FRN Feronia Inc

Feronia Inc. ("Feronia" or the "Company")(TSX VENTURE:FRN) is pleased to
announce that has now established the necessary barging capacity to transport
all fruit produced at its Yaligimba Plantation to its mill at Lokutu Plantation.


"Oil production at Yaligimba Plantation had been suspended since December 2008
due to the decommissioning of the Yaligimba palm oil mill. In February of this
year we commenced barging operations between Yaligimba and Lokutu allowing us to
open up production from the Yaligimba location" said Bill Dry, COO of Feronia's
Oil Palm Division. "The Yaligimba plantation includes approximately 30% of the
mature planted hectares at Feronia's oil palm operation. Opening up barging
between the two allows us to significantly increase the capacity utilization at
the Lokutu mill, operating efficiencies and oil production from the operation.
In May we sourced and contracted the necessary capacity to barge the
plantation's fruit to the Lokutu palm oil mill. With the proceeds from the March
2011 financing we intend to build a new 60 tonne per hour palm oil at the
Yaligimba Plantation in two phases. The first phase will be completed in 2012.
This will eliminate barging costs and increase total milling capacity by
approximately 100% with completion of the initial phase and by 200% with
completion of the second phase. These capacity additions will handle the
expected crop until approximately 2022." 


About Feronia Inc.

Feronia Inc. is a large-scale commercial farmland and plantation operator in the
Democratic Republic of the Congo ("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. 


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
the stated use of proceeds; plan of operations and comparative advantages; and
benefits of this investment. 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, regulatory risks, risks inherent in foreign
operations, commodity prices, competition, and investments having no history of
operations. 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.

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