European Ferro Metals Ltd. Announces Plans to Execute Forward Stock Split

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) is pleased to announce that it intends to complete a forward stock split. The three (3) for one

(1) forward stock split (the “Forward Split”) has an intended record date of June 4, 2014 (the “Record Date”).

The Company intends to execute the Forward Split utilizing the “Push-out Method” whereby the shareholders keep the share certificates they currently hold, and the shareholders of record as of the close of business on the Record Date are provided with additional share certificates by the Company’s transfer agent.

The Company currently has 8,520,000 issued and outstanding common shares. Upon completion of the Forward Split, the Company will have 25,560,000 issued and outstanding common shares.

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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