Tillkännagivande • Feb 13
Oceanic Iron Ore Corp. announced that it has received CAD 48.3126 million in funding from Sirocco Advisory Services Limited and other investors On February 12, 2026, Oceanic Iron Ore Corp. closed the transaction. In connection with the Bought Deal Offering, the Underwriters were paid a cash fee of CAD 776,250. The transaction included participation from returning investor Sirocco Advisory Services Limited. Tillkännagivande • Jan 26
Oceanic Iron Ore Corp. announced that it expects to receive CAD 48.3126 million in funding Oceanic Iron Ore Corp announced a non-brokered private placement to issue up to 49,416,800 units to insiders of the Company and to strategic investors, family offices, and other accredited investors, at a price of CAD 0.75 per unit for aggregate proceeds of CAD 37,062,600 on January 26, 2026. Each Unit will consist of one common share of the Company and one-half of one warrant of the Company. Each whole Warrant will be exercisable to purchase one Common Share at an exercise price of $0.95 per Common Share for a period of 36 months from the Closing Date. On the same date, the company announced a bought deal financing to issue 15,000,000 units at a price of CAD 0.75 per unit for aggregate proceeds of CAD 11,250,000, total gross proceeds amounting to CAD 48,312,600. The Underwriters will have an option, exercisable in whole or in part up to 48 hours prior to the Closing Date, to raise up to an additional 15% of the Bought Deal Offering size in Units at the Offering Price for potential additional gross proceeds of CAD 1,687,500. In connection with the Bought Deal Offering, the Company will pay the Underwriters a cash fee equal to 6% of the gross proceeds from the sale of such Units, including any Units sold pursuant to the Underwriters’ Option. The Offerings are expected to close on or about February 13, 2026, and are subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the applicable securities regulatory authorities. All securities issued pursuant to the Offering will be subject to a 4-month and one day hold period in accordance with applicable Canadian securities laws. Tillkännagivande • Jan 19
Oceanic Iron Ore Corp. Announces the Results of the 2Nd Phase of Its Metallurgical Testwork Program on the Company's 100% Owned Hopes Advance Project, Located in Northern Quebec, Canada Oceanic Iron Ore Corp. announced the results of the 2nd phase of its Metallurgical Testwork Program on the Company's 100% owned Hopes Advance Project, located in Northern Quebec, Canada. The results of Phase 2 of the Program concluded that, among other things: Based on optimized flotation conditions, bench-scale rougher-cleaner tests on the Project's gravity concentrate product, which constitutes 84% of the total product feed at Hopes Advance, yielded roughly 98% Fe recovery with a Direct Reduction iron ore grade of 68% Fe with only 2% SiO2 and 95% weight recovery, confirming DR grade feed potential at Hopes Advance for the benefit of green steel producers and other potential strategic partners seeking low operating cost sources of high quality product. This data also aligns with current critical mineral qualification standards, both provincially and federally in Canada. Initial testing on the Project's magnetic concentrate showed separation potential to supplement DR level gravity concentrate feed. The Company originally announced the results of Phase 1 of the Program on September 25, 2025, which indicated the potential to produce a high-grade, DR Iron ore product, based on bench-scale flotation testing which may be achievable with modest modifications to the existing flowsheet as detailed in the Company's current Preliminary Economic Study (the "PEA Study"). This would enhance the Project's product versatility by offering customers flexibility in product selection. Facilitates steelmaking planning to potentially blend with other operator's lower grade product; and Offers optionality for potential strategic partners as to product choice. The Program currently comprises 2 phases, with Phase 1 covering mineralogical analysis as well as initial flotation testwork to assess the potential to achieving a DR grade product, with Phase 2 applying results from Phase 1 to optimize relative reverse flotation conditions. This product was considered appropriate for this most recent Program as mineral resources identified at the Castle Mountain deposit represents 45% of the current Measured and Indicated Mineral Resource Estimate for the Project. Phase 1 Objectives: Analyze the physical and mineralogical characteristics of the Castle Mountain gravity concentrate; Evaluate potential for DR grade metallurgical characteristics under aggressive flotation