Feronia Inc. Announces Resignation of Director

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that
Mr. Stephen Cashin has resigned from the Board of Directors due to professional
time constraints. "We would like to thank Mr. Cashin for his service to the
Board of Directors and the Company. Mr. Cashin has been an active and valuable
Board member and major contributor to the Company's progress," said Ravi Sood.


About Feronia Inc.

Feronia operates large-scale commercial oil palm plantations and has commenced
an arable farming operation in the Democratic Republic of the Congo ("DRC"). The
Company, through its subsidiaries, holds concessions on land which is owned by
the DRC government and on which its oil palm plantation and farming operations
take place. The Company uses modern agricultural practices to operate and
develop its oil palm plantations and arable farming. Feronia believes in the
immense agricultural potential of the DRC for high-quality edible oils, oil
derivatives and foodstuffs given the suitability of its climate and soil and the
availability of a skilled workforce. The Company's management team is comprised
of experienced administrative executives and senior agriculturalists with
extensive experience in managing both plantations and large-scale mechanized
farming operations in emerging markets. Feronia is committed to sustainable
agriculture, environmental protection and providing jobs and economic growth for
local communities. For more information please see www.feronia.com.