At the request of the Investment Industry Regulatory Organization of Canada, Oceanic Iron Ore wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. ceanic Iron Ore Corp. On behalf of the Board of Directors "Steven Dean" Executive Chairman +604 566-9080 About Oceanic: Oceanic is a company focused on the [...]
Oceanic Iron Ore Corp. is pleased to announce the completion of a non-brokered financing in an aggregate amount of $1,812,500. The subscribers to the Financing will be issued Series B convertible debentures which will earn interest at a rate of 8.5% per annum over a 60 month term, payable quarterly. The principal amount of the Debentures will be convertible to units during the Term at the election of the subscriber. The [...]
Oceanic Iron Ore] is pleased to announce the commencement of a revised and re-scoped National Instrument 43-101 Preliminary Economic Assessment in respect of the Company's Hopes Advance Project. The objective of the Study will be to revise the profile and production schedule of Hopes Advance in order to reduce the up-front capital required to bring the project to commercial production. Furthermore, the proposed revised [...]
TSX Venture Exchange: FEO VANCOUVER, Jan. 30, 2018 /CNW/ - Oceanic Iron Ore Corp. is pleased to announce the signing of a Memorandum of Understanding with Sinosteel Equipment and Engineering Co., Ltd . The MOU formalizes the understanding and intentions of the parties in respect of cooperation focused on the Company's Hopes Advance project development. Specifically, Sinosteel MECC intends to assist in the arrangement of a [...]
TSX Venture Exchange: FEO VANCOUVER, Jan. 12, 2018 /CNW/ - Oceanic Iron Ore Corp. is pleased to announce that it has reached agreement with SPG Royalties Inc. in respect of the settlement of its 2017 advance royalty payment of $100,000 . The Company and SPG have agreed to settle the 2017 advance royalty payment through the issuance of 1,000,000 common shares at a price of $0.10 per share, subject to approval by the TSX [...]
TSX Venture Exchange: FEO VANCOUVER, Nov. 23, 2017 /CNW/ - Oceanic Iron Ore Corp. announces the issuance of 16,734,703 common shares of the Company from treasury in connection with the repayment of a convertible debenture issued by the Company to Sino-Canada Natural Resources Fund I on May 23, 2013 and amended under an Amendment Agreement dated for reference on September 18, 2015 . As noted in the Company's press release [...]
TSX Venture Exchange: FEO VANCOUVER, Nov. 17, 2017 /CNW/ - Oceanic Iron Ore Corp. announces that pursuant to the terms of a convertible debenture issued by the Company to Sino-Canada Natural Resources Fund I on May 23, 2013 and amended under an Amendment Agreement dated for reference on September 18, 2015 , Oceanic has provided formal notice to Sino-Canada that the Company will repay the remaining principal and interest [...]
Oceanic Iron Ore is pleased to announce the completion of a non-brokered financing in an aggregate amount of $810,000. The subscribers to the Financing will be issued convertible debentures which will earn interest at a rate of 8.5% per annum over a 60 month term, payable quarterly. The principal amount of the Debentures will be convertible to Units during the Term at the election of the subscriber. The conversion price [...]
Oceanic Iron Ore announces a non-brokered financing in an aggregate amount of up to $710,000. The subscribers to the Financing will be issued convertible debentures which will earn interest at a rate of 8.5% per annum over a 60 month term, payable quarterly. The principal amount of the Debentures will be convertible to Units during the Term at the election of the subscriber. The conversion price during the first year of [...]
Oceanic Iron Ore is pleased to provide a corporate update on progress in respect of the Company’s Hopes Advance project, as well as an update on management changes within the Company. Since the Company announced the receipt of an Engineering Procurement and Construction proposal “EPC Proposal” originating from Power Construction Corporation of China’s subsidiary company Power China Huadong Engineering Company. (“Power [...]
MONTREAL, QUEBEC--(Marketwired - Apr 17, 2017) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO) ("Oceanic", or the "Company") is pleased to announce its intent to appoint DRA/Met-Chem as part of the future Owner's team during the Front End Engineering Design ("FEED") phase of the Hopes Advance project. DRA/Met-Chem has been integral to the earlier work associated with the Hopes Advance project and has a detailed understanding [...]
MONTREAL, QUEBEC--(Marketwired - Apr 11, 2017) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) announces that Jean Martel has resigned from the Board of Directors of the Company. Mr. Steven Dean, Executive Chairman of the Company said, "The directors have thoroughly enjoyed Jean Martel's participation as a director of the company. Mr. Martel's guidance has added significant value to the [...]
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