FEOVF Oceanic Iron Ore Corporation (PK)

Oceanic Iron Ore Corp. (the "Company") (TSX VENTURE:FEO)(OTCQX:FEOVF) reports that pursuant to the Company's Stock Option Plan, a total of 3,625,000 stock options have been granted to directors and officers, employees and consultants of the Company. The options are exercisable at an exercise price of $0.27 per share for a period of ten years subject to regulatory approval.

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.

Contacts: Oceanic Iron Ore Corp. Steven Dean Chairman and CEO 1 604.566.9080 1 604.566.9081 (FAX)

Oceanic Iron Ore (PK) (USOTC:FEOVF)
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Oceanic Iron Ore (PK) (USOTC:FEOVF)
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