Ferro Strengthens Management Team and Board of Directors

Ferro Iron Ore Corp. (TSX VENTURE:RRO) reports the appointment of Paul Bozoki as Chief Financial Officer, Neil Said as Corporate Secretary and the addition of George Faught, Chirvani Abdoullaev and Alastair Neill to the company’s Board of Directors, effective immediately.
Mr. Bozoki is a Chartered Accountant, holds an MBA and has over fifteen years of accounting, tax and corporate finance experience. Since October 2010, Mr. Bozoki has served as Chief Financial Officer of Black Iron Inc., a TSX-listed junior resource company developing an iron ore project in Ukraine. In addition, from March 1, 2012, Mr. Bozoki has served as Chief Financial Officer of Cap-Ex Ventures Ltd., a TSX Venture Exchange listed junior resource company developing an iron ore project near Schefferville, Quebec. Mr. Bozoki began his career at Ernst & Young LLP where he spent six years auditing clients predominately in the mining industry.

Mr. Said is a corporate securities lawyer who works as a legal consultant to various TSX and TSX Venture listed companies in the mining and oil & gas industries. He previously worked as a securities lawyer at a large Toronto corporate law firm, where he worked on a variety of corporate and commercial transactions. Mr. Said obtained a Juris Doctor from the Faculty of Law at the University of Toronto and he received a Bachelor of Business Administration (Honours) with a minor in Economics from Wilfrid Laurier University.
The appointments of Mr. Bozoki and Mr. Said follow the resignation of Mr. Mark Lotz as Chief Financial Officer and Corporate Secretary.
George Faught is a chartered accountant with over 25 years of senior management experience. He currently serves as a director of a number of public companies in the resource sector and has worked as an officer of publicly traded companies in the natural resources sector including Aberdeen International Inc., a global resource investment corporation, North American Palladium Ltd., a mid-tier platinum group metal producer, Hudson Bay Mining & Smelting Co. Ltd., an integrated base metals producer and William Resources Inc., an international gold producer.