15:23:36 EDT Sat 10 May 2025
Enter Symbol
or Name
USA
CA



Oceanic Iron Ore Corp (2)
Symbol FEO
Shares Issued 110,413,747
Close 2024-09-30 C$ 0.155
Market Cap C$ 17,114,131
Recent Sedar Documents

Oceanic Iron $2,385,000 debenture private placement

2024-09-30 19:17 ET - Private Placement - Debenture

Financing type:  non-brokered private placement

Offering:  $2,385,000 principal amount of convertible debenture, convertible into 31.8 million listed shares with 31.8 million warrants attached

Conversion price:  7.5 cents per listed share for the first year; 10 cents per listed share for years 2 to year 5

Maturity date:  Sept. 24, 2029

Interest rate:  8.5 per cent per annum

Warrant exercise terms:  7.5 cents per listed share for a five-year period

Disclosure:  Refer to the company's news releases dated Sept. 11, 2024, and Sept. 24, 2024.

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