, the European lead-zinc explorer, announces, further to its previous announcements of 29 May 2018 and earlier today, that trading in the Company's ordinary shares of no par value will be temporarily suspended from trading on AIM with effect from 7.30 a.m. (London time) today, Monday, 4 June 2018, due to the divergent treatment of processing changes to FCR's International Securities Identification Number ("ISIN") arising from the change in the Company's name to Europa Metals Limited, as approved by shareholders at the Company's general meeting held on 21 May 2018.

FCR and its advisers have worked closely with the Australian Stock Exchange, the London Stock Exchange and JSE authorities, as well as the Company's registrars, to seek to avoid any suspensions, however due to the abovementioned ISIN administrative challenges and in order to facilitate the name change process across the three exchanges a temporary suspension from trading on AIM is unavoidable.

A further update(s) will be provided in due course.

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

Ferrum Crescent Limited

Daniel Smith, Non-Executive Director and Company Secretary (Australia)

T: +61 8 9486 4036

Laurence Read, Executive Director (UK)

T: +44 (0)20 3289 9923

Strand Hanson Limited (Nominated Adviser)

Rory Murphy/Matthew Chandler

T: +44 (0)20 7409 3494

Turner Pope Investments (TPI) Limited (Joint Broker)

Andy Thacker

T: +44 (0)20 3621 4120

Peterhouse Corporate Finance Limited (Joint Broker)

Lucy Williams / Duncan Vasey / Heena Karani

T: +44 (0)20 7469 0930

Sasfin Capital Proprietary Limited (a member of the Sasfin group) (JSE Sponsor)

Sharon OwensT (direct): +27 11 809 7762

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014.