Oceanic Iron Ore Corp. announces that it has entered into an agreement with the holder of the Company's previously issued Series B convertible debenture to replace the existing Series B Debenture with a new debenture maturing on Nov 29, 2028. The Series B Debenture was convertible to units at the election of the holder at a price of $0.10 per Unit [...]
Oceanic is pleased to announce its intention to: Replace the Series B Debentures at Maturity The Company intends to enter into agreements with the holder of the Company's previously issued Series B convertible debenture maturing on Nov 29, 2023 to replace the existing Series B Debenture with a new debenture on the Maturity Date, subject to the [...]
Oceanic Iron Ore Corp. is pleased to announce that it has elected to settle an aggregate of $92,868 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Series B Convertible Debenture, Series C Convertible Debentures and Series D Convertible Debentures on September 30, 2023 by issuing 1,428,735 [...]
Oceanic Iron Ore is pleased to announce that it has elected to settle an aggregate of $92,970 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Series B Convertible Debenture, Series C Convertible Debentures and Series D Convertible Debentures on June 30, 2023 by issuing 1,328,141 common [...]
Oceanic Iron Ore announces that on April 28, 2023, pursuant to the Company's Stock Option Plan, a total of 1,540,000 incentive stock options have been granted to directors, officers and consultants of the Company. The Options are exercisable at a price of $0.095 per share for a period of 10 years expiring on April 28, 2033. [...]
Oceanic Iron Ore is pleased to announce that it elected to settle an aggregate of $92,970 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Series B Convertible Debenture, Series C Convertible Debentures and Series D Convertible Debentures on March 31, 2023 by issuing 1,093,760 common shares [...]
Oceanic Iron Ore is pleased to announce that it has elected to settle an aggregate of $94,107 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Series B Convertible Debentures, Series C Convertible Debentures and Series D Convertible Debentures on December 31, 2022 by issuing 1,344,374 common [...]
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 [...]
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 [...]
Oceanic Iron Ore Corp. 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 [...]
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 [...]
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 [...]