Feronia Inc. Announces Commencement of Crude Palm Oil Production at Yaligimba Palm Oil Mill

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. 


With the new Yaligimba mill now in operation, the Company has begun harvesting
fresh fruit bunches ("FFB") from the 3,757 hectares of producing oil palm, aged
from 4 to 25 years, at its Yaligimba plantation. This increases the total number
of hectares contributing to production by 63% to 9,709 hectares (previously
5,952 hectares). It is expected that the Yaligimba plantation will achieve
operating results on a per hectare basis similar to those being achieved at the
Lokutu plantation. 


The Yaligimba mill has an initial capacity to process 105,000 tonnes of FFB per
year. A Phase 2 expansion is scheduled to commence in 2016 which is expected to
provide sufficient capacity at Yaligimba to process the plantation's production
though to 2021.


The Company now has fully operational mills at each of its three plantations
with current combined capacity to process 220,000 tonnes of FFB per year.


Bill Dry, CEO of Feronia Inc. commented: "Commencing production at the new palm
oil mill at Yaligimba is a major milestone for Feronia, its employees and the
surrounding community. The original Yaligimba mill was constructed in 1946 and
has been closed since 2008. Through the hard work and dedication of our staff
and contractors together with the ongoing support of our shareholders, we now
have a modern palm oil mill and Yaligimba is again producing crude palm oil.
Going forward, Yaligimba will be a major contributor to the Company and will
also benefit the surrounding communities, as the original mill did for more than
half a century."


About Feronia Inc. 



--  Feronia operates large-scale commercial oil palm plantations and has
    commenced an arable farming operation in the 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 business
    administrators 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



Cautionary Notes 

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
expected operating results at the Yaligimba plantation and expansion plans for
the Yaligimba mill. There can be no assurance that such statements will prove to
be accurate; actual results and future events could differ materially from such
statements. Factors that could cause actual results to differ materially
include, among others, operational risks, regulatory risks, the legislative
process in the DRC and risks related to foreign operations (including various
political, economic and other risks and uncertainties). Most of these factors
are outside the control of the Company. Investors are cautioned not to put undue
reliance on forward-looking information. Except as otherwise required by
applicable securities statutes or regulation, the Company expressly disclaims
any intent or obligation to update publicly forward-looking information, whether
as a result of new information, future events or otherwise.


Neither the TSX Venture Exchange nor its regulation services provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Feronia Inc.
Ravi Sood
Chairman
(416) 907-2026
Ravi.Sood@feronia.com


Feronia Inc.
Bill Dry
CEO
(44) 7887 525 046
Bill.Dry@feronia.com


Feronia Inc.
Paul Dulieu
Investor Relations Manager
(44) 7554 521421
Investor.relations@feronia.com
www.feronia.com
Feronia (TSXV:FRN)
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