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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 helpline88on May 04, 2024 6:09pm
145 Views
Post# 36023545

Incentive stock options

Incentive stock optionsI see Steven Dean announced the granting of 1,570,000 stock options at $.05. Can you believe he and the others actually need this incentive. And I love how they wait until the stock reaches new lows for the year so they get the options at $.05. I am quite sure all the people who were granted the new options are very wealthy but still they wanted to get their options as cheap as they could. Just more dilution. Always looking after their own interests. When will this so called incentive turn into shareholder value for us long starving small shareholders. 




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