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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 Shlinker_on Mar 02, 2022 11:16am
186 Views
Post# 34475010

Royalty Shares

Royalty SharesRecent News: The Company reached an agreement with 154619 Canada Inc. ("154619") in respect of its 2020 and 2021 advance royalty payments of $200,000 through the issuance of an aggregate of 1,800,000 common shares at a price of approximately $0.1111 per common share. The Company also reached an agreement with SPG Royalties Inc. ("SPG") in respect of its 2021 advance royalty payment of $100,000 through the issuance of 900,000 common shares at a price of approximately $0.1111 per common share. - If these owners are selling, someone is buying. The question is who? Ryan Beedie bought a bunch of shares off Sino Canada 2 years ago, also off another Royalty holder no doubt. He hold about 3M shares from those transactions. Let's "hope bay" this deal gets done. Ha!
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