TSX Venture Exchange: FEO
VANCOUVER, BC, Aug. 26,
2024 /CNW/ - Oceanic Iron Ore Corp. (TSXV: FEO)
("Oceanic", or the "Company") announces that on
August 23, 2024, the Company granted a total of
750,000 incentive stock options and 50,000 restricted share units
("RSU"s) to a director and officer of the Company. The
options are exercisable at a price of $0.095 per share for a period of
10 years expiring on August 23,
2034, while the RSUs are expected to vest over a three-year period
commencing on August 23, 2024.
The stock options and RSU were granted pursuant to the Company's
Stock Option Plan and RSU Plan, respectively.
OCEANIC IRON ORE CORP. (www.oceanicironore.com)
On behalf of the Board of Directors
"Steven Dean"
Chairman
+604 566-9080
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Oceanic Iron Ore Corp.