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MONTREAL, QUEBEC--(Marketwired - Nov. 23, 2015) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) announces the issuance of 6,835,000 common shares of the Company from treasury in connection with a partial conversion of the $3,000,000 convertible debenture (the "Debenture"), between the Company and Sino-Canada Natural Resources Fund I ("Sino-Canada"). The partial conversion is pursuant to the terms of a Debenture Amendment Agreement (the "Agreement"), originally announced on September 23, 2015. |
