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Bullboard - Stock Discussion Forum 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... see more

TSXV:FEO - Post Discussion

Oceanic Iron Ore Corp > RE:RE: Sino-Canada
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Post by helpline88 on Aug 11, 2020 11:19am

RE:RE: Sino-Canada

If you read the sedar document dated Nov 29th 2019 you will find that Sino-Canada owned at that time 25,069,703 shares representing 28.71% of the outstanding shares. If Sino-Canada reduced their position to 7,999.000 shares there would be a change of ownership warning and I haven't seen that happen. I think it is a plus they own this many shares. I am hoping they are here to support the project.
Comment by Shlinker_ on Aug 14, 2020 6:49pm
So who bought the roughly 18M shares then? If they were selling to several financial institutions, an Early Warning Report would not be required, no? But why was Sino selling? Insiders have certainly loaded up, who knows whom else. Let's just get a mine funded, please and thanks.
Comment by LionWhisperer on Aug 14, 2020 10:49pm
This post has been removed in accordance with Community Policy
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