Feronia Inc. announced that it has entered into a loan facility for USD 5 million. The unsecured subordinated short term facility bears interest at a rate of 4% per annum and has been provided by CDC Group plc. The facility matures on November 29, 2019, subject to acceleration in certain circumstances. Funds advanced under the facility will be used for working capital and other general corporate purposes whilst the company seeks to strengthen its financial position. The execution of the facility constitutes a related party transaction under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The company has relied on valuation and minority approval exemptions set forth in MI 61-101.