Mr. Steven Dean reports

OCEANIC ANNOUNCES GRANTING OF STOCK OPTIONS

On Nov. 22, 2024, Oceanic Iron Ore Corp. granted a total of 700,000 incentive stock options to a director and officer of the company. The options are exercisable at a price of 18 cents per share for a period of 10 years, expiring on Nov. 22, 2034.

The stock options were granted pursuant to the company's stock option plan.