Feronia Inc. Issues Common Shares Under Share Purchase Plan

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that
certain officers and directors of the Company have acquired an aggregate of
235,296 common shares in the capital of the Company (the "Qualifying Shares"),
at a price of $0.17 per share, under the Company's Share Purchase Plan (the
"Plan"). Under the terms of the Plan, each participating officer or director is
entitled to receive the matching number of common shares acquired pursuant to
the Plan at no cost to such officer or director (the "Deferred Matching
Shares"). Subject to certain conditions, such Deferred Matching Shares will be
issued to the participating officers and directors over a three year period
following the date of the purchase of the Qualifying Shares. As a result, the
participating officers and directors of Feronia may be issued an aggregate of
235,296 Deferred Matching Shares in three equal tranches over a three year
period. The Plan was approved by shareholders at the annual and special meeting
of the Company on June 17, 2011. 


About Feronia Inc.

Feronia is a large-scale commercial farmland and plantation operator in the DRC.
The Company uses modern agricultural practices to operate and develop its oil
palm plantations and arable farming business division. Feronia believes in the
immense agricultural potential of the DRC for high-quality foodstuffs and edible
oils given its ideal climate, excellent soil and highly skilled and experienced
workforce. Feronia's management team is comprised of 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 support for
local communities. For more information please see www.feronia.com.