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Beedie Investments Ltd. Announces Filing of Updated Early Warning Report in Relation to Oceanic Iron Ore
Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Beedie Investments Ltd. ("Bee...
About this update from Oceanic Iron Ore Corp.
[{"type":"text","content":"Beedie Investments Ltd. Announces Filing of Updated Early Warning Report in Relation to Oceanic Iron OreVancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - Beedie Investments Ltd. (\"Beedie Capital\") announces it has completed an internal reorganization (the \"Reorganization\") of the holdings of Beedie Capital, pursuant to which: (i) Beedie Capital assigned and transferred 23,853,107 common shares (\"Common Shares\") in the capital of Oceanic Iron Ore Corp. (\"Oceanic Iron Ore\"), 13,333,360 common share purchase warrants (\"Warrants\") in the capital of Oceanic Iron Ore, Series A Convertible Debentures in the principal amount of $200,000 of Oceanic Iron Ore (\"Series A Debentures\"), Series B Convertible Debentures in the principal amount of $837,500 of Oceanic Iron Ore (\"Series B Debentures\"), Series C Convertible Debentures in the principal amount of $200,640 of Oceanic Iron Ore (\"Series C Debentures\"), and \"), Series D Convertible Debentures in the principal amount of $304,000 of Oceanic Iron Ore (\"Series D Debentures\") to Beedie Capital Investments Ltd. (\"Beedie Capital Investments\"); and (ii) Beedie Capital assigned and transferred all of the outstanding shares of Beedie Capital Investments to Beedie Capital Holdings Ltd. (\"Beedie Capital Holdings\"), resulting in Beedie Capital Investments being a wholly-owned subsidiary of Beedie Capital Holdings. The aforementioned securities were valued at their original acquisition cost when transferred by Beedie Capital to Beedie Capital Investments as part of the Reorganization. Each of Beedie Capital Investments and Beedie Capital Holdings is a wholly-owned subsidiary of Beedie Capital. Immediately prior to the completion of the internal Reorganization, Beedie Capital had ownership of 23,853,107 Common Shares, 13,333,360 Warrants, Series A Debentures in the principal amount of $200,000, Series B Debentures in the principal amount of $837,500, Series C Debentures in the principal amount of $200,640 and Series D Debentures in the principal amount of $304,000, which assuming the conversion in full of the aforementioned convertible debentures, and the exercise in full of the warrants issuable upon such conversions, represented approximately 33.87% of the issued and outstanding Common Shares after giving effect to such conversions and exercises.Immediately fo...