Oceanic Iron Ore Corp V.FEO

Alternate Symbol(s): FEOVF

Steel Steel

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.

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Oceanic Iron Ore Corp > Royalty Payments

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Post by helpline88on Dec 16, 2024 12:58pm

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Post# 36364456

Royalty Payments

In a news release dated Dec 13 2023 an agreement was made to defer a $50,000 royalty payment until Nov 30 2024, two weeks ago. There hasn't been an update on whether this payment has been made or for that matter whether the current royalty payments for 2024 have been made. These payments seem to have been delayed as well.

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