# Oceanic Iron Ore Corp

Oceanic Iron Ore Corp is an Asset Manager based in Vancouver, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Vancouver, Canada
- **Region:** North America
- **Address:** Vancouver, British Columbia, Canada
- **Assets under management:** Undisclosed
- **Website:** oceanicironore.com
- **LinkedIn:** https://www.linkedin.com/company/oceanic-iron-ore

## Regulatory record

- **Reports private funds:** No

## About

Oceanic Iron Ore Corp was incorporated in the 2010s and is led by a management team with experience in mining and project finance. The company's primary asset is the Hopes Advance iron ore project in northern Quebec, which contains measured and indicated resources of over 1 billion tonnes of iron ore (per the company's NI 43-101 technical report, 2013). The firm is publicly traded on the TSX Venture Exchange under the symbol FEO. The firm's strategy centers on advancing the Hopes Advance project through feasibility studies, permitting, and securing offtake agreements. The company targets the seaborne iron ore market, particularly high-grade concentrate used in direct-reduced iron (DRI) steel production. Geographic focus is on the Labrador Trough region in Canada, with additional holdings in the same area. The company has a market capitalization of approximately CAD $10-20 million as of 2025 and maintains a lean administrative team in Vancouver. No recent operational events have been publicly disclosed beyond routine filings. The firm operates as a junior mining issuer with no known philanthropic or parallel investment vehicles. The structural differentiator for Oceanic Iron Ore Corp is its single-asset focus on a large, high-grade iron ore deposit in a politically stable jurisdiction (Quebec, Canada). This contrasts with diversified miners, offering pure-play exposure to iron ore markets. The firm's governance follows standard Canadian public company practices, with a board of directors independent of day-to-day operations.

## Sectors

- Industrial Tech
- Natural Resources
- Infrastructure

## Questions

### What stage of development is the Hopes Advance project in?

The Hopes Advance project is in the advanced exploration and pre-feasibility stage. Oceanic Iron Ore Corp has completed a preliminary economic assessment and is working toward a feasibility study. The project still requires additional studies, permitting, and offtake agreements before any construction decision. The firm has not yet made a production decision.

### What is the geographic focus of Oceanic Iron Ore Corp?

Oceanic Iron Ore Corp is focused on the Labrador Trough region of Quebec, Canada. This region is a well-known iron ore district with established infrastructure, including rail and port facilities. The company's head office is in Vancouver, British Columbia, but its asset base is entirely in Quebec.

### Who manages Oceanic Iron Ore Corp?

Oceanic Iron Ore Corp is managed by a board of directors and executive officers, including CEO and President, as well as a CFO. Specific names are publicly available through the company's SEDAR+ filings and annual reports. The management team has experience in mining and capital markets.

### What is the market capitalization of Oceanic Iron Ore Corp?

As of 2025, Oceanic Iron Ore Corp has an approximate market capitalization of CAD $10-20 million. This market cap reflects the early-stage nature of the Hopes Advance project and the firm's limited trading liquidity. The company's valuation is subject to fluctuations in iron ore prices and project milestones.

### Does Oceanic Iron Ore Corp have any revenue from operations?

Oceanic Iron Ore Corp currently generates no revenue from operations, as the Hopes Advance project has not yet entered production. The firm's expenses are funded through equity issuances and debt financing. The company reports negligible working capital and relies on capital markets to fund exploration and development activities.

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Last updated: 2026-08-11T02:43:31.692Z

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