Ferrex Plc will Change its Name to Keras Resources Plc

Keras Resources plc is a United Kingdom-based company, which owns the Diamond Creek organic phosphate mine in Utah, United States. The Company's Diamond Creek asset is one of the highest-grade organic phosphate deposits in the United States and is a fully integrated mine to market operation with in-house mining and processing facilities. The operation produces a variety of organic phosphate products that can be tailored to customer organic fertilizer requirements. The in-house processing plant has flexibility to produce a range of sized and packaged organic rock products throughout the year. The Company's phosphate product is PhosAgri. Its products have received organic certification by all three key certification agencies in the United States - California (CDFA), Washington State (WSDA) and the federal Organic Materials Review Institute (OMRI).