Nov 3 (Reuters) - South American Ferro Metals Ltd SFZ.AX :
* Recapitalisation proposal
* Recapitalisation plan proposed by Benelong Capital Partners Pty Ltd has been approved by the creditors of SAFM
* Says shareholders of SAFM will now be asked to consider and vote on the proposed recapitalisation
* Source text for Eikon ID:nASX5lBD0K