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Oceanic Iron Ore Corp V.FEO

Alternate Symbol(s):  FEOVF

Oceanic Iron Ore Corp. is a Canada-based exploration-stage company. The Company is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The Company is focused on the development of the Ungava Bay iron properties in Nunavik, Quebec. The properties comprise three project areas: Hopes Advance, Morgan Lake, and Roberts Lake. The properties cover over approximately 36,039 hectares of iron ore formation and are located within 20-50 kilometer of tidewater. These properties comprise approximately 3,703 claims which are located over 1,568 square kilometers along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover over 300 kilometers of iron formation.


TSXV:FEO - Post by User

Post by Swl1896on Nov 17, 2020 8:29am
788 Views
Post# 31913030

Financial Statement

Financial Statement Looking over the financial statements this morning confirms the need for an infusion of cash.  How will it occur?  There is already over 70% insider ownership.  Will it be the usual insider buyers, a new investor, or something else?  We should find out soon.  Meeting in December.  They might have to buy Tims instead of Starbucks until they replenish the bank account:)
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