European Ferro Metals Ltd. Cancels the Forward Split Announced Today

Suite 700 – 510 West Hastings Street, Vancouver, BC V6B 1L8 T: 604.868.5394 F: 604.608.9023

Vancouver, BC – May 28, 2014 – European Ferro Metals Ltd. (the “Company”) (CSE:EFM) announced earlier today that it intended to complete a forward stock split. The Company has cancelled the intended forward split.

About the Company

Further information about the Company is available under its profile on the SEDAR website www.sedar.com.

For further information, please contact:

Samantha Shorter

Chief Financial Officer European Ferro Metals Ltd.

Telephone: 604.868.5394 Email: [email protected]

Forward-Looking Information:

This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of European Ferro. Forward-looking information is based on certain key expectations and assumptions made by the management of European Ferro, including future plans for the exploration and development of the mineral properties of European Ferro. Although European Ferro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because European Ferro can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. European Ferro disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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