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Oceanic Iron Ore ( OTCPK:FEOVF ) to settle an aggregate of C$94,107 in accrued interest due under the company's previously issued Replacement Series A Convertible Debentures, Series B Convertible Debentures, Series C Convertible Debentures and Series D Convertible Debentures on December 31, 2022 by issuing 1,344,374 common shares in the capital of the company at a price equal to C$0.07/share.
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Unless permitted under securities legislation, the common shares must not trade prior to January 27, 2023.
For further details see:
Oceanic Iron Ore announces settlement of debenture interest for common shares