OCEANIC ANNOUNCES GRANTING OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

About this update from Oceanic Iron Ore Corp.

[{"type":"text","content":"\n\n\n\n OCEANIC ANNOUNCES GRANTING OF STOCK OPTIONS AND RESTRICTED SHARE UNITS\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n TSX Venture Exchange:  FEO\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 26, 2024\n \n\n /CNW/ - Oceanic Iron Ore Corp. (TSXV: FEO) (\"\n \n Oceanic\n \n \", or the \"\n \n Company\n \n \") announces that on August\n \n\n 23, 2024, the Company granted a total of 750,000 incentive stock options and 50,000 restricted share units (\"\n \n RSU\"s)\n \n to a director and officer of the Company. The options are exercisable at a price of\n \n $0.095\n \n per share for a period of 10\n \n\n years expiring on August\n \n\n 23, 2034, while the RSUs are expected to vest over a three-year period commencing on August\n \n\n 23, 2024.\n \n\n\n\n\n\n\n\n\n The stock options and RSU were granted pursuant to the Company's Stock Option Plan and RSU Plan, respectively.\n \n\n OCEANIC IRON ORE CORP. (\n \n www.oceanicironore.com\n \n )\n \n\n On behalf of the Board of Directors\n \n\n \"Steven Dean\"\n \n Chairman\n \n +604 566-9080\n \n\n\n 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.\n \n\n\n SOURCE Oceanic Iron Ore Corp.\n \n\n\n\n\n\n View original content to download multimedia:\n \n http://www.newswire.ca/en/releases/archive/August2024/26/c2534.html\n \n\n\n\n\n","length":3782,"tagName":"div"}]

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