Oceanic Iron Ore Corp. Announces Settlement Of Debenture Interest For Common Shares

30.06.2025  |  CNW

Oceanic Iron Ore Corp. (TSXV: FEO) ("Oceanic", or the "Company") is pleased to announce that on June 30, 2025, it elected to settle an aggregate of $139,666 in accrued interest due under the Company's previously issued Replacement Series A Convertible Debentures, Replacement Series B Convertible Debenture, Series C Convertible Debentures, Series D Convertible Debentures and Series E Convertible Debentures, by issuing 581,943 common shares in the capital of the Company at a price equal to $0.24 per common share, representing the closing share price at June 30, 2025.

OCEANIC IRON ORE CORP. (www.oceanicironore.com)
On behalf of the Board of Directors

"Steven Dean"
Chairman

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ALL AMOUNTS ARE STATED IN CANADIAN DOLLARS, UNLESS OTHERWISE NOTED

SOURCE Oceanic Iron Ore Corp.



For further information: Gerrie van der Westhuizen, CFO & Corporate Secretary, +1 (604) 566-9080