Oceanic Iron Ore Corp.

Oceanic Iron Ore is pleased to announce that it has appointed Gerrie van der Westhuizen to CFO and Corporate Secretary of the Company effective January 1, 2023. Mr. Chris Batalha, who has been the CFO and Corporate Secretary since 2014, has provided his notice of resignation from the Company effective December 31, 2022, for personal reasons. Mr. Batalha will continue to work with the Company for a period of transition [...]

Oceanic Iron Ore Corp. is pleased to announce that it has reached agreements with its Hopes Advance royalty holders in respect of settlement of its upcoming advance royalty payments. The Company reached an agreement with 154619 Canada Inc. in respect of the settlement of its 2022 advance royalty payment of $100,000 through a cash payment of $25,000 and the issuance of an aggregate of 833,333 common shares at a price of [...]

Oceanic Iron Ore is pleased to announce the completion of a non-brokered financing in an aggregate amount of $1,220,000, following the original announcement of the Financing on September 8, 2022. The subscribers to the Financing were issued convertible debentures which will earn interest at a rate of 8.5% per annum over a 60-month term, payable quarterly in cash or common shares in the capital of the Company, at the [...]

Oceanic Iron Ore is pleased to announce a non-brokered financing in an aggregate amount of up to $1,220,000. 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 in cash or Common Shares, at the election of the Company, at the market price of the Common Shares at the time of settlement. The principal amount of [...]

Oceanic Iron Ore Corp. announces that it on Nov. 10, 2021, the Company closed on a settlement arrangement, originally announced on November 5, 2021, in respect of certain advance royalty payments with its Hopes Advance royalty holders. The Company reached an agreement with 154619 Canada Inc. in respect of its 2020 and 2021 advance royalty payments of $200,000 through the issuance of an aggregate of 1,800,000 common shares [...]

Oceanic Iron Ore Corp. is pleased to announce that it has reached agreements with its Hopes Advance royalty holders in respect of the settlement of its upcoming advance royalty payments. The Company reached an agreement with 154619 Canada Inc. in respect of the settlement of its 2020 and 2021 advance royalty payments of $200,000 through the issuance of an aggregate of 1,800,000 common shares at a price of approximately [...]

Oceanic Iron Ore Corp. is pleased to announce the completion of a non-brokered financing in an aggregate amount of $1,557,548. The subscribers to the Financing were issued Series C 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 at a [...]

Oceanic Iron Ore is pleased to announce that, in connection with its previously-announced non-brokered financing, the Company has agreed to increase the size of the offering of convertible debentures from $1,400,000 to up to $1,600,000. Other than the increase in size of the offering, all other terms of the Financing remains unchanged. Oceanic Iron Ore Corp. On behalf of the Board of Directors "Steven Dean" Chairman +604 [...]

Oceanic Iron Ore Corp. is pleased to announce a non-brokered financing in an aggregate amount of up to $1,400,000. 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 at a price of $0.19 per [...]

Oceanic Iron Ore is pleased to announce that it has reached agreement with one of its Hopes Advance royalty holders in respect of the settlement of its upcoming advance royalty payments. The Company reached agreement with 154619 Canada Inc. in respect of its 2018 and 2019 advance royalty payments of $200,000 through the issuance of 1,131,221 common shares at a price of $0.1768 per share, and settlement of the 2020 advance [...]