Oceanic Completes Repayment of Convertible Debenture With Sino-Canada

- November 24th, 2017

Oceanic Iron Ore (TSX-V: FEO) (“Oceanic”, or the “Company”) announces the issuance of 16,734,703 common shares of the Company from treasury in connection with the repayment of a convertible debenture issued by the Company to Sino-Canada Natural Resources Fund I (“Sino-Canada”) on May 23, 2013 and amended under an Amendment Agreement dated for reference on September 18, 2015 (the … Continued

Oceanic Iron Ore (TSX-V: FEO) (“Oceanic”, or the “Company”) announces the issuance of 16,734,703 common shares of the Company from treasury in connection with the repayment of a convertible debenture issued by the Company to Sino-Canada Natural Resources Fund I (“Sino-Canada”) on May 23, 2013 and amended under an Amendment Agreement dated for reference on September 18, 2015 (the “Debenture”).
 As noted in the Company’s press release dated November 17, 2017, the amount repaid of $2,043,307.26 comprises a principal balance owing of $2,025,329 plus accrued and unpaid interest up to the maturity date (being November 23, 2017) of $17,978.26.

Is it a good time to buy gold stocks?


Learn to profit from gold's low price this year!


Give me my free report!

Get the latest Iron Investing stock information

Get the latest information about companies associated with Iron Investing Delivered directly to your inbox.

Iron Investing

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time

Leave a Reply

Your email address will not be published. Required fields are marked *