Ferrum Americas Mining Inc.

Ferrum Americas Mining Inc.

December 30, 2014 16:30 ET

Ferrum Americas Announces a Board Resignation

TORONTO, ONTARIO--(Marketwired - Dec. 30, 2014) - Ferrum Americas Mining Inc. ("Ferrum" or the "Company") (TSX VENTURE:FEM) announces that Alistair Maxwell has resigned from the Board of Directors due to potential conflicts of interest. Laurence Curtis, Chairman of Ferrum said on behalf of the Board of Directors that "Alistair has made significant contributions to the company particularly during the current resource down-turn. We look forward to continuing our relationship with Alistair in his capacity as Advisor to the Company."

About Ferrum Americas Mining

Ferrum Americas is focused on resource opportunities specific to Latin America.

Ferrum Americas currently has a 51% interest and the right to acquire a 98% interest in the Cerro Rojo iron ore project in Bolivia, located 600 kilometres east of Santa Cruz and approximately 55 kilometres from Puerto Suarez and the Hidrovia river system near Corumba, Brazil. A NI-43-101 Technical Report is available at www.ferrumamericas.com.

Forward-Looking Statements

This news release may contain forward-looking statements that are based on Ferrum Americas Mining Inc.'s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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