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Title: Oceanic Iron Ore CEO Chris Batalha Gives Overview of Ungava Bay Assets

Canada, 18th Sep 2026 – Global Stocks News - Sponsored content disseminated on behalf of Oceanic Iron Ore. On September 16, 2026, Oceanic Iron Ore (TSXV: FEO) issued a message to shareholders entitled “Overview of our Ungava Bay Assets”.Oceanic is focused on the development of its 100% owned Hopes Advance, Morgan Lake and Roberts Lake iron ore projects located on the coast, in the Labrador Trough in Québec, Canada.The flagship Hopes Advance Project has a NI 43-101 Measured & Indicated resource of about 1.36 billion tonnes at a head grade of 32.1% Fe. The project is located at tidewater. The PEA highlights that Oceanic will not require a railroad to get its iron ore to market, significantly reducing capital expenses and operating costs.  Overview of our Ungava Bay AssetsChris BatalhaCEO of Oceanic Iron OreOceanic Iron Ore is developing three iron ore properties in Ungava Bay, Nunavik, Northern Québec. Our lead asset is Hopes Advance. The other two are Roberts Lake & Morgan Lake. All three assets are in the Labrador Trough, one of the most productive iron ore belts in the world. Ungava Bay is at 62°N latitude, the same distance from the equator as Anchorage, Alaska.  In June, the sun sets around midnight. In the dead of winter, we get five hours of daylight. The bay is 260 km wide at the mouth. Seasonal commercial activities include halibut fishing, Inuit seafood harvesting, eco-tourism and mineral exploration.Our three properties comprise 3,703 mineral claims across a total land package of 1,568 km². The projects span 300 kilometres of iron formation near tidewater. Ungava Bay is part of a Tier 1 mining jurisdiction: politically stable, well-regulated, and with a long history of mineral development.Roberts Lake & Morgan Lake have defi...

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