Disclaimer
This website, and the information contained herein, is not intended to modify, qualify, supplement or amend information disclosed under securities legislation of any jurisdiction applicable to Oceanic Iron Ore Corp. (“Oceanic”, or the “Company”) and has been provided solely for information purposes and should not be used for the purpose of making investment decisions. Oceanic’s public disclosure documents are available on SEDAR+ at www.sedarplus.ca.
While the information contained in this website is believed to be accurate, Oceanic expressly disclaims any and all liability for any losses, claims or damages of whatsoever kind based upon the information contained in, or omissions from, this website or any oral communication transmitted in connection therewith. In addition, none of the statements contained in this website are intended to be, nor shall be deemed to be, representations or warranties of the Company. Where the information is from third-party sources, the information is from sources believed to be reliable, but the Company has not independently verified any of such information contained herein. This information is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities. Under no circumstances should the information contained herein be considered an offer to sell or a solicitation of an offer to buy any securities.
All stock quotes and historical stock price data are provided by third party service providers and are provided for informational purposes only. Stock quotes may be delayed and are not intended for trading purposes. Oceanic makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.
Cautionary Note Regarding Forward Looking Information
This website and the documents posted on this website include certain "Forward-Looking Statements” as that term is used in applicable securities law. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "scheduled", "believes", or variations of such words and phrases or statements that certain actions, events or results “potentially”, "may", "could", "would", "might" or "will" be taken, occur or be achieved. There can be no assurance that such statements will prove to be accurate, and actual results could differ materially from those expressed or implied by such statements. Forward-looking statements are based on certain assumptions that management believes are reasonable at the time they are made. In making the forward-looking statements in this presentation, the Company has applied several material assumptions, including, but not limited to, assumptions regarding: (1) there being no significant disruptions affecting operations, whether due to labour/supply disruptions, damage to equipment or otherwise; (2) permitting, development, expansion and power supply proceeding on a basis consistent with the Company's current expectations; (3) certain price assumptions for iron ore; (4) prices for and availability of natural gas, fuel oil, electricity, parts and equipment and other key supplies remaining consistent with current levels; (5) the accuracy of current mineral resource estimates on the Company's property; (6) labour and material costs increasing on a basis consistent with the Company's current expectations; and (7) the ability to achieve the required financing from equity markets, debt markets and/or a strategic partner/off-taker to facilitate the development and eventual construction of the Company’s projects. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risks and Uncertainties" in the MD&A for the year ended December 31, 2025. Such factors include, among others, risks related to the ability of the Company to obtain necessary financing and adequate insurance; the economy generally; fluctuations in the currency markets; fluctuations in the spot and forward price of iron ore or certain other commodities (e.g., diesel fuel and electricity); changes in interest rates; disruption to the credit markets and delays in obtaining financing; the possibility of cost overruns or unanticipated expenses; and employee relations. Accordingly, readers are advised not to place undue reliance on Forward-Looking Statements. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Statements, whether as a result of new information, future events or otherwise.
Additional information relating to the Company is available on SEDAR+ at www.sedarplus.ca.
Compliance with NI 43-101
Oceanic has prepared the scientific and technical information on this website (“Technical Information”) based on information contained in the news releases and Technical Report (as defined below) (collectively the “Disclosure Documents”) available under Oceanic’s company profile on SEDAR+ at www.sedarplus.ca. Each Disclosure Document was prepared by or under the supervision of a qualified person (a “Qualified Person”) as defined in NI 43-101. Readers are encouraged to review the full text of the Disclosure Documents which qualifies the Technical Information. Readers are advised that mineral resources that are not mineral reserves do not have demonstrated economic viability and the PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. The Disclosure Documents are each intended to be read as a whole, and sections should not be read or relied upon out of context. The Technical Information is subject to the assumptions and qualifications contained in the Disclosure Documents.
Disclosure Documents include, without limitation, the news release titled “Oceanic Announces Results of a PEA” dated December 19, 2019 and the technical report titled “Preliminary Economic Assessment of the Re-Scoped Hopes Advance Property, Ungava Bay, Québec, Canada” with an effective date of December 19, 2019 and a signature date of January 31, 2020 (the “Technical Report” or the “PEA”).
Eddy Canova, P.Geo., OGQ(403), the Director of Exploration for the Company and a Qualified Person as defined by NI 43-101, has reviewed and approved the scientific and technical information contained in this website. Mr. Canova has verified the data disclosed herein, including sampling, analytical and test data underlying the technical information contained herein.
Third Party Links
Oceanic has provided links from this website to several other websites which are arm’s length to the Company. The viewer should be aware that in linking to these outside websites, he or she is leaving the Oceanic website and that the Company is not responsible for the content of any other site.