Feronia Inc. Becomes Heineken Approved Supplier
27 April 2013 - 8:04AM
Marketwired Canada
Feronia Inc. (TSX VENTURE:FRN) ("Feronia" or "the Company") is pleased to
announce that its arable farming operation in the Democratic Republic of Congo
("DRC") has become an approved supplier to Heineken N.V. ("Heineken") in the
DRC.
Under Heineken's "Supplier Code", suppliers must adhere to Heineken's values,
policies and principles which cover areas including human rights, professional
conduct, equality, child labour, the environment and health & safety.
Ravi Sood, Chairman of Feronia Inc., commented: "Achieving approved supplier
status with Heineken is a significant milestone for our operation. We look
forward to providing a high-quality, 100% locally produced product to this
highly regarded international counterparty with complete transparency on an
ongoing basis."
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" and "will". 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Feronia Inc.
Ravi Sood
Executive Chairman
(416) 907-2026
Ravi.Sood@Feronia.com
Feronia Inc.
Paul Dulieu
Investor Relations Manager
(44)203-327-3033 or (44)7554-521421
Paul.Dulieu@Feronia.com
www.feronia.com
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