OCEANIC ANNOUNCES DIRECTOR CHANGE
VANCOUVER, BC, May 27, 2025 /CNW/ - Oceanic Iron Ore Corp. (TSXV: FEO) (" Oceanic", or the " Company") announces that it has accepted the resignation of Thomas Lau (Tao Liu) as a director of the Company. Mr. Lau was one of two nominees of investor Sino-Canada Natural Resources Fund I ("Sino-Canada"). Under the terms of an amended debenture that Sino-Canada entered into with the Company in 2015, Sino-Canada is entitled to one Board nominee provided it maintains 15% ownership of Oceanic's common shares. The Board has elected not to fill the vacancy left by Mr. Lau's resignation and Cathy Chan will remain on the Board as Sino-Canada's one nominee for as long as Sino-Canada maintains at least 15% ownership of the Company's common shares.
OCEANIC IRON ORE CORP. (www.oceanicironore.com)
On behalf of the Board of Directors
" Steven Dean"
Chairman
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.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
13 minutes ago
- CTV News
CSEC to host hiring fair Monday afternoon at Saddledome
Calgary Sports and Entertainment Corp. are holding a hiring fair Monday and Tuesday at the Saddledome. Calgary Sports and Entertainment Corp. (CSEC) are hosting a hiring fair Monday. The parent company of the Calgary Flames are looking for security operations personnel and conversion team members (quick service cooks, line cooks, 50/50 staff) for its venue operations. These positions support events for the Flames, Wranglers, Hitmen, Riggers and Stampeders. The event takes place between 1 p.m. and 5 p.m. Monday and 10 a.m. and 2 p.m. Tuesday. Bring a resume to enter at the west side of the Saddledome through the Telus Club. CSEC says that they're hiring on the spot. For information, go here.
CBC
an hour ago
- CBC
Nova Scotia Power temporarily shut off power in part of Cape Breton to carry out repairs
A power outage affecting over 3,000 customers in the Whycocomagh area of Cape Breton was expanded for two hours at noon AT on Sunday as Nova Scotia Power carried out repairs. But as of 3:30 p.m. AT Sunday the utility's outage map showed that power had been restored to all affected areas. On Saturday night, over 9,000 customers were affected by the outage, which also included Chéticamp, Inverness, Mabou and Baddeck. Sunday's planned outage included customers in the areas that previously had their power restored. In a post on X, the utility said the additional outage was being done to ensure power could be safely restored to all areas. At one point, Sunday more than 11,000 customers were without electricity. Asked what the cause of the initial outage was, a Nova Scotia Power spokesperson said the company is focused on restoring power. Bonny MacIsaac, warden for the Municipality of the County of Inverness, said the outage coincided with the busy Inverness Gathering weekend. She said some businesses had to close as a result of the outage and haven't reopened. This includes the only grocery store in the community of Inverness, said MacIsaac.
CTV News
an hour ago
- CTV News
$500K lotto win a ‘big blessing' for Vancouver woman
Rowena Ibusca is shown in this photo provided by the B.C. Lotto Corporation. A Vancouver woman burst into tears after receiving life-changing news in a drug store earlier this month. Rowena Ibusca won a $500,000 LottoMax jackpot in the July 11 draw, splitting the Maxmillions prize with another lucky ticket holder in Ontario, according to a statement from the B.C. Lottery Corporation. 'When I scanned, I first thought it said $500, but then I scanned it again and just started crying. The first thing I said was, 'Is this true?'' Ibusca told the BCLC. When she went home and told her daughter, the tears of joy kept on flowing. 'We were both jumping and crying,' Ibusca said, recalling the moment she shared the news. Ibusca told the BCLC she still hasn't decided what to do with the windfall but described it as a 'big blessing' and a 'big help.' The odds of winning the Maxmillions prize are 3 in 99,884,400. Ibusca bought the winning ticket at the Point Grey Pharmacy on West 10th Avenue.
