Ferrum Crescent : Appendix 3X - Initial Director's Interest Notice

Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Ferrum Crescent Ltd

ABN 58097532137

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Colin Bird
Date of appointment	11 January 2018

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

Colin Bird 50,000,000 ordinary shares

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X

Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Nameofholder &nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. African Resources PlcPioneer

Number & class of Securities 130,499,858 ordinary shares

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	none
Nature of interest	none
Name holder (if ofregistered issuedsecurities)	none
No. andclass ofsecurities to interest relateswhich	none

+ See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002