TSX Venture Exchange: FEO
VANCOUVER, March 20, 2019 /CNW/ - Oceanic Iron Ore Corp.
("Oceanic" or the "Company") announces that pursuant
to the Company's Stock Option Plan, a total of 1,990,000 incentive
stock options (the "Options") have been granted to
directors, officers and consultants of the Company. The
Options are exercisable at a price of $0.09 per share for a period of 10 years expiring
on March 19, 2029.
Furthermore, pursuant to Oceanic's Restricted Share Unit
("RSU") plan, the Company's compensation committee and board
of directors has authorized the granting of 684,157 RSUs to
officers, directors, and employees of the Company.
OCEANIC IRON ORE CORP. (http://www.oceanicironore.com/)
On behalf of the Board of Directors
"Steven Dean"
Executive 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.
This news release may contain assumptions, estimates, and
other forward-looking statements regarding future events. Such
forward-looking statements involve inherent risks and uncertainties
and are subject to factors, many of which are beyond the Company's
control that may cause actual results or performance to differ
materially from those currently anticipated in such
statements.
SOURCE Oceanic Iron Ore Corp.