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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Oceanic Iron Ore announces that pursuant to the Company's Stock Option Plan, a total of 3,405,000 incentive stock options have been granted to directors, officers and consultants of the Company. The Options are exercisable at a price of $0.14 per share for a period of 10 years expiring on June 29, 2030. Oceanic Iron Ore Corp. On behalf of the Board [...]
Oceanic Iron Ore is pleased to announce that it has filed a National Instrument 43-101 Technical Report entitled "Preliminary Economic Assessment of the Re-scoped Hopes Advance Property, Ungava Bay, Québec, Canada" with an effective date of December 19, 2019. The Technical Report is available for review on SEDAR and on the Company's website [...]
Oceanic Iron Ore is pleased to announce the results of a National Instrument 43-101 Preliminary Economic Assessment prepared by BBA Engineering Ltd. in respect of the Company's Hopes Advance Project). A Pre-Feasibility Study was completed on the Project in 2012. The Company is not treating the economic results of the 2012 PFS or the related Mineral [...]
Oceanic Iron Ore announces the issuance of 18,500,000 units of the Company from treasury in connection with the conversion by certain holders of the Company's Series B convertible debentures issued by the Company on November 29, 2018. A total principal amount of $925,000 has been converted at a conversion price of $0.05 per Unit, with Each Unit [...]
Oceanic Iron Ore announces that pursuant to the Company's Stock Option Plan, a total of 1,990,000 incentive stock options have been granted to directors, officers and consultants of the Company. The Options are exercisable at a price of $0.09 per share for a period of 10 years expiring on March 19, 2029. Furthermore, pursuant to Oceanic's [...]
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 [...]
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 [...]
