Latest Feronia Inc (FRNFF) Headlines Feronia
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Feronia Inc. Announces Management Change
Marketwire - Wed Feb 19, 10:27PM CST
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) today announced that William (Bill) Dry has resigned as the Company's Chief Executive Officer and as a director of the Company and its subsidiaries. Mr. Dry has agreed to act as a consultant to the Company to assist in the transition of duties.
Feronia Inc. Issues Common Shares Under Share Purchase Plan
Marketwire - Mon Dec 16, 2:01PM CST
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) today announced that certain officers and employees of the Company have acquired an aggregate of 94,934 common shares in the capital of the Company (the "Qualifying Shares"), at a price of $0.075 per share, under the Company's Share Purchase Plan (the "Plan"). Under the terms of the Plan, each participant is entitled to receive the matching number of common shares acquired pursuant to the Plan at no cost to such participant (the "Deferred Matching Shares"). Subject to certain conditions, such Deferred Matching Shares will be issued to the participants over a three year period following the date of the purchase of the Qualifying Shares. As a result, the participants may be issued up to an aggregate of 94,934 Deferred Matching Shares in three equal tranches over a three year period. As required under the Plan, the Company has also issued an aggregate of 79,471 Deferred Matching Shares to certain officers, directors and employees who acquired Qualifying Shares in December 2011 and December 2012. Following the above noted issuance of common shares, the Company has an aggregate of 552,050,512 common shares issued and outstanding.
Feronia Inc. Reports Q3 2013 Results
Marketwire - Wed Nov 27, 7:01AM CST
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) today released its unaudited financial results for the three and nine months ended September 30, 2013. All amounts in this release are expressed in US dollars unless otherwise indicated.
Feronia Inc. Announces Completion of Final Tranche of US$25 Million Private Placement
Marketwire - Fri Nov 15, 3:45PM CST
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) is pleased to announce that it has completed the final tranche of a previously announced $25 million financing led by CDC Group plc, the UK Government's Development Finance Institution. All amounts in this release are expressed in US dollars unless otherwise indicated. Please refer to the Company's press release dated November 8, 2013 for information regarding the first tranche of the financing.
Golden Oil Holdings Limited Acquires Securities of Feronia Inc. and Files Early Warning Report
Marketwire - Fri Nov 08, 7:22AM CST
Golden Oil Holdings Limited, Suite 510, Fifth Floor, Barkly Wharf, Le Caudan Waterfront, Port Louis, Mauritius (GOHL) today announced that it has completed, by way of a private placement (the Private Placement), the acquisition of 78,360,000 common shares at a subscription price of CAD$0.10 per common share in the capital of Feronia Inc. (Feronia) for an aggregate subscription price of US$7.5 million which represent approximately 14.2% of the currently issued and outstanding common shares of Feronia.
CDC Group plc. Acquires Securities of Feronia Inc. and Files Early Warning Report
Marketwire - Fri Nov 08, 7:22AM CST
CDC Group plc., 123 Victoria Street, London SW1E 6DE, United Kingdom (CDC) today announced that it has completed, by way of a private placement (the Private Placement), the acquisition of 151,496,000 common shares at a subscription price of CAD$0.10 per common share in the capital of Feronia Inc. (Feronia) for an aggregate subscription price of US$14.5 million.
Feronia Inc. Enters Into Loan Facility With CDC to Advance 'Environmental and Social Action Plan'
Marketwire - Fri Nov 08, 7:13AM CST
Feronia Inc. ("Feronia" or the "Company") is pleased to announce that it has entered into a convertible loan agreement (the "Loan Agreement") with CDC Group plc ("CDC"), the UK Government's Development Finance Institution ("DFI"), pursuant to which CDC will make available an unsecured non-revolving term loan (the "ESG Facility") in the maximum amount of $3.6 million at an interest rate of 12% for a term of five years. All amounts in this release are expressed in US dollars unless otherwise indicated.
Feronia Inc. Announces US$25 Million Private Placement Led by CDC, the UK Government's Development Finance Institution
Marketwire - Fri Nov 08, 7:12AM CST
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) is pleased to announce that it has completed the first tranche of a $25 million financing led by CDC Group plc ("CDC"), the UK Government's Development Finance Institution ("DFI"). All amounts in this release are expressed in US dollars unless otherwise indicated.
Feronia Inc. Surpasses 5,000 Hectare Replanting Target
Marketwire - Wed Oct 23, 4:01PM CDT
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) is pleased to announce that it has surpassed its 5,000 hectare replanting target for 2013.
Feronia Inc. Announces Commencement of Crude Palm Oil Production at Yaligimba Palm Oil Mill
Marketwire - Thu Oct 17, 4:50PM CDT
Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE: FRN) is pleased to announce the commencement of palm oil production at its Yaligimba plantation in the Equateur province of the Democratic Republic of the Congo.