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 [...]
MONTREAL, QUEBEC--(Marketwired - Mar 31, 2017) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO) ("Oceanic", or the "Company") is pleased to announce 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 China"). Preparation of the EPC Proposal has been supported by SNC-Lavalin [...]
MONTREAL, QUEBEC--(Marketwired - Feb 1, 2017) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) announces the issuance of 400,000 common shares of the Company from treasury as settlement of its $100,000 2016 advance royalty payment to 154619 Canada Inc. ("154619"), a company controlled by Mr. Peter Ferderber. The settlement of its advance royalty payment is pursuant to the terms of an amendment in [...]
MONTREAL, QUEBEC--(Marketwired - Jan 25, 2017) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) is pleased to announce that it has reached agreement with 154619 Canada Inc. ("154619"), a company controlled by Mr. Peter Ferderber, in respect of the settlement of its 2016 advance royalty payment of $100,000. The Company and 154619 have agreed to settle the 2016 advance royalty payment through the [...]
Oceanic Iron Ore announces that pursuant to the Company's Stock Option Plan, a total of 1,280,000 incentive stock options have been granted to directors, officers, and consultants of the Company. The options are exercisable at a price of $0.25 per share for a period of 10 years expiring on January 20, 2027. Oceanic Iron Ore Corp. (www.oceanicironore.com) On behalf of the Board of Directors "Alan Gorman" President [...]
MONTREAL, QUEBEC--(Marketwired - Jan 19, 2017) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) is pleased to provide a corporate update on progress in respect of the Company's Hopes Advance project. Between January 7, 2017 and January 18, 2017 executives of the Company held various meetings with Power China International and Power China Huadong Engineering Corporation Ltd. ("Power China"), aimed [...]
MONTREAL, QUEBEC--(Marketwired - Jan 6, 2017) - Oceanic Iron Ore Corp. ("Oceanic" or the "Company") (TSX VENTURE:FEO) announced today that Alan Gorman has resumed his role as President and CEO of the Company, effective January 6, 2017. Mr. Gorman had taken a temporary leave of absence for health reasons effective December 15, 2016. Oceanic Iron Ore Corp. (www.oceanicironore.com) On behalf of the Board of Directors "Steven [...]
MONTREAL, QUEBEC--(Marketwired - Dec. 16, 2016) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) announces the issuance of 500,000 common shares of the Company from treasury as settlement of its $100,000 2016 advance royalty payment to SPG Royalties Inc. ("SPG"). The settlement of its advance royalty payment is pursuant to the terms of an amendment in respect of its royalty agreement with SPG (the [...]
MONTREAL, QUEBEC--(Marketwired - Dec 15, 2016) - Oceanic Iron Ore Corp. ("Oceanic" or the "Company") (TSX VENTURE:FEO) announced today that Alan Gorman, President and CEO of the Company has taken a temporary leave of absence for health reasons effective December 15, 2016. At the request of the Board, Mr. Steven Dean, Executive Chairman, will assume the role of President and CEO and will work with management during this [...]
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