06:43 AM EST, 01/02/2025 (MT Newswires) -- Oceanic Iron Ore ( FEOVF ) on Tuesday said it elected to settle $144,764 in accrued debenture interest by issuing around 1.1 million common shares at $0.135 per share.
The common shares issued to settle interest under the series E convertible debentures in particular are subject to a hold period expiring Jan. 24.