Ferraus Limited

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that it has agreed to appoint Mr Cliff Lawrenson as Chief Executive Officer and Managing Director, subject to shareholders appointing him as a director of FerrAus and approving certain elements of his proposed remuneration package.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) will shortly despatch a Notice of Meeting seeking shareholder approval at an Extraordinary General Meeting to be held on Monday 24 January 2011 for a proposed capital raising of up to A$35 million.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) is pleased to provide the Chairman's address to the 2010 Annual General Meeting (AGM).

As previously communicated, FerrAus Limited (ASX:FRS) (PINK:FRRAF) received an unsolicited takeover offer from a wholly owned subsidiary of its major shareholder Wah Nam International Holdings Limited (HKG:0159) on 10 November 2010.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced its maiden iron ore reserve estimate of 126 million tonnes at 57.3 per cent Fe for the FerrAus Pilbara Project in Western Australia.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today released the results of the Pre Feasibility Study (PFS) of the FerrAus Pilbara Project in Western Australia and approved the commencement of a Definitive Feasibility Study (DFS).

FerrAus Limited (ASX:FRS) (PINK:FRRAF) advises that it has received an unsolicited, conditional proposal from a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) to acquire all of the ordinary shares of FerrAus not currently held by Wah Nam, by way of an off market takeover offer.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced the results of geological mapping and sampling recently completed at its wholly owned Enachedong Manganese Project located 60 kilometres south of known world class resource, Woodie Woodie.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced new drilling results obtained from ongoing RC drilling conducted at the Mirrin Mirrin Prospect. The current program of 200 metre x 50 metre spaced RC drilling is scheduled to be completed by the end of September. The Prospect is part of the Davidson Creek Area within the FerrAus Pilbara Project.

FerrAus Limited (ASX:FRS) (PINK:FRRAF) today announced that it has appointed Mr Bryan Oliver as an Executive Director.