Communicators

FE Limited: Iron Ore Royalty

Fe Limited (ASX: FEL) (FEL or the Company) is pleased to advise it has received confirmation that it will receive a royalty payment of $211,729 in relation to mining conducted by Mineral Resources Ltd (ASX: MIN) at its Deception iron ore mine in during the March 2019 quarter.

FEL holds a 1.5% Dry Metric Tonne, FOB Royalty (Evanston Iron Ore Royalty) in respect to M77/1259 that is located approximately 20kms north of the Windarling mine. The Evanston Iron Ore Royalty area is located in the Southern Yilgarn Iron Province of Western Australia.

Yours faithfully

FE LIMITED

Tony Sage

Non-Executive Chairman

Contact:

32 Harrogate St, West Leederville

Western Australia 6007 Australia

Telephone:  +61 8 6181 9793

Email: ir@felimited.com.au

www.felimited.com.au

Fe Limited is an Australian domiciled mineral resources exploration and development company.