conditions; Use results to inform conditions to run subsequent tests on Castle Mountain magnetic concentrate in Phase 2. Phase 2 Objectives: Developing a preliminary unit operation flowsheet and reagent scheme; Establishing grade-recovery relationships; Optimizing grade-recovery relationships. Optimizing grind size for optimal high-purity Castle Mountain gravity DR concentrate production; Using results from Phase 1 testing on Castle Mountain gravity concentrate to inform parameters with respect to initial testing on Castle Mountain magnetic concentrate. Phase 2 Results - Optimization Testing - Gravity Concentrate Grind Size: Two grind sizes were tested based on target liberation sizes suggested from mineralogical investigations: P80 of 75 and 53 um. Furthermore, based on the results of the 2012 Program, a mixed concentrate (magnetic concentrate without flotation and gravity flotation concentrate) could respect the target impurity levels under more aggressive flotation conditions. Further information in respect of the Morgan Lake and Roberts Lake projects, both of which have been explored historically and which have defined historical resources, is also available on the Company's website. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding the Study, the assumptions and pricing contained in the Study, the economic analysis contained in the Study, the results of the Study, the technical report for the Study, the technical Report for the Study, the development report for the Study, the development of the Study, the development and development of the Project. Tillkännagivande • Oct 21
Oceanic Iron Ore Corp., Annual General Meeting, Dec 30, 2025 Oceanic Iron Ore Corp., Annual General Meeting, Dec 30, 2025. Location: british columbia, vancouver Canada Tillkännagivande • Sep 27
Oceanic Iron Ore Corp. Provides Results of Phase 1 of Its 2025 Metallurgical Testwork Program on the Company's 100% Owned Hopes Advance Project, Located in Northern Quebec, Canada Oceanic Iron Ore Corp. provided results of Phase 1 of its 2025 Metallurgical Testwork Program on the Company's 100% owned Hopes Advance Project, located in Northern Quebec, Canada. The results from Phase 1 of the 2025 Program indicate the potential to produce a high-grade, direct reduction Iron product, based on laboratory-scale flotation testing which may be achievable with modest modifications to the existing flowsheet as detailed in the Company's current Preliminary Economic Study (the "PEA Study"). The benefits of producing a DR Iron product would include, but are not limited to the following: Recognition as "High-Purity Iron", identified as a critical mineral in Quebec and in Canada. The ability to now pursue DR-grade potential adds meaningful optionality to the flowsheet and broadens the appeal of the Project, globally. Combined with its other distinct characteristics (including scale, coastal location, and low impurity profile) these results continue to reinforce Hopes Advance as one of the more technically compelling iron ore development opportunities globally. The overall objective of the 2025 Program is to evaluate whether the Project can generate a high grade, low impurity DR grade premium iron product for the benefit of green steel producers and other potential strategic partners seeking low operating cost sources of high quality product, that also aligns with current critical mineral qualification standards, both provincially and federally in Canada. This would enhance the Project's product versatility by offering customers flexibility in product selection. The 2025 Program contemplates 2 phases, with Phase 1 covering mineralogical analysis as well as initial flotation testwork to assess the potential to achieving a DR grade product, and Phase 2 applying results from Phase 1 to optimize relative reverse flotation conditions. The Company engaged COREM, based in Quebec City, Quebec to conduct the requisite laboratory testwork for the 2025 Program. Next Steps - Phase 2 Testwork: Phase 2 will investigate a conventional staged flotation circuit (rougher, cleaner, scavenger) to simulate operational conditions. objectives include: Developing a preliminary unit operation flowsheet and reagent scheme; Establishing grade-recovery relationships; Optimizing grind size for Castle Mountain gravity concentrate; Evaluating magnetic separation (WHIMS) as an alternative route for gravity concentrate upgrading; Testing Castle Mountain magnetic concentrate flotation response and developing reagent scheme. Approximately 50 kg of both gravity concentrate and magnetic concentrate material is anticipated to be used for Phase 2 testwork. The Company will provide further updates on the Program once Phase 2 is complete. 
