Original News Release
Oceanic Iron Ore issues 142,383 shares for debt
Mr. Steven Dean reports
OCEANIC ANNOUNCES SETTLEMENT OF DEBENTURE INTEREST FOR COMMON SHARES
Oceanic Iron Ore Corp., on Sept. 30, 2025, elected to settle an aggregate of $128,145 in accrued interest due under the company's previously issued replacement Series A convertible debentures, replacement Series B convertible debentures, Series C convertible debentures, Series D convertible debentures and Series E convertible debentures, by issuing 142,383 common shares in the capital of the company at a price equal to 90 cents per common share, representing the closing share price at Sept. 30, 2025.
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