TSX Venture Exchange: FEO
ALL AMOUNTS ARE STATED IN CANADIAN DOLLARS, UNLESS OTHERWISE NOTED
VANCOUVER, BC, Jan. 2, 2024 /CNW/ - Oceanic Iron Ore Corp. – January 2, 2024 (TSXV: FEO) ("Oceanic", or the "Company") is pleased to announce that it has elected to settle an aggregate of $92,652 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Replacement Series B Convertible Debenture, Series C Convertible Debentures and Series D Convertible Debentures on December 31, 2023 (the "Settlement Date") by issuing 1,544,185 common shares in the capital of the Company (each, a "Common Share") at a price equal to $0.06 per Common Share.
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