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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:$51,000
View:
Post by helpline88 on Aug 24, 2022 10:03pm

RE:$51,000

There are 19,500,000 cheap warrants at $.05 so they could exercise them to raise money. That would raise $975,000. Should keep the interest payments going for a couple of years. 

No money spent on the project.
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