FerrAus Limited (ASX:FRS) Lawson Gold Offer Extended By One Week

Perth, June 18, 2010 AEST (ABN Newswire) - FerrAus Limited (ASX:FRS) (PINK:FRRAF) and the Directors of Lawson Gold Limited (Lawson Gold) advise that the closing dates for both the Priority Offer and the Public Offer for the Lawson Gold IPO have been extended by one week. This decision follows requests from FerrAus shareholders for additional time due to the recent long weekend as well as the error in the BPAY details in the original Priority Application forms that required new forms being sent to shareholders.

FerrAus and the Directors of Lawson Gold are pleased to report that demand for the offer has been strong, with a large number of applications received (in number and value) at this early stage which provides the Board with confidence that the offer will be successful. Given the demand to date, in conjunction with the continuing strong gold price environment, should you decide to invest in Lawson Gold you are encouraged to lodge your application as soon as possible in order to improve the likelihood of your application being accepted.

----------------------------------------------------------------Updated Timetable----------------------------------------------------------------Record Date for Priority Offer  Monday 31 May 2010Opening Date                    Monday 7 June 2010Priority Offer Closing Date     Friday 25 June 2010 (5:00pm CST)Closing Date                    Friday 9 July 2010 (5:00pm CST)Listing Date of Lawson Gold     Tuesday 27 July 2010----------------------------------------------------------------

These dates are indicative only and may be subject to further change, including early closure of the offer.

Applications for shares can only be made on the application form accompanying the Prospectus.

An investment in Lawson Gold should be considered speculative and investors should carefully consider the Prospectus (including the risk factors outlined in the Prospectus) in deciding whether to acquire shares in the Company. An electronic version of the Prospectus is available at the Lawson Gold website (www.lawsongold.com), or in hard copy upon request.

Contact

FerrAus Limited Email: info@ferraus.com Web: www.ferraus.com Tel: +61-8-9474-3770 Fax: +61-8-9474-3700