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Oceanic Iron Ore Announces Board Change with Director Resignation

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Oceanic Iron Ore Announces Board Change with Director Resignation

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Oceanic Iron Ore ( (TSE:FEO) ) has provided an announcement.

Oceanic Iron Ore Corp. announced the resignation of Thomas Lau as a director, who was one of the nominees from the Sino-Canada Natural Resources Fund I. The company has decided not to fill the vacancy left by Mr. Lau, with Cathy Chan remaining as the sole nominee from Sino-Canada, contingent on the fund maintaining a 15% ownership in Oceanic.

More about Oceanic Iron Ore

Oceanic Iron Ore Corp. operates in the iron ore industry, focusing on the exploration and development of iron ore properties. The company is involved in advancing its projects to meet the demands of the global iron ore market.

Average Trading Volume: 51,591

Technical Sentiment Signal: Buy

Current Market Cap: C$23.5M

See more data about FEO stock on TipRanks’ Stock Analysis page.

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