Bernard Francois to Cease as Chief Executive Officer and as a Director of Feronia Inc.’s Applicable Subsidiaries with Immediate Effect and to Leave the Company on May 1, 2020

Feronia Inc. announced that Bernard Francois will cease as the Company's Chief Executive Officer and as a director of the Company's applicable subsidiaries with immediate effect and will leave the Company on May 1, 2020. Mr. Frank Braeken, currently Non-Executive Chairman, has become Interim Executive Chairman.