Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF) ("Oceanic", or the
"Company") has granted an aggregate of 1,000,000 incentive stock options at
$0.27 per share for ten years to an officer of the Company, subject to
regulatory approval.


OCEANIC IRON ORE CORP. (www.oceanicironore.com) 

On behalf of the Board of Directors

Steven Dean, Chairman and Chief Executive Officer
Oceanic Iron Ore (TSXV:FEO)
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