OCEANIC ANNOUNCES GRANTING OF STOCK OPTIONS

TSX Venture Exchange:  FEO

Oceanic Iron Ore Corp. (TSXV: FEO,OTC:FEOVF) (" Oceanic " or the " Company ") announces that on August 15, 2025, pursuant to the Company's Stock Option Plan, a total of 1,940,000 incentive stock options (the " Options ") have been granted to directors, officers and consultants of the Company. The Options are exercisable at a price of $0.47 per share for a period of 10 years from the date of grant.

Oceanic Iron Ore Corp. ( www.oceanicironore.com )

On behalf of the Board of Directors

"Steven Dean"
Chairman
+604 566-9080

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.

SOURCE Oceanic Iron Ore Corp.

